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.
|Year||Month||Account balance [€]||Investments||Deposit||Earnings [€]||ROI p.a. [%]||ROI p.m. [%]|
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.
- As I was talking in the previous post, I am sure now I will send more money into Mintos and expand my investment there.
- 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.