tag:blogger.com,1999:blog-1332513014423909278.post6033020009398582495..comments2024-01-15T23:02:42.071-08:00Comments on Passive Income Dude (YR 3): Passive Income Report: February 2017 (TERRIBLE!)Passive Income Dudehttp://www.blogger.com/profile/13698511310449851311noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1332513014423909278.post-55504968386140494232017-03-09T05:51:58.056-08:002017-03-09T05:51:58.056-08:00Thanks Stacker. Yea March will ideally be better b...Thanks Stacker. Yea March will ideally be better but it is hard to tell with Rental Properties. I know what my income SHOULD be, but then things always come up :)Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-56798452475415657502017-03-08T19:06:18.071-08:002017-03-08T19:06:18.071-08:00Hey Dude, thanks for stopping by over my way, it s...Hey Dude, thanks for stopping by over my way, it seems we definitely feel each other's pain! It's alright though, so far I never expect much from the 2nd month of the quarter anyway! March should be more fun.Anonymoushttps://www.blogger.com/profile/01067686057878135667noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-26129455208180778802017-03-07T14:53:36.500-08:002017-03-07T14:53:36.500-08:00Thanks Daze. I tell you, I'm tired of things g...Thanks Daze. I tell you, I'm tired of things going slowly! :) They've been moving slowly for the last year and a half! haha. Thanks for the confidence and here's to a big MARCH!Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-86230979422955703322017-03-07T06:49:55.768-08:002017-03-07T06:49:55.768-08:00We all have bad or slow months. Mine was the same ...We all have bad or slow months. Mine was the same but it will pick up next month. Nice to see you being able to add so much new capital though. I am a fan of the vanguard funds. The ones I hold have been performing pretty well. Debt payment is a long process too but is an investment in itself just for paying it off. Keep it up. I look forward to seeing gains next month.Dividend Dazehttps://www.blogger.com/profile/11737423217369080761noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-33508969382896521422017-03-07T06:15:06.462-08:002017-03-07T06:15:06.462-08:00Thanks Dividendsandhobbies! I think March should ...Thanks Dividendsandhobbies! I think March should be a decent amount higher, but I also realize that I am off to an EXTREMELY slow start for 2017. lolPassive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-86167167081417467722017-03-07T06:13:22.031-08:002017-03-07T06:13:22.031-08:00Hey Dividend Life, thanks for the encouragement. ...Hey Dividend Life, thanks for the encouragement. I think March should be much better, but you never know! :) <br /><br />As to your allocation question, I think the two good rules of thumb are 110-age or 100-age if you are less aggressive. And to be clear that is "110 minus your age" to determine what your stock allocation should be, with the rest in bonds. So for me 110-31=79, so I should have 79% in stocks, 21% in bonds. Currently, I tend to be at a 90/10 split and think that is as high as I can go with bonds, until things change. Bonds are definitely going to struggle for awhile, but having no bonds is also not smart. ALL investment theory on asset allocation proves that you can improve your sharpe ratio with at least some bonds. However, it also depends on your particular, unique, situation. For example, if you know you will have bond-like income such as a pension, then you can allocate less towards bonds...what I am currently doing. I love asset allocation (and could talk about it for awhile!) but I hope that helps.Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-18414067806089709622017-03-06T17:29:59.616-08:002017-03-06T17:29:59.616-08:00While the income in this month is down I imagine f...While the income in this month is down I imagine for March it will be much higher due to your selling and buying so if these to months it will either be a wash or a win. <br />Dividendsandhobbieshttps://www.blogger.com/profile/14270830722779368680noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-84615574088317168442017-03-06T16:50:13.467-08:002017-03-06T16:50:13.467-08:00Hi PID,
Congrats on the new purchases to build up ...Hi PID,<br />Congrats on the new purchases to build up future income. And even if the rentals broke even, they're still paying off debt as you mention. Definitely a good use of your tax refund - I hope I'll get something back too so will find out later this month.<br /><br />I personally like the convenience of mutual funds and think that they're "good enough" in terms of investment performance than what I would end up with from individual stocks. I am curious though if you have any particular target allocation between stocks & bonds in mind or how you decide where to add new money.<br /><br />Best wishes and keep up the great work!<br />-DLDividend Lifehttps://www.blogger.com/profile/03670495892963662287noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-32601046702663919292017-03-06T15:14:59.117-08:002017-03-06T15:14:59.117-08:00Thanks Keith; you're an encouragement! I think...Thanks Keith; you're an encouragement! I think APU and MMP are both great dividend companies and will continue to hold my smaller positions. My problem is that all of my excess $$ the last few years has gone to Real Estate and debt. The only bits that are left go to our ROTHs and I think mutual funds are the way to go with that. If I can hit $13k this year, I'll be happy. Thanks for stopping by!!Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-11485203802056070942017-03-06T13:20:37.788-08:002017-03-06T13:20:37.788-08:00While that was a very steep decline year over year...While that was a very steep decline year over year you still managed to bring in a respectable amount well over $100 passively from dividends and rent. Nothing wrong with that. I mentioned last time that I once held APU a while back and sold that off and I also considered MMP too but have never pulled the trigger. It's a nice current yield though I think you don't want to become too reliant on a handful of stocks for the majority of your passive income. Probably smart for you to sell some off. Thanks for sharing your results.DivHuthttps://www.blogger.com/profile/02437642929198374070noreply@blogger.com