Update #010 - January 2022

Helloooooooo everyone out there in the vast Internet, welcome to Update #010, covering my finances for the month of January 2022. Can't believe I've been doing this for almost a year :O now, hello consistency, how are you, wink wink!!! 

January was a good month, I must say though that getting back to work after the holidays was hard to say the least. The first 2 weeks were mental, oncalls delayed projects, jeeezzz, luckily things have taken a slower pace by now.

Have you seen the stock market during January? oh my, it felt like a freaking roller-coaster. we dipped 10% on 27th, and now looks like we are slightly recovering. However things aren't looking too good, looks as if we were starting to break previous lows and trending down. I guess in a few weeks or month we will have a better picture!

What am I doing? trying to pick stocks as they start dropping in price, but holding off on any big purchases for a few weeks at least.

Yearly summary - 2021

Hello how long!!! Here I am, ready to do a review of my 2021, see which of my goals I achieved and which I didn't and also to rant a bit about other stuff. Also was thinking about including some highlights of 2021 and set the new goals for 2022.

Update #009 - December 2021

Hello how long! It's me again, still reporting from the scorching southern hemisphere survining almost 40 Celcius right now! Things can get really hot down here in summer xD. Oh, man I missed this weather, it hasn't rained once in almost 3 weeks now. That said, I got a very serious sunburn I'm still recoverying from because of going for a walk between 10am and 2pm. I did wore some suncream but I clearly lost the technic to apply it properly xD, so now I'm peeling off like a snake literally. For the first time in a long long time, I managed to really disconnect myself from work, which was an amazing feeling. Need to achieve that more often, but without the need of having to travel to the oppossite hemispfere xD, otherwise is hardly viable.

Financially wise December, despite my negative predictions HERE, was pretty good :). This was caused by both lower than usual expenses and good passive income levels. The P2P platforms finally broke the €40 barrier I was so looking forward to (hard to tell whether that will be sustained though) and my beloved dividends did pretty good as well.

Enough with the pep talk :), lets get to the numbers!

Update #008 - November 2021

I don't even know when November happened, if you ask me 2021 didn't have a November xD!!! Hello anyways I guess :), sorry I've had a few very very intense weeks and now I'm on my merry way to sunnier lands. Although I'm currently stuck in Frankfurt airport, my mind is already feeling the 30+ centigrade that wait for me in the southern hemisphere of this beautiful and fragile sphere we call earth.

I haven't slept much the last 48 hours, so forgive my crappier than usual language xD. Have you noticed how much more cumbersome has traveling become? Jesus... PCR tests, a ton of forms to fill, certificates of vaccination, I remember when worrying about my passport and visa was all of it. Good old times, right?

Well, enough ranting! Lets talk some finances now.... turns out November was for me as nuts as it was for the stock market. Yeah, my stock portfolio went full nose dive to begin with, mainly caused BABA stocks, on top of that the passive income overall wasn't outstanding. Lets have a closer look, will you?

Is something brewing in the P2P Lending space???

Now that the world is coming to an end again (for like, what? the 4th time this year?) with this new Covid variant and lockdowns, markets going nuts and blah blah blah, we have P2P lending platforms acting out. For the last 3 to 4 months I've been consistently complaining about my P2P Loan platforms. You could say, that I complain a lot, and you wouldn't be wrong xD, but in this case I might have a valid reason. Late payments, drops in interest rates, cash dragging, etc etc are some of the symptoms I've noticed in the platforms I use. And now... to all these already bad issues, we can add FEES, yeah, Finbee is adding an account FEE!!! WTF Finbee!!! WTF!!!

Update #007 - October 2021

It is me again (a bit late xD), this time saying good by to Mr October 2021. A month that didn't bring much to be honest, neither financially nor personally. Don't get me wrong, wasn't a bad month, just nothing particularly good about it. Good thing is, I am now entering the last 4 weeks before my so, so, so, needed holidays!!! It's actually 4 weeks to leave Ireland, I'll do remote work for a week and a half and then proper holidays mode on. But just being able to get on a plane and get the heck out of here for a while will be a big relief. Honestly... I have never wished holidays so bad.

Financially speaking October was so and so. Although there were some dividend hikes on some of my positions, the earned dividends were super shy. On the other side P2P earnings recovered a bit compared with the results from September, not a whole lot to be honest (I was expecting better). Lastly, P2P related, I noticed that for over 3 weeks, Mintos had about €220 without investing them at all so i decided to relocate them.

Lets go into the details!

 

Update #006 - September 2021

What a month!!! As we get closer to the end of the year, looks like we are at the brink of a big economic colapse xD. Both world biggest economies are having their own fair share of issues due to debt (one way or another). On one side we have China and their now infamous Evergrande scandal, and on the other (literally opposite things xD) the US running out of dough and struggling to increase their debt ceiling to get them printers printing. What a time to be alive folks!!! What a time!!!

Jokes a side, hope you all had a good September, regardless of where this all takes us I truly hope is not too bad. Chances are in a few weeks we will be just talking about Halloween and we would have left all of this fear and uncertainty behind. I myself had an interesting month, did some buying here and there, got some juicy dividends and pretty good P2P results.

Life itself is going good, summer is officially behind us here in Emerald Island as we've had very chilled days lately. On the bright side, I finally got my tickets to see my family in December. It's going to be almost 2 years without being there, so can't wait!!! All that said, lets get to the numbers September left.

Update #005 - August 2021

Here we meet again, another month is gone and is time to pick up the numbers to see how things went. Personally August was a solid month, lots of bouldering was done and a pretty good walking stats :). Financially speaking it wasn't as solid unfortunately xD, that said something great happened in this are :) keep reading if you want to know more :O... (see what I did there :P )

Update #002 - May 2021

Here I am, June 2nd, re writing this post because freaking Blogger editor is crap... and deleted all my draft when I was trying to copy a freaking table to it. Anyways... May did not go unnoticed to me at all, lots of interesting events in tha finance world, from the crash in Bitcoin and other cryptos, to a deep in the SP500, AT&T announcing Warner media spinoff, etc. Adding to all the financial madness, Ireland has provided some of the sunniest days I can remember, so all in all things in May were interesting.

Personal finances are looking good as well, second highest month in expenses coverage with passive income reaching 1.89%. As usual, mostly driven by the P2P portfolio returns and less than half by dividends from my stock portfolio. No big chances in the P2P portfolio, although a few things are not looking so nice. I did make some changes in the stock portfolio that you might find interesting, bought some deep in the lows we had in the first half of May 

AT&T is getting rid of Warner Media and cutting their dividend! I'm selling Comcast!

May is proving to be a very emotional month for the stock Market, and here I am licking my wounds after the shocking news about my dearest dividend stock AT&T. In a nutshell, they have announced they are finally giving up on their dream of becoming "a modern media company". Yes, they will sort of spin-off their Warner Media (acquired in 2018) business and merge it with Discovery to from a new company while T will focus on their telco business (which may not be a bad idea). But getting rid of the second largest income generating business (and the only one really growing) in your portfolio doesn't come for free... they will cut their dividend!!!