Portfolio Quarterly earnings report quarter 2 2020

This is my third Quarterly report. Now is the first time when I compare my figures from one quarter to another. You can check out my previous quarter report and I hope you enjoy my current Portfolio Quarterly earnings report quarter 2 2020.

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 monthly updated portfolio. If you are interested in the passive income article, just click passive income in the menu.

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.

On this area, I have continued promoting my website via a total cost of 493 EUR for HostingSEO services. This is ~100 EUR less than the prior quarter and I intend to bring it further down. Even though my eBook venture is a clear loss, I almost started getting an additional customer that could of brought my loss to an end. As this did not yet materialize, I will continue with minimal business promotion and improvements. My YouTube channel now has 102 subscribers, and my business blog had OKish statistics this last quarter.

Business Blog

As for my eBook sales, since I transferred to PayHip I have a profit of 20 EUR and managed to get the below statistics for this quarter. Please keep in mind that I had a PROMO with FREE eBook during 2 months of the COVID-19 Pandemic.

eBook sales

Personal Blog

I still have no revenue from the blog. This is currently only generating a cost which I expected as the initial investment. I am still keeping this blog separate from my main business one and as I do not have a proper reader base for now, I do not expect to gain revenue from the blog, but I hope to start increasing the number of readers.

The total cost for the blog was of 111 EUR for this first quarter and I intend to further bring this down. 

The number of clicks from Google and profits made from the blog are listed below:

Personal Goals Blog

What EUR Comments
Ads 0 No ads on blog for now
Affiliate 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 584 EUR with my company’s website and personal blog for this quarter. All I can say is that my hosting is paid for the year and that I slowed down the SEO services for both. My aim is to bring this to a halt in the next quarter. What I learned was that I cannot stop it abruptly as it may impact my rankings.

Passive income

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.

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.

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. As my strategy is buy and hold, I can easily flag this under my passive income stream. During this quarter I have added some GOLD and some stocks that I flagged under the series of articles entitled The Experiment. This is based on research I did not do myself, but from which I picked what I could and what I thought that might make a 10x return in 5-10 years time. Check out the first update after 2 months since the initial buy orders.

The key news of this quarter is the sale of Etergo to OLA Electric. This hit me with a 95% loss for the 13350 shared that I held of Etergo. Frankly, I am not happy about it at all and there is already a community of shareholders that are trying to fight this, or at least try to understand what happened and why did such a painful sale has to happen. For those interested in further details, you can check the road from 0.33 to 0.017 a share. What does this mean to my financial portfolio, well this means a 5100 EUR hit (%10 of my investments), but an actual loss of 4167 EUR. The difference is mainly due to the comparison of the unrealized value as the stock was evaluated at 0.40 prior to the news of the sale to OLA Electric.

Besides the Etergo issue, my other stock investments did well and countered the loss I had last quarter. This brought my 5100 EUR loss to a much smaller figure. Overall loss for Q2 2020 in unrealized profit: 1665 EUR which leads me to a total unrealized profit of only 1746 EUR for my investments since inception.

Venture Capital investments

Symbol Position Currency Market Value
Carwow 447 GBP 1,500
Etergo 13350 EUR 238 (loss of 5102)
Total EUR 1903  
vs previous Q EUR -5102  

Single Stocks and ETFs

Due to the outbreak I have added some stocks and ETFs to my portfolio. I have marked them below as new additions to my portfolio. Some are new and some are just increases in my current positions.

