Hello all!
Yet another month passed, so it’s time to sum it up.
Last month I made a few investments on Envestio and Kuetzal. It is good practice to invest every month something from my active income to grow my passive income. Last month it was 300 Euros. That will add around 4 Euro to my income in the following months. Not a lot, but I don’t want much more money to invest now. But doing this for one year, I would get 40 Euro a month at the end of the year and hopefully double my passive income ;).
What next?
If there will be not some new exciting projects on Kuetzal and Envestio, I will think about investing more in Mintos. But this time with Ruble instead of Euro. It seems it will offer higher interest rates. And the exchange ratio between my currency CZK and RUB seems quite stable for few last years. This may be good investment opportunity. I will start with a small amount and see what next.
Cryptocurrencies
Lastly, about cryptocurrencies. This month was again drop by about 20%. It is unpleasant to see this drop in the graph, but I believe in the long term it doesn’t matter. As I said last month, I’m not putting more money into Crypto now, so I don’t care about its value.
From the ‘altcoins’ I bought last month is the best performer VeChain that made my investment increased by 100%. Not bad for one month. I will see what will come next.
(1€ = 25.54CZK, 1$ = 0.9€)
| Asset | Income | Change (last month) | Investment | Value |
|---|---|---|---|---|
| Mintos | 19.09€ | -3.6% | 2145€ | 2378€ |
| Kuetzal | 21.48€ | +7.9% | 1348€ | 1458€ |
| Envestio | 5.03€ | +45.8% | 504€ | 509€ |
| Fundlift | — | — | 388€ | 388€ |
| Shares | — | — | 2427€ | 2570€ |
| Crypto | — | — | 1552€ | 1214€ |
| 45.6€ | +5.7% | 8364€ | 8517€ |
Income:
Portfolio value:
Because of Crypto, the line of profit comes back closer to the line of the investment amount. I hope they will separate again soon.
Are you just starting investing?
If you are starting building your portfolio, I would recommend you to read my Investment strategy above to get the starting point.
As always, I wish you luck and…
End of talking and let’s get to work!