Last year I wrote about my initial impression of goPeer, a Canadian peer-to-peer lending service. I even wrote a goPeer Investment Calculator to help calculate the potential earnings. If you have not heard about it I highly recommend checking it out, either as an investor or as a borrower.
I dabble in all sorts of self-directed investing mechanisms including traditional stocks,covered call ETFs, real estate investing platforms like Addy. It’s no surprise that the past year has been a tough year for Canadians not only to buy basic goods such as food and gas, and to pay rent. Inflation due to war, greedflation, excuseflation, and supply chain troubles continue to eat away at our retirement savings. That’s why I’m glad to share some good news:
I’m a data nerd, every month I take a snapshot of my financial situation. I’ve been doing this monthly for several years and I’ve found it very useful. It helps me take stock of what I need to change, what’s working and what’s not. I keep it super simple, for every investment, asset and liability I have they are represented as a column in a simple spreadsheet that I update once per month. Here’s a fictional example:
| Month | Cash | TFSA | RRSP | GoPeer | Addy |
| 2023-01-01 | 10,000 | 45,000 | 45,000 | 10,000 | 7000 |
| 2023-02-01 | 10,300 | 44,000 | 46,000 | 10,100 | 7000 |
| 2023-03-01 | 10,220 | 47,000 | 47,000 | 10,200 | 7000 |
| 2023-04-01 | 12,000 | 48,000 | 48,000 | 10,300 | 7050 |
And every year usually around tax time I review how the year went and plan for the next:
- How much should I try to save for the kids RESP?
- How much should I try to put into TFSA?
- Should I max out RRSP contributions?
I also review the overall performance of each investment:
- Is this still the right risk profile for this stage of my life?
- Is it doing well? Should I change anything?
That’s when I was surprised to discover that goPeer was the best performer across all my investments this year!
goPeer was the best performer across all my investments this year
Here’s a screenshot of my rate of return:
And this is not just me, I’ve found other goPeer users who are posting far better rates of return than what I have been able to make, here are some screenshots from them that were posted on the Addy discord, a chatroom where Addy users hang out:
That said, there are those that did not do as well, but still very respectable:
So I highly recommend Trying it out for yourself! Using my referral link will help us both out: you’ll get $30 bucks and I’ll get $30.
Life Mission 
