GBP Portfolio Overview In August 2019, income from the Peer to Peer Portfolio again took a small dip. The problem this time was all Funding Circle which once again hit my account with big default losses to the tune of £206.81. So instead of the usual £170+ income, I ended up with a […]
P2P Update
In July 2019, income from the Peer to Peer Portfolio took a bit of a dip. I was trying to figure out why this was. The income from Funding Circle, Lending Crowd, and Kuflink were all off in July for starters. Looking closer I realized that I took the numbers for the June update on July 1st, and it appears that it makes a huge difference to the income figures as many of the repayments come in on the 1st of the month, so the stellar figures in June it seems included some of the repayments for July.
April was the best month yet for my P2P Lending Portfolio! It finally crossed the £1000 per month income barrier with a return of £1,028.67 in GBP. I mentioned “in GBP” at the end there because I decided to buy some euros and add some euro lenders this month so I now need to distinguish between the two currencies. I mentioned I was hoping to buy some euros in last month’s update. More on that later.
December was an interesting month. I decided to exit Zopa and distribute the capital to other lenders. You can read in more detail why I decided to do this further down in the Zopa section of the update. I also added some more information to the table and charts section giving more information on income and XIRR calculations, as well as adding income graphs for each lender.
