My P2P lending portfolio 2023 and strategies for 2024
The last month hasn’t expired yet, but It is already foreseeable that I will significantly beat the 2022 return this year.
If I ended 2022 with 7.8%, I will probably end 2023 with 8.9 – 9%. The additional return is due to the fact that I have placed greater emphasis on high-yield investments this yearas before and in the process I reduced my large Bondora Go & Grow account a bit.
In addition to liquidating my savings account for a new car at the beginning of the year, I also put a lot of “dead” money back to work by rigorously closing out projects that no longer pay (for example on Crowdestor or Reinvest24). if I had to accept a short-term loss as a result.
In 2022 I also listed the publicly listed vehicle Honeycomb Investment Trust as a P2P. That was no longer the case this year, as in my opinion it can no longer be completely attributed to P2P after the conversion to Pollen Street Plc. Incidentally, that’s a shame, because it made a return of almost 30% this year and greatly reduced last year’s loss. But that’s how it is sometimes.
My P2P return in 2022. The Ukraine war is clearly visible.
My P2P return for 2023 without December.
2024 will be exciting for P2P loans. The regulatory wave will continue and unregulated platforms will increasingly lose out. With a few exceptions, there are hardly any reasons to invest here and take the extra risk.
In the new year, my primary goal will be EUR 3,000 per month from P2P loans. I will achieve this by continuing to expand my existing platforms to their target value and possibly adding 1-2 new platforms.
Since I have consolidated heavily this year and kicked out several platforms, a platform kick is not explicitly planned. However, Estateguru is clearly on the rocks. I will probably decide in 2024 whether I will remain invested here long-term. The performance of the new loans looks quite decent, they just need to move forward with repossessions.
Lendermarket will also be dismantled again if the pending payments story does not clear up significantly in a timely manner. However, I’ll wait until the end of January to take advantage of the last cashback.
2023-12-23 09:19:57
#P2P #loans #review #Stable #growth
