Many people are quite hesitant or even annoyed when it comes to thinking about what to do with their savings. I get it: most of us already spend a lot of time in our respective jobs to earn money. As a consequence, we are not really willing to spend even more time to consider what to do with that money. Gathering information about investment opportunities takes a lot of time and numbers are boring anyway.
I suppose this is why blogs like this one exist. To provide condensed information, to show how the investments work and, most importantly, that they return a profit.
In the spirit of passive income the time spent for making investments should be minimized. The money that we spent so much time on earning is supposed to work for us with minimal effort from our side.
As with most things there is a certain relationship between the effort that we take and the profit that we make. Of course, this is also true for financial matters. So, here are my thoughts about 3 possible investment strategies that can give you a certain revenue based on the effort you’re willing to make.
Continue reading “Profit versus Effort: 3 investment strategies”
April is already over and this month brought quite some changes to my portfolio. I’m still in the process of moving funds from Mintos to other marketplaces, mostly to Envestio and Crowdestor.
Let’s take a look at the numbers:
Continue reading “My investment portfolio in April”
Today, Envestio announced new funding details for transferring funds to your investor account. Don’t forget to update your money transfer orders. All payments made to the old Envestio bank account will be rejected after April 3rd and sent back to your account. You should have gotten the updated bank details by email and you’ll also get them in a popup when you log into Envestio.
So, March is about to be over. Spring is in the air and the sun is shining in Germany. Time to get back on my road bike…. I was insane enough to register for a bike race in May and there’s still a lot of training to be done.
But first, let’s take a look at my investment portfolio in March:
Continue reading “My investment portfolio in March”
Quo vadis Envestio?
The number of unique investment projects on Envestio is a bit limited and at the same time there are more and more registered investors. This results in projects being fully funded within a short time and many investors might miss out. So, I asked Envestio what their plan is to expand to more projects and higher investment volumes in 2019.
Here’s what they answered:
Continue reading “Envestio: Outlook 2019”