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

Category: Swing Trading Page 1 of 2

Cryptocurrency is SOARING

I don’t talk much about Cryptocurrency here on this “channel,” but I’m an avid investor in Ethereum, Stellar Lumens, and Cardano. Personally, I’m more interested in the Defi aspect of things.

These past two weeks has show some INCREDIBLE gains in the crypto markets. Some alt coins are going up over 40% over the last month.


ETHEREUM

First, let’s take a look at Ethereum. Ethereum just so happens to be my largest allocation in the cryptocurrency market. It’s up a whopping 36% in this past month. It is up 256% in the last year. My purchase prices are from $245-350. To think I had some I had bought around $100 and sold…..ouch! There are some things happening in the ETH space with staking and it will be interesting to see if they meet their targets here.


BITCOIN

Next, let us look at Bitcoin. Up over 43% in one month. Up 152% in the last year. Bitcoin eyes taking out a new ALL TIME HIGH. Unfortunately, I no longer own any Bitcoin. To think I bought it around $6500-7000 and sold for a nice gain….if I had only held :). I must say, I’m no longer a huge fan of BTC, despite the recent surge of institutional buying and companies like Paypal/Square adding it to their books.


CARDANO

One of my favorite cryptocurrency plays is Cardano (ADA). It is up over 27% in the past week. ADA is up 257% in one year. I think Cardano is going to be a slow but steady mover. I’m dying to see some price appreciation as my purchase prices have been .10-.14. It is the laggard of my cryptocurrency portfolio but the one that I remain the most bullish on.


STELLAR LUMENS

Lastly, we have Stellar Lumens, up almost 26% in a week. Stellar is my smallest position, but man it made a HUGE move this week. It’s desperately needing some capital appreciation. Up 72% over the last year but seriously off from it’s all time high. My entry points are .10-.11, so I’m in the red with Lumens. However, the more I research Lumens the more bullish I become, despite it going nowhere for some time.

Overall I will just say I think 2021 is going to be a great year for cryptocurrency. I’m anxious to see the developments with Ethereum and Cardano the most. I think Bitcoin price will continue to be driven up by instutional investing for some time; however, I fear it could simply crash again. My main worry is that will take down my “alt coins.”

My timeline with Crypto investing is years. Only recently have I logged back into my accounts. I will literally go months without looking at them and then when the action heats up, I’ll watch them again.

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.

passive income report

Passive Income | Mid-June

For passive income, my Mid-June is looking good so far.

Here is last months report if you want to compare:

I’m already making DIGITAL PRODUCT sales and it is only the second week. In addition, I’m improving my sales via Amazon affiliates.

Let’s get to the numbers on my Passive Income Journey here:

Patreon so far has paid me $65/month. It is one of my biggest winners. This is $2 less than last month, but that is okay, people come, and people go on PATREON. I’ve had one new member sign up already.

Google Adsense– $1.50. This is NOT looking good, as I was making $10 at one time. Google Adsense HAS been making some changes, such as no longer allowing you to customize fill rates for ads. I also know the company is reporting losses in advertising revenue. I’m sure this has SOME to do with these decreasing numbers; I am hoping it turns around soon!

Skillshare– $29.66. This is one of my biggest winners this month. Lots of views and new students on my course. The ironic part is I have not updated this course in NINE MONTHS. Maybe I need to get to work on uploading new content on SKILLSHARE, so I can make even more money.

Digital Products-$13 I went from ZERO last month to this so far. We are looking alright. I think my youtube videos are helping my music sales.

Amazon Affiliate-$2.82. Amazon has been a loser for me but I think I CAN improve. Once again, last month I made ZERO dollars from Amazon Affiliate, this month I’ve made three sales. This is the commission I’ve made. I need to sell higher ticket items, ha.

Dividends-$18.68. I’ve barely had any dividends come in so far, so I expect this number to climb. So far it’s just Bond Funds, Stanley Black & Decker, and Putnam Municipal Closed End Fund.


My mid-June total is $130.66

One of my short-term goals is to get this number above $200/month. I SERIOUSLY believe I can do this within the next few months. I am working hard, building my youtube followers, which in returns results in more conversions of digital products.

I also began contributing new money to my accounts again, so, I expect those dividends to start climbing once again. Yee haw!

Page 1 of 2

Powered by WordPress & Theme by Anders Norén