I have decided that it is time to create a template for my passive income Portfolio Quarterly earnings report. This will help me structure the message, but also it will help me have some proper content to list on this blog. My August portfolio update was very light and had a completely different structure to the one shared in the May portfolio.
The idea today is to show my active and passive income streams and highlight the profit and loss statement for each, the investments done in each and the returns. In parallel to this, I will mention the challenges faced and the decisions I took to overcome them.
If you are reading an older post, but want to check my progress towards my goals, then you can check my passive income goals or just check out my monthly updated portfolio.
Active Income
Consulting Firm – My consulting services
Due to the confidentiality of information, my active income for the consulting firm will not be shown in this post or any other future quarterly earnings. This is still my bread and butter (>90%) of revenue and I must respect my customers and my company’s confidentiality.
In order to generate notoriety for my company and to start promoting eBook and eLearning sales from my website, I have incurred the cost of 512 EUR split as follows:
|
What |
EUR |
expires |
Monthly |
per Month |
Comments |
|
122 |
May-22 |
No |
N/A |
||
|
48 |
Dec-21 |
No |
N/A |
4 Domains |
|
|
Web directory listing |
57 |
N/A |
No |
N/A |
SEO service |
|
SEO courses |
20 |
N/A |
No |
N/A |
|
|
265 |
N/A |
No |
N/A |
SEO service |
|
|
Total Cost |
512 |
Personal Blog
I currently have no revenue from the blog. This is currently only generating a cost which I expected as the initial investment. Because I created my consulting firm website + online eBook/eLearning platform together with my blog, I will just sum up the current overall cost and equally split it between the two.
|
What |
EUR |
expires |
Monthly |
per Month |
Comments |
|
122 |
May-22 |
No |
N/A |
||
|
12 |
Dec-21 |
No |
N/A |
||
|
Web directory listing |
57 |
N/A |
No |
N/A |
SEO service |
|
SEO courses |
20 |
N/A |
No |
N/A |
|
|
265 |
N/A |
No |
N/A |
SEO service |
|
|
Total Cost |
476 |
|
|
|
|
|
What |
EUR |
Comments |
|
Ads |
0 |
No ads on blog for now |
|
0 |
Nothing so far |
|
|
Donations |
0 |
No donations button on blog for now |
|
Total Revenue |
0 |
This means that I am currently at a loss of 476 EUR with my blog because I had no revenue from it.
Passive Income
Paying off Debt
As you remember from my active and passive income streams article, I consider paying off debt a good part of my passive income. Why? Simple – reducing the amount paid in loans increases the amount invested.
We have further paid 10,000 EUR on the house and we are looking for an additional payment of 10,000 EUR by the end of the year. The reason why we do this is listed on my view for prepayment on the mortgage.
|
What |
Worth |
Remaining Mortgage |
Monthly |
Extra (Paid) |
|
Apartment |
70,000 |
39,550 |
245 |
1,000 |
|
House |
Undisclosed |
205,000 |
1,050 |
40,000 |
|
|
Total |
244,550 |
1,295 |
41,000 |
Currently this is a monthly cost of 1,295 EUR as the apartment is not rented, but let to family. The next steps here are to look to sell the apartment in 1-2 years from now and put all the money from the sale as an early payment on the mortgage.
Stock and ETF investments
The core of my passive income is my investing as you can see from this portfolio quarterly earnings report. This is the area towards which I want to allocate most of my savings and go long. As my strategy is buy and hold I can easily flag this under my passive income stream. During the last quarter I have added some additional VC investments + single stocks and ETFs as you can see in my portfolio.
As this is my first quarterly report, I will add here the total P&L and in each future report, I will compare to the prior quarter. My total profit from investments since I started is 2,163 EUR.
