3 years is a long time between regular updates!

I have re-evaluated my investment strategy having dabbled in multiple high-risk, interesting ventures. Mostly the high risk stuff has not paid off, but the experience has been fun and I have worked out where to concentrate my efforts.

Endowment Policy

My endowment policy that I have invested in for 25 years paid out. I paid off 10% of my mortgage, invested into my ISA for the year and also my wife’s ISA. The rest I have kept liquid to invest in subsequent tax years, investing in the next year’s ISA.

Pension

I rejoined my workplace pension having been out for 2 1/2 years. The time out of the pension scheme allowed me the funds to investigate the myriad of investment opportunities. The rules around pension Tax in the UK changed in the time away and became much more favourable, hence I decided to rejoin the scheme.

Consolidation of Investments

My investments have consolidated a lot over the last 3 years. I’ve shed all the high risk investments and anything that was not very profitable. At the same time some platforms have closed or the business model changed and the projects were sold off.

Euro denominated P2P loans platform: Exited

Bull Ride Scooter hire: Exited

Sun Exchange Solar Income: Most investments sold to a single investor, with the remaining projects planned for sale by the platform

Yield Nodes: Closed due to Fraud

Crowd Property: Withdrawing funds as the amount of defaulted loans was so high the profits are minimal

What’s Left?

Workplace Pension Scheme

Stocks and Shares ISA investments via 2 companies. Columbia Threadneedle and Fidelity

Stocks and Shares ISA Dividend investing via the FreeTrade platform

P2P Credit Card lending via Elfin Market ISA account

Cryptocurrencies. Interest generating investments via the NEXO platform and Solana Staking

Property building company Curve Block