Update: November 2018

Update: November 2018

Sun, 12/02/2018 - 00:22
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Feels great having our first returns flowing in! Let's dive straight in and see what has happened in November

Assets Income
Fast Invest   Fast Invest (external) EUR 11,29
Envestio   Envestio (external) EUR 14,75
REDSTAR   REDSTAR (external) EUR 45,21
ProjectX EUR 506,05
Affiliate commissions EUR 95,21
Payment commissions EUR 158,34
Total EUR 830,85

The returns from Envestio have been surprising (in a very positive way), as I was not fully clear on their referral rules. I creates a corporate account for REDSTAR based on a invite from my personal account. Which resulted in receiving an an extra 2,5%, based on the amount invested by the invitee in my personal account and an extra 0,5% on my corporate account. That happened to be a whopping amount of 95,21 EUR extra this month on top of already high interest rates.

Fast invest has also started to generate it's first returns. One thing I am not sure if I like the system or not. It is different from Envestio in that each month a part of the principle is re-paid by the lender, reducing interest repayments each month, as your investment principle reduces.

And I've made the decision to include any passive income from REDSTAR, as I've started investing through that entity now. Technically it is not a personal investment, as the business is it's own legal person. But any returns do contribute to my combined passive income streams, they just end up in different pots and pans. But they are my pots and pans, so it makes sense to me and will provide me a more complete overview of my situation.

Savings rate

November is come and gone, work life is stable and it should have been a great savings rate this month, if I did not bought plane tickets to Europe for Christmas for the family. But we are getting stricter on our budgets and have not gone over, except for these plane tickets. November ended on a savings rate of 15.99%.

Savings rate November 2018

What's next

Due to some corporate banking issues in the last month and a bit, I've not been able to able to expend further investments from the business side. The banking issues should be fully resolved in the first or second week of December and which pushes any results of further investments into January next year. So expecting a stable December before an additional increase in returns.