Ah yes, the month of May.
I blogged about the month of May last year and mentioned that the un-realised profits in my portfolio of stocks had almost been halved then (read here). With the recent sell down in the market in recent days, my portfolio has not been pretty.
In recent months, I have reduced the purchase of stocks. In fact, in some months, there are no trades at all.
On the other hand, I have been more active building up my P2P loan / Invoice Financing portfolio.
Yes, I have gotten my first default (a P2P loan from Funding Societies)… for the loan in question (to an international commodities trading company), has only partially paid the previous month’s payment due, and in this month, there is a non repayment. Will be finding out more on the status of the loan. Yes, there is always risk involved. Having said ......