Sorry for the delay in posting! My finger is mostly better, so my typing is basically back, which is good news. I've been diligently studying for the PMP (project management professional) exam with all of my free time, and so that is why I really haven't written. I imagine I'll pick back up the frequency in a month or so.
General Thoughts on This Month: January started off nicely, with no issues and no surprises. Though I feel very thankful for the system I've created, I still feel "cash poor", with everything either being reinvested or used for paying down debt. Eventually that should change! Though it is taking much longer than I thought, or like.
Another reason for the delay in posts is that I changed my system for how I track and report my numbers, now using pivot tables in excel, making things much easier to track and analyze, but the shift to make this happen took a lot of work.
Anyway, this month I received $1,012 in passive income! This is the first January ever to be in 4 digits! Here are the details from this month below:
Dividends and Rental Income Received
In summary, with dividends and rental cash flow combined, Total Passive Income Received: $1,012.
I always do my best to add to our Roth IRAs in January and this January was no different. I basically just bought around $500 or so of mutual funds on every major down day during the correction, investing around $2k total. My advice - STAY THE COURSE!
Thoughts on This Month
Thoughts on This Month
This was a great month for Passive Income, and I am thankful for this month's performance. Compared to last year's January total in 2017 of $377, my YoY growth for this month was 168%. Not a bad way at all to start the year! I'll note that last January I only had 2 active rental properties...now I have 4, which accounts for the major increase in YoY growth. This should continue through June, at which point actual, new growth will be more accurately measured.
With the addition of this month's income to my Progress Tab I now have earned $1,012 in total this year in passive income. Little behind my desired pace, but I expect big months on the 3-6-9-12 cycle to hopefully make up for it.
Thanks for reading as always. I greatly appreciate your comments and will do my best to always respond.