Venture Capital investments
|
What |
Invested |
Market Value |
Unrealized P&L |
|
4,450 |
5,340 |
890 |
|
|
1,720 |
1,720 |
0 |
|
|
|
Total |
7,060 |
890 |
Single Stocks
|
What |
Market Value |
Unrealized P&L |
Currency |
|
2,367 |
588 |
USD |
|
|
293 |
-13 |
USD |
|
|
1,105 |
221 |
USD |
|
|
1,720 |
77 |
USD |
|
|
1,311 |
47 |
EUR |
|
|
360 |
-1 |
USD |
|
|
905 |
107 |
EUR |
|
|
395 |
-36 |
USD |
|
|
340 |
54 |
GBP |
|
|
Total |
8,276 |
976 |
EUR |
ETFs
|
What |
Market Value |
Unrealized P&L |
Currency |
|
803 |
-12 |
EUR |
|
|
295 |
15 |
USD |
|
|
2,098 |
96 |
EUR |
|
|
874 |
-22 |
EUR |
|
|
1,917 |
98 |
EUR |
|
|
2,006 |
133 |
EUR |
|
|
820 |
-20 |
USD |
|
|
Total |
8,783 |
297 |
EUR |
Cash
| What | Market Value |
| EUR | 3,960 |
| GBP | 8 |
| USD | 4,788 |
| Total in EUR | 8,315 |
Hint: I use Revolut for my currency exchange.
P2P Lending
P2P lending seems somewhat new and it looks like a fad, but I prefer to invest into it rather than cryptocurrencies because this is something that I understand. As an EU citizen, I decided to use 2 main platforms: Mintos for small buyback loans and Crowdestate for secure debt real-estate and company loans.
Due to automated investing and a review and configuration of the platforms every 2-3 months, I currently have a profit of 1,041 EUR.
|
Invested |
% p.a. |
Profit/Loss |
|
|
8000 |
11% |
744 |
|
|
7031 |
13% |
297 |
|
|
Total Invested |
15031 |
Total Value |
1041 |
Sell eBook online
This is one of the standard passive income streams as shown in all media by bloggers or by the passive income community. As my experience is in the niche of a niche, I have created and published an eBook on it (222 pages). This eBook was created by using Canva and I have published it on Teachable.
After running ads on Facebook and Linkedin, in 1 week since the launch I have just made 1 sale and it was only several hours ago. I have decided to switch the ads and move to Google Ads in order to see if this would have a better return on advertising investment.
|
What |
EUR |
expires |
Monthly |
per Month |
Comments |
|
Canva |
107 |
N/A |
Yes |
13 |
eBook publish, Thumbnails, Video |
|
Teachable |
0 |
Feb-20 |
Yes |
29 |
eBook and course platform |
|
Linkedin Ads |
100 |
N/A |
No |
N/A |
|
|
Facebook Ads |
50 |
N/A |
No |
N/A |
|
|
Google Ads |
100 |
N/A |
No |
N/A |
|
|
Total Cost |
357 |
|
|
|
|
Even though I had this initial cost of 357 EUR, my current generated profits from 1 sale are of 16 EUR. This mainly moves me to a loss of 341 EUR from my eBook.
Sell Course online
This supplements the book, but I need to learn from my mistakes. As the eBook sales are low, I am looking for create the first chapter of the course in its final version and then launch it for FREE and start generating leads. If the leads are low and there is no interest in the course, then I will kill it after only putting the effort for one chapter and not for a whole 4-5 hour course.
Even though I only have a DRAFT version of the first chapter which has to be filmed again from scratch, I have already bought the license for my blackboard video software and I start from a deficit of 149 EUR.
|
What |
EUR |
expires |
Monthly |
per Month |
Comments |
|
149 |
N/A |
No |
N/A |
Blackboard animation software |
|
|
Total Cost |
149 |
|
|
|
|
Affiliate marketing
At this point in time I do not have the actual time, nor the willingness to invest a lot in affiliate marketing. This is why I have no investment, nor profit in this category for now.
You can find a full list of my affiliate links (only products I use – either free version or paid/subscription) at my Resources page (just check the Menu).
YouTube videos
Last, but not least is YouTube. I plan to create videos for each of my posts that catch your eyes or provide the best value for my readers. The aim is to have both a written and a video format of my story.
I have not started any work on the videos for now as the main priority is to finish the video for the course mentioned above.
Conclusion
In order to conclude my Passive Income Portfolio Quarterly earnings report, I have listed below the overall profit and loss across all mentioned segments.
|
|
IN |
OUT |
|
Company |
N/A |
512 |
|
0 |
476 |
|
|
Debt Payments |
N/A |
N/A |
|
Stocks & ETFs |
2,163 |
0 |
|
P2P Lending |
1,041 |
0 |
|
eBook |
16 |
357 |
|
Course |
0 |
149 |
|
0 |
0 |
|
|
0 |
0 |
|
|
|
3,220 |
1,494 |
|
|
|
|
|
Bottom Line |
+1,726 |
|
I am happy to say that I am at an overall profit of 1,726 EUR between Dec 18 and Oct 19.