Mintos summary – 2018 April and CashFlow summit

Mintos

Mintos Summary 2018 – April

Another continue of Mintos summary 2018 series. April was not that high performing as March, but still pretty decent. I think I got too greedy and was expecting the same high results to be standard. As net ROI in march 2018 was 1,24% p.m. it dropped to 0,92% p.m. which is still great, don’t get me wrong. The reason for this are the delayed payments from short-term loans, which were waiting for the buyback guarantee. With this in mind I expect the higher gains in May. So I am not worried, I still can see that my money are working for me well.

summary 2018 april

Year Month Account balance [€]  Investments Deposit Earnings [€] ROI p.a. [%] ROI p.m. [%]
2017 July 761.52 63 N/A N/A
2017 August 765.9 75 4.38 6.90 0.58
2017 September 774.62 78 8.72 13.66 1.14
2017 October 781.82 81 7.2 11.15 0.93
2017 November 791.02 82 9.2 14.12 1.18
2017 December 800.26 86 9.24 14.02 1.17
2018 January 1202.22 89 390.96 11 16.49 1.37
2018 February 1219.13 132 16.91 16.88 1.41
2018 March 1234.27 136 15.14 14.90 1.24
2018 April 1245.57 140 11.3 10.99 0.92

Mintos reaches profitability in 2017

This one is a GREAT and important news. I was little bit worried, that the longer Mintos is in red numbers, the higher there is a chance it might go down. But since the company is already profitable (EUR 196 000 in 2017) I trust it even more. It’s easier to invest into a profitable company than to a falling one. And Mintos doesn’t want to stop, they are planning to increase their net profit 2-3x times in 2018. Also their staff is growing, they are planning to double their headcount (currently 50 people) till the end of the year.

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Next steps

  1. As I was talking in the previous post, I am sure now I will send more money into Mintos and expand my investment there.
  2. I bought a ticket for CashFlow Summit Olomouc 2018 which is organised by Investree. I am really excited about this one. Once it’s finished (26/05/2018), I will share my thoughts about it in another post.

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