Portfolio update – July 2023
How to achieve financial freedom? Through systematic investing. It’s easy to say, but more difficult to maintain consistency. This journal entry is for my future self, to record the entire – long journey, successes, and mistakes I’ve made, rather than just the final result. I hope it will motivate you to build your financial independence.
Summary
From this month onwards, I will start adding a historical chart of the entire portfolio, which better illustrates changes in the portfolio over the course of the year.
The write-off of the YieldNode position last month is clearly visible. The remaining fluctuations in the balance are due to exchange rate differences between the individual months.
Portfolio history (last 12 months)
Portfolio summary
| Position | Value | Profit |
| Bitfinex Lending | €9 907 | €56 |
| Mintos (EUR) | €12 634 | €138 |
| Mintos (RUB) | €2 783 | €3 |
| Robocash | €7 740 | €77 |
| ETF | €2 678 | €68 |
| Total | €35 742 | €342 |
Bitfinex Lending*
The first month after, I changed strategy to dynamically set prices based on your current bid. The first month starts to take off, valuable monthly results will be only after 2 months.
Below is a chart of completed offers from the last month:
Mintos (Euro €)*
After last month’s delayed loans dropped below EUR 1,000, delays have returned.
The residual deposit is the result of converting completed ruble positions into euros.
Mintos (Rubel rosyjski ₽)*
Wallet in the process of withdrawal. Currently divided into the last two companies. A smaller part, belonging to IDF EURASIA, is repaying and converting its liabilities into euro for another month – this month, over 9,000 rubles.
The second one, Kviku, unfortunately still unchanged. If you are interested, please visit the Mintos blog where you can follow the ruble thread.
Robocash*
From September, Robocash is introducing changes to the bonus system, you will no longer be able to get bonus interest so easily. Previous bonuses started from 10k euros (+0.5%) and ended at 1.3% for 50k+ euros.
Below is a new table for comparison:
In terms of profits, July was another stable month for the Robocash.
ETF
Eye-pleasing green indicators. No additional investment from me.
(*) I play open cards. Links marked with an asterisk are affiliate links. If you use them, I will receive a commission. It won’t cost you anything, and often you will get a bonus too – More information can be found on the pages under the specific links.
(**) Due to the nature of the stock market, income should be understood as potential until the position is realized.