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My Total Passive Income for the year was $3300. $1315.63 of that came from dividends; therefore, dividends represent 40% of my PASSIVE INCOME.
I saw a 37% increase in my dividends in my brokerage account. My retirement accounts only saw a 7% increase. However, that is to be expected as I am maxed out on how much I can add to my retirement accounts (no 401K for me!).
I made $683.01 from stock trades this year. Only $214.56 were short-term capital gains. I am not much of a trader, I might do a swing trade once every two months or so. I’m more of a long-term investor.
After running the numbers, it appears I increased my TOTAL NET STOCK/EQUITY worth 32.56% this year. This means that I now have that much more in the markets than I did at the end of last year. Some of this is due to Capital appreciation, some is due to contributions. I will give an EXACT PERFORMANCE number here in a week or so, after I get the data from my broker.
1)Reduce the number of positions in my brokerage account to 15
2)Add another 10K into investments
3)Get my Patreon Passive Income up to $200
4)Increase my monthly Youtube income to $75
5)Create some sort of Ripe for Investing product. I have NO IDEA what this will be yet
6)Increase my investment in Silver Age Graded Comic Books. I want to add more hard asset, collectibles to my portfolio. Some unopened Pokemon boxes will be added as well
7)I believe we may be facing a sideways market in the next year or two, so I think I’m gonna invest a bit more into dividend stocks. For the last 7 months I’ve been heavy in NON-DIVIDEND stocks, so I want to change course a big.
Some final words:
December is looking fantastic; so far, it looks like I will pass the FIVE HUNDRED DOLLAR mark. I can’t believe it, just a few months ago, my goal was to pass $300. I’ll be bringing you that report on the second week of January, so stay tuned.
Digital Products $39.99
Amazon Affiliate $2.25
Retirement Dividends $21.34
Credit Card Rewards $13
Bank Interests $13.32
TOTAL PASSIVE INCOME FOR THE MONTH OF NOVEMBER: $373.44
So far, this is the highest passive income I’ve had up to this point. My Patreon is still growing (up 14% since last month!). I also did pretty well with my Digital Products (Sheet Music and TABS).
Dividends were over $50 so not bad, but I do look forward to getting back to over $100 in dividends.
Here is my October Passive Income Report:
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.
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
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.