This is my sixth Quarterly report. You can check out my previous quarter report and I hope you enjoy my current Portfolio Quarterly earnings report quarter 1 2021.
The idea of this post is to show my active and passive income streams and highlight the profit and loss statement, the investments done 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 quarterly updated portfolio. If you are interested in the passive income article, just click passive income in the menu.
Contents
Active Income
Consulting Firm – My consulting services
As you may know from my previous report, the revenue and scope of my business is not something that I am currently comfortable to disclose. This is still my bread and butter (>90%) of revenue and I must respect my customers and my company’s confidentiality.
The main update on this is that now I officially have a 40% decrease in my income as the contract with my second client is done. The aim now is to increase my bill to the new customer and to cut costs as much as I can. Sincerely, I am struggling to actually cut the costs and still aiming to find better ways to reduce my fixed costs on a monthly basis while further reducing down the mortgage.
On this area, I had some extra costs this quarter reduces SEO and domain costs with a total expense of 306 EUR for the last 3 months. This is ~188 EUR more than the prior quarter due to some performance improvements and some ads and tweaks. I will continue with minimal business promotion and improvements as they did not generate a worthy return. I will try some more SEO next quarter, but once that is done, I hope that I will find some more time to put into my YouTube channel. It looks like all my articles that have associated You Tube videos improve my consulting firm blog SEO where I had 3740 clicks (+10% compared to last quarter) and 8200 sessions (+90%).
As for my eBook sales, I managed to sell some more copies with total sales of 64 EUR which represent a 100% sales increase:
From the total of:
Personal Blog
I have the first revenue for this blog. It is a link exchange with a total value of 91 EUR. Finally this is not only a cost generator. I am still keeping this blog separate from my main business one and as I do not have a proper reader base for now (32 subscribers, a +5 increase from last quarter). I did not expect to gain revenue from the blog, but I hope to start increasing the number of readers during the next months.
By the way, I stopped posting progress on the weight loss as I did not do anything relevant there. I need to shape up and start fixing that soon.
The total cost for the blog was of 0 EUR for this quarter and I intend to keep it close to this figure. I had 144 clicks and 1300 sessions (10% increase). Extremely small for a blog.
This means that I am currently at a loss of 151 EUR with my company’s website and personal blog for this quarter. All I can say is that my domains are paid for, I am switching to monthly payments for the hosting and that my SEO is gradually slowing down for both.
Passive Income
Paying off Debt
As you remember from my active and passive income streams, I consider paying off debt a good part of my passive income. Why? Simple – reducing the amount paid in loans increases the amount invested.
There was no further prepayment on the mortgage this quarter, but the money is there and waiting. Due to the pandemic, we decided to play it safe and further wait with prepayment on the mortgage until things are a little bit more stable.
The only change here is that we are preparing a 20,000 EUR down payment for 2021 and we might be extending our yard, which will incur a cost of ~25,000 EUR on top.
Stock and ETF investments
The core of my passive income is my investing. This is the area towards which I want to allocate most of my savings and go long. My strategy is buy and hold and this is why I flag this under my passive income stream. During this quarter I sold few stocks and replaced my NASDAQ dividend stock with an accumulating one. I am logging all my exited stocks in my portfolio. The market is now up, sincerely, more than I expected and I have a total profit of 5779 EUR since last quarter on stocks and ETFs.
As for Etergo, the law suit is till work in progress and I have no idea if I can recover part of the 4167 EUR loss that I have there. Maybe something will happen, but I do not expect it.
