I am watching a lot of investing videos on youtube recently. I like to watch them while I eat, or they play in the background while I do something else. I assume that even though I don’t pay enough attention, interesting info catches my attention. I noticed there are a lot of great videos, and I thought of a way how I could exploit that. In this short text, I’ll try to explain my black hat idea and if it worked.Continue reading How I exploited existing youtube videos with a fake Patreon profile
I mentioned I was pretty happy with mintos about a month ago, and a lot changed since then. I found out a guarantee on mintos is not insurance, it’s just saying that the lending company should pay off the borrower if he is unable to do monthly payments. But if the lending company goes bankrupt, their guarantee is useless.Continue reading Not feeling that great about mintos anymore
I am terrible at personal goals, as I just write them down and get back to it in January next year 😀 well, but still I find it useful to see what I planned and what I achieved. Here I’ll comment on my goals from 2020 and what I’d like to do in 2021. I will keep it updated, as it mostly serves as notes for me and it changes throughout the year.Continue reading Goals for 2021
For the past few years, I had mintos work on autopilot. I had sent there money and let it compound by autoinvest feature. Recently I checked some metrics and found out I have 93% of my p2p portfolio in a single lending company. That shocked me, as I don’t want to keep my eggs in one basket, but diversify. So I adjusted that just a few weeks ago, to diversify my investments among more lending companies. This got me thinking, and I thought seeing how % of defaulted loans could be a good indicator, whether the p2p lending market is surviving corona times just fine or struggles.Continue reading Mintos – loan repurchase ratio
I’ve had some time to check famous crypto offerings I have been ignoring for some time. First one is crypto.com, where you can get 2% card cashback on most payments and second is blockfi, where you can earn 5-8% interest on cryptocurrency. Both of these look amazing, as 8% interest in general is something, when used wisely, can within a decade make you financially independent. I’ll write a bit more about both platforms here, so read on!Continue reading Trying out latest crypto products
Today I opened an account in etoro, which is the third brokerage I use. I started investing on DEGIRO platform, later got annoyed by the 30% tax on dividends, and created an account on trading212, which I am very happy with! But today I created and funded an account with etoro, in this article I will explain why I want to have 3 brokers, maybe even more in the future and why I don’t think that is a bad idea.Continue reading Why I am opening an account with a third stock broker?
It’s time I just don’t put money into domains and websites I no longer have a plan to build and work on. I am starting with an auction on ranky.sk, domain I’ve had for 12 years. A decade ago, I spent a lot of time with pageranks and I was earning a good amount of money on my 100+ website portfolio with high page ranks – good income for a student. I no longer have passion in this area, no plan for that domain, so I am putting it on sale 🙂 Join auction on webtrh.cz if you are interested.
I thought I will write down how am I doing with reaching financial independence, to track progress and see if it is doable, or I need to do major changes. So I’ll be updating this page yearly with recent passive income that is covering my living costs. And I’ll add a short paragraph to each year, might be nice to read in retrospective 🙂Continue reading Path to my financial independence
I decided I want to deprecate suggestions feature on digrin.com. I looked into data and it was rarely used. Digrin was sending emails to users (I even forgot about that part). I don’t use the feature myself, and I think it can be even dangerous, to have a feature that sounds like “suggestion for stock buys”, which you often need financial licence to do. And this was automated feature. I am removing it now, but wanted to write down for myself how it worked, because I will definitely forget and one day I might find it interesting.Continue reading Deprecating suggestions on Digrin
I like it. It’s stable above 10% XIRR. In stocks, I expect to be around 8% XIRR long term, but there can be up and downs -> few years XIRR maybe even negative. But for p2p lending, it should be stable around 10%, with a buyback guarantee! On the other hand, at the moment my XIRR on dividend portfolio is 14.91% and 56.95% on my small growth portfolio (though it’s just temporary on peak now, as all stocks).Continue reading P2P lending in Mintos