Symbol Currency Market Value
2343 HKD 4405
4GLD EUR 2546
AAPL USD 3671
AEO USD 221
AIR EUR 1986
ATVI USD 1552
BABA USD 2247
BIDU USD 1243
BMW EUR 1165
BRYN EUR 3202
CGG EUR 184
CLF USD 271
COKE USD 2327
CSEMUS EUR 1906
CSSPX USD 6298
CVET USD 535
DPW EUR 995
DRO AUD 1120
EQQQ EUR 2720
EXK USD 227
EXS3 EUR 900
FCU CAD 374
FCX USD 1160
GCM CAD 289
GILD USD 769
HLX USD 750
INRG EUR 265
IWDA EUR 2698
MCD USD 1109
MEUD EUR 1837
MVOL EUR 1754
NCU CAD 990
NEE CAD 340
NESN CHF 1058
PVG CAD 237
RADA USD 1634
TDW USD 184
TLRD USD 70
TNOW EUR 2529
URG USD 283
UUUU USD 366
WSML USD 1455
XOM USD 889
Cash AUD 0
Cash CAD 9
Cash CHF 18
Cash EUR 1202
Cash HKD 84
Cash USD 592
Total Invested EUR 50090
Total Market Value EUR 56242

P2P Lending

During the COVID-19 pandemic, I have noticed that governments tend to lower interest rates and try to boost the economy. Besides this, there are a lot of people who become unemployed and several sectors are badly hit financially. As most of my loans are either on real-estate or on small loans, I start to lose confidence in the lenders ability to guarantee them as more and more borrowers will have to postpone their payments. Due to this I managed to successfully withdraw most of my investments from Mintos and Crowdestate, even if some were at a loss. 

When I draw the line, my P2P investments are still profitable, but I have one big loan still in pre-bankruptcy proceedings with Crowdestate. If this does not go well, then I will be at 0 when summing up these two platforms.

The below are the overall statistics, but when comparing to the previous quarter, this one I made 64 EUR. Please keep in mind that this is after I pulled out of P2P lending.

  Invested Profit/Loss Total
Crowdestate 7,040 (-5532) 103 1867
Mintos 8,000 (-6552) 879 1772

eBook online

Sell eBook online

Not a lot to say here, in total I sold 2 more eBooks. I mainly gave the eBook for FREE and had a decent number of downloads ~100 for the free copy. 

The main changes is that I use PayHip now and i like it more than Teachable when you are selling eBooks. The reason why I choose these two platforms is because they manage VAT and to an European seller, this is of importance and less of a headache. 

Just a reminder of the number of eBooks sold versus the number of free previews for the last 3 months.

Free Sample eBook
Free Sample eBook

 

 

Sell Course online

A complete revamp of this was put in place. The current approach is to create free YouTube videos in order to promote the eBook and improve the existing articles on my company’s site in order to boost eBook sales.

This will mean that 70% of the context of the course I was thinking about will be free and on YouTube. I plan to monetize it once I either have the 1,000 subscribers (35 so far) or 4,000 hours (52 so far) of public watching via YouTube. Until then, I have to wait.

So far, I was able to create 5 videos and I am still pending 19 more in order to cover all my articles. Once this is done, I will shift my focus and start creating videos for this personal goals blog.

Starting with the next quarterly report, this section will be removed.

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 +10 subscribers and +50 public hours of videos watched compared to the previous report.

Starting from next quarterly report, my online courses section will merge with this areas as I will focus via YouTube to improve eBook sales and cover 70% of the course for free via this platform and with embedded videos on my company website blog articles.

conclussion

Instagram

Last month I have created a Instagram page for my cats. I am currently trying to gain followers to see if my cats can become influences. If you love cats and want to check them out, just go to Amazing5Catsor just check out the image at the end of the post.

Conclusion

In order to conclude my Passive Income Portfolio Quarterly earnings report for Q1 2020, I have listed below the overall profit and loss across all mentioned segments.

  +
Company N/A 1,146
Blog 0 165
VC 934 0
Stocks/ETFs 0 222
P2P Lending 1856 0
eBook 21 0
Course 0 0
Affiliate 0 0
YouTube 0 0
  2,811 1,533
Bottom Line 1,278  

I am happy to say that I am at an overall profit of 1,278 EUR between Dec 19 and Mar 20, but I lost 766 between Jan and Mar 20.

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My afternoon #nap #catsofinstagram #cats

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