Venture Capital investments
No change versus previous quarter
| Platform | Company | Shares | Paid | Sold | PnL |
| Crowdcube | Carwow | 464 | 1650 | 0 | 0 |
| Etergo | Etergo | 13350 | 4405 | 226 | -4179 |
| Total | 6055 | 226 | -4179 | ||
Single Stocks and ETFs
All the latest updates are in my portfolio and you can see it there. Main difference between last quarters is a profit of 5779 EUR. This quarter list is below:
New exits versus previous quarter
| Asset Category | Symbol | Realized PnL |
| Stocks | CGG | 30 |
| Stocks | EQQQ | 1315 |
Unrealized profit and loss
| Asset Category | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stocks | AUD | DRO | 8000 | 886 | 1240 | 354 |
| Total in EUR | 573 | 802 | 229 | |||
| Asset Category | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stocks | CAD | FCU | 1400 | 389 | 728 | 339 |
| Stocks | CAD | GCM | 42 | 186 | 226 | 40 |
| Stocks | CAD | NCU | 5000 | 852 | 875 | 22 |
| Stocks | CAD | PVG | 21 | 190 | 273 | 83 |
| Stocks | CAD | SCOT | 2500 | 754 | 475 | -278 |
| Total in EUR | 1564 | 1749 | 140 | |||
| Asset Category | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stocks | HKD | 2343 | 4000 | 4783 | 8400 | 3616 |
| Total in EUR | 515 | 921 | 396 | |||
| Asset Category | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stocks | USD | AAPL | 40 | 1779 | 4886 | 3106 |
| Stocks | USD | EXK | 500 | 1953 | 2480 | 526 |
| Stocks | USD | HL | 200 | 1157 | 1138 | -19 |
| Stocks | USD | HLX | 500 | 1636 | 2525 | 889 |
| Stocks | USD | RADA | 250 | 1048 | 3002 | 1954 |
| Stocks | USD | SAND | 300 | 1950 | 2040 | 90 |
| Stocks | USD | URG | 550 | 278 | 605 | 326 |
| Stocks | USD | UUUU | 240 | 360 | 1363 | 1003 |
| Total in EUR | 8488 | 15378 | 6715 | |||
| Asset Category | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stocks | EUR | 36BZ | 1250 | 7101 | 6437 | -663 |
| Stocks | EUR | BCHN | 20 | 1454 | 2178 | 724 |
| Stocks | EUR | BRYN | 40 | 7608 | 8756 | 1147 |
| Stocks | EUR | CNDX | 12 | 614 | 7568 | 200 |
| Stocks | EUR | ESP0 | 50 | 1832 | 1770 | -61 |
| Stocks | EUR | GLUG | 150 | 1639 | 1856 | 217 |
| Stocks | EUR | HEAL | 225 | 1960 | 1866 | -93 |
| Stocks | EUR | INRG | 120 | 1393 | 2350 | 87 |
| Stocks | EUR | IS0C | 50 | 1745 | 1951 | 206 |
| Stocks | EUR | ISPY | 90 | 1811 | 1765 | -45 |
| Stocks | EUR | LOCK | 325 | 1905 | 1952 | 47 |
| Stocks | EUR | SXRS | 500 | 1823 | 2220 | 397 |
| Stocks | EUR | TNOW | 10 | 3148 | 8294 | 1437 |
| Stocks | EUR | UNIC | 500 | 7669 | 6780 | -889 |
| Stocks | EUR | WCLD | 40 | 1847 | 1615 | -231 |
| Total in EUR | 45935 | 57364 | 2481 | |||
P2P Lending
I am still keeping my previous point that during the COVID-19 pandemic the P2P lending is not the best way to go. I have noticed that governments tend to lower interest rates and try to boost the economy, thus this may not be the best for the next ~2 years. Due to this, I am currently holding any investments into P2P until late 2021. I want to see how things move through the winter for my existing investments in Mintos and Crowdestate.
I am still waiting for the bankruptcy investment that I have with Crowdestate as the proceedings were delayed several times. Looking forward to see how this ends up and hoping that I will recover the 1776 EUR still stuck there.
The below are the overall statistics, but when comparing to the previous quarter, this one I made 31 EUR. Please keep in mind that this is after I pulled out of P2P lending.
Crypto currency
This is a new addition to the list. I do not have a lot of experience with crypto, but I bought Stellar and Elrond. All that I can say, is that so far so good 🙂
| Coin | Currency | Symbol | Quantity | Cost Basis | Value | Unrealized P/L |
| Stellar | EUR | XLM | 1500 | 374 | 577 | 203 |
| Elrond | EUR | eGLD | 61 | 1647 | 9150 | 7503 |
| Total in EUR | 2021 | 9727 | 7706 | |||
Affiliate marketing
At this point in time I do not have the actual time, nor the willingness to invest a lot in affiliate marketing. The only improvements I have done here was to add some banners on the side bar for P2P lending, Hosting and Fiverr. You can check them out or you can just go to my Resources page to see all the items for which I am an affiliate.
YouTube videos
Last, but not least is YouTube. I have already hinted to this in a previous chapter, but I am happy to say that I have a total of 109 (+2 since last quarter) subscribers and 228 public hours of videos.
Stagnating on my cats Instagram page, but if you love cats and want to check them out, just go to Amazing5Cats or just check out the image at the end of the post.
Conclusion
In order to conclude my Passive Income Portfolio Quarterly earnings report for Q4 2020, I have listed below the overall profit and loss across all mentioned segments.
| + | – | |
| Company | 0 | 1846 |
| Blog | 91 | 187 |
| VC | 0 | 4179 |
| Stocks/ETFs | 19548 | 0 |
| P2P Lending | 1987 | 0 |
| eBook | 136 | 0 |
| Crypto | 7705 | 0 |
| Affiliate | 0 | 0 |
| YouTube | 0 | 0 |
| 29467 | -6212 | |
| Bottom Line | 23255 | |