My Investing Journey with Passive Income, Stocks, and Cryptocurrencies!

Category: Passive Income Page 1 of 2

OCTOBER PASSIVE INCOME REPORT

Here is my October Passive Income Report:

Patreon-$113.29

Adsense-$5.34; traffic is down on my music website considerably. Not sure what is going on but ever since I converted to https my traffic has dropped off! This truly affects ad revenue.

Dividends $69.13

Amazon Affiliate $0.18; Once again Amazon continues to be the weakest link, just a few book sales via clicks on my youtube channel.

Credit Card Rewards $6.25

Credit Union Rewards $14.27

Skillshare-$31.52

Digital Products $12.55; had a few TAB sales but most were of the lower priced tier, so it didn’t amount to much.

Youtube $29.28; It FINALLY happened, I’m able to monetize my music channel on youtube. Looks like that is going to net me around an extra $30 per month.

TOTAL PASSIVE INCOME FOR OCTOBER is $278.62

This is a little less than last month, largely because I didn’t make any video sales through TEACHABLE as normal. I still have my prize on making over $350 in passive income over the next couple of months. I think I got this now with the extra Youtube ad revenue.

I just passed $300 in PASSIVE INCOME!

I just passed one of my milestones, breaking $300 in PASSIVE INCOME.

Here is my breakdown of how I did it

1)Patreon $114.96

Patreon continues to be my outperformer, I love this site.

2)Google Adsense $3.04

3)Teachable $58.62

Teachable is where I sell my Digital Music Teaching videos for download and sale.

4)Skillshare $26.85

Not a bad month for skillshare, I generally average around $20 a month from my online music course on the site.

5)Stock Dividends $117.05; Now this is my complete TOTAL of dividends which includes my Roth IRA, Traditional IRA, and Brokerage account. Not all of these dividends can or should be withdrawn today.

6)Digital Products $15.03

This is from sheet music sales. I only sold a few this month.

7)Amazon Affiliate $2.81

This gave me a total of $338.36 in passive income with a total of $239.47 that I could potentially take out as income today.

Lastly, I’d like to end by stating I’m now officially monetized on my youtube music channel so that will add somewhere around 30-40 dollars to my passive income as well next month. Good things coming down the pipe!

JUNE PASSIVE INCOME & MY PORTFOLIO

HERE IS MY JUNE BREAKDOWN

  • Adsense $4.96
  • Amazon Affiliate $2.82
  • Skillshare $9.21
  • Digital Products $24.50
  • Patreon $76.81 (Before Taxes)
  • Teachable $9.21
  • Dividends $12.33
  • Dividends in retirement accounts $101.21
  • Swing trading $37.06

TOTAL PASSIVE INCOME (NOT COUNTING RETIREMENT) $197.35

TOTAL PASSIVE COUNTING RETIREMENT DIVIDENDS $298.56

Some notable improvements, last month I had ZERO Digital Products and Amazon Affiliate income. So even though they are small amounts, it is a positive movement. Patreon, like last month, continues to be the outperforming. My swing trades for the month include ROKU and FACEBOOK, both over an 8% return.


My DIVIDEND BREAKDOWN:

Putnam Municipal Income CEF (PMM) $.26

Marten Transport $0.20

Genpact $1.46

HOFT $10.40

In my Traditional IRA:

IEF $.61

SWK $11.04

Kforce $2.20

Cash $0.01


MY PORTFOLIO

The MAIN thing I’m doing is contributing more and more into ITOT (A total market ETF). I am also selling small portions of VALUE/DIVIDEND stocks like Westrock, Medical Properties Trust, and American Eagle Outfitters.

I want to increase my positions in growth stocks like Chewy, Fortinet, Akamai, and Marten Transportation.

I’m also buying small portions of the gold ETF, IAU. I think Gold still has a little bit more to run before another pullback.

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