November 2021

Almost half way through December so it’s high time I did the summary for November. Christmas is round the corner so it’s was good to get the summary out for my 2 year investment journey which I posted last week. Here is the detail for November.

🦠 Corona Virus vaccine levels are high in the UK but since last month the new Omicron variant has reared its head. We are embarking on a massive programme of mass vaccination for booster jabs, hoping this will save the health service from crippling demand. 🤞

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Investments

ElfinMarket. Following the plan, I invested £1000 into my IFISA account. Invested £1000

FreeTrade. This months investment again went to top up another big dividend payer in the renewables sector, GreenCoat Wind. It received £500 of new money. Invested £500

CrowdFunding. FreeTrade was raising funds again on CrowdCube this month and I couldn’t resist. As a business it is really going from strength to strength. Invested £550

Juicy Fields All the weeks in my 16 week cycle are full with plants now. I don’t plan to add any more funds to this investment, just allow it to compound. Invested £970

Total Invested £3025

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Monthly Income

Saw tooth variability has decreased with a stabilisation. I was expecting a decent drop compared to October due to a low income month from Juicy Fields. This was however compensated by a higher than expected income from yield farming.

On with the detail…

TheSunExchange. The school project that was in default, has now been resolved and they are paying again. Everything else has increased income as the days get longer. Next month the Nhimbe Fresh project should come on line as the batteries have arrived. Income £54

CrowdProperty If I thought last month was a slow month, this month was dismal. Let’s hope this starts to improve soon. Income £19

ElfinMarket income is continuing to increase with a continued investment. This month the income has increased by another £9. Income £55

Euro P2P lending has continued to drop as I pull out my funds. Income £8

Crypto lending across NEXO, Celsius, and Luno has had an slowing of pace this month as the bull run stalls once again with a massive flash crash. I have liberated all my BTC and ETH from BlockFi and moved it to NEXO, so BlockFi is no longer on my list of platforms. Income £350

YieldFarming and Staking has had a good month though it won’t continue. I have liquidated everything except my UST on the Anchor protocol. I haven’t put all the funds into Anchor so next month will have almost no income from yield farming. Moving forward this should increase again as I transfer assets to Anchor. Income £664

FreeTrade is back in business with its dividends. December and January look OK as well. Income £72

JuicyFields as predicted income is on the lower side. From December onwards income should stabilise and be on an ever increasing trend. I should technically break even with JF in March when measuring income verses investment, but I have compounded some of the income. Actual breakeven where I have withdrawn my initial investment will happen in June or July. Income £206

Total Passive Income £1430

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It seems to be a big balancing act. Income is stable but not really heading in any particular direction. It’s up one month and down the next. Hopefully through 2022 the upward trajectory will be reinstated. I’m aiming for a consistent £2000-£3000 per month by the end of 2022. Let’s see