Print Page - Passive Income - Race to 10k per year

Some of my favorite threads in this forum are the "networth race to" ones. So I decided to start one for anybody else interested in tracking passive income. I'm basically just tracking my dividend income, using my rolling 12 month total. I'll kick things off starting with my July rolling total.

Passive Income
Rolling 12 month total

July 2017. $472.21 $1815
July 2018 $605.44 $2848

I've increased my passive Income by over $1000 in the last year. I am aiming to complete this race in 3 years by July 2021, with a stretch goal of Dec 2020.

Fun challenge. I'm in!

12 month Passive income rolling total

July 2017 to 2018 = $1,852.44

Goal is to reach $10K by July 2023 stretch goal is July 2022

Welcome aboard @haypug16!!!

Do you have a strategy for increasing passive income? Or are you letting new investments build it over time?

The majority of my passive income is paid out quarterly, so that is where I expect my main increases to occur. My passive income streams are ESPP shares, registered investments (etfs enrolled in drip plans), "not so" HISA, and peer to peer lending.

I expect the main increases in my passive income to occur through new investments, increase in ESP div payout, enrolling in drip plans for all my investments, and eventually finding a better interest HISA.

Ooh... this should be fun. Right now I'm at about $1500/year, so I've got a ways to go!

[redacted]

Welcome @Mezzie and @RWD. Great to have people at different stages of the race.

Quote from: Milkm4n on August 18, 2018, 06:37:15 AM

Welcome aboard @haypug16!!!

Do you have a strategy for increasing passive income? Or are you letting new investments build it over time?

Yes my plan is basically to have my new investments generate more and more passive income. Each month I've been setting aside more and more money to go into my 401K and then when I get to max out level (end of this year or Jan 2019) I'll be going to a Roth IRA, and then finding other investment options.

August update

Rolling 12 months

July 2017 - 1815
July 2018 - 2848
Aug 2018 - 2877 ($29 increase)

Small increase in passive income as expected. No major actions taken to increase passive income this month. Now that I am back to work,hoping to start making greater contributions which should help with a bigger increase when quarterly dividends roll in.

12 month rolling total
July 2017 to 2018 = $1,852.44
August 2017 to 2018 = $2,332.03 +479.59 increase

I was a little surprised to see such a jump from July to August but I'll take it. I have been actively increasing my contributions every month for the past year so it does make sense that it would have gone up I just wasn't expecting close to $500 more. :) Curious to see what next month looks like

Quote from: haypug16 on September 04, 2018, 09:12:28 AM

12 month rolling total
July 2017 to 2018 = $1,852.44
August 2017 to 2018 = $2,332.03 +479.59 increase

I was a little surprised to see such a jump from July to August but I'll take it. I have been actively increasing my contributions every month for the past year so it does make sense that it would have gone up I just wasn't expecting close to $500 more. :) Curious to see what next month looks like

Very nice increase, great job 👍

Maybe I'm stupid but how can I tell my dividends in 401k if I'm nearly 100% in Target fund type investments?

Also, why wouldn't we consider market gains on investments any less passive vs dividends?

I'm not here to rain on anyone's parade. But don't you think 10k/year in passive income really low? You can buy a few very affordable houses out of state, rent or owner finance them, and easily meet that goal - if not surpass it. My goal is to have 10k/month in passive income through real estate.

Quote from: HouseFIRE.us on September 08, 2018, 02:01:29 PM

I'm not here to rain on anyone's parade. But don't you think 10k/year in passive income really low? You can buy a few very affordable houses out of state, rent or owner finance them, and easily meet that goal - if not surpass it. My goal is to have 10k/month in passive income through real estate.

I would argue that real estate is not fully passive income, even with a manager... unless you are just a silent partner that gives money to another partner who chooses the properties.

Quote

author - Itsalongstory
Also, why wouldn't we consider market gains on investments any less passive vs dividends?

Income from dividends/ interest appears automatically in your account.. many retirees try to create this for the bulk of their retirement income, only withdrawing capital gains as needed. So it is a pretty good stand alone target to practice on. Dividend income is also helpful for some tax situations but --I have found that trying to generate dividend income through investments is a bit more challenging, than just broad market ETFs. You should be able to get similar overall returns, but it is quite different when trying to build a portfolio that generates dividends.

Huh, I have not been focused on dividends except for my non-reg account that I started about 1 year ago... so this is the first time I calculated it... neat suggestion.

Quote from: HouseFIRE.us on September 08, 2018, 02:01:29 PM

I'm not here to rain on anyone's parade. But don't you think 10k/year in passive income really low? You can buy a few very affordable houses out of state, rent or owner finance them, and easily meet that goal - if not surpass it. My goal is to have 10k/month in passive income through real estate.

We have a race to positive net worth, no the bar is not low. It's likely just the first goal before a new goal.

Quote from: HouseFIRE.us on September 08, 2018, 02:01:29 PM

I'm not here to rain on anyone's parade. But don't you think 10k/year in passive income really low? You can buy a few very affordable houses out of state, rent or owner finance them, and easily meet that goal - if not surpass it. My goal is to have 10k/month in passive income through real estate.

I guess it all depends on where you are on your path to FI. For myself, and many other members of this forum, this goal is still a few years out. When I reach about 40k passive income I have reached financial independence. Hence, this is just a goal to hit along the FI journey.

Quote from: HouseFIRE.us on September 08, 2018, 02:01:29 PM

I'm not here to rain on anyone's parade. But don't you think 10k/year in passive income really low? You can buy a few very affordable houses out of state, rent or owner finance them, and easily meet that goal - if not surpass it. My goal is to have 10k/month in passive income through real estate.

If you don't have $10K/year in passive income then no it's not low. This is a goal for people to reach for not the end game. My end game would be closer to $25K but someone started a $10K race so here we are. Also, I'm not about to just go out and buy a few houses!

Anyone using MINT want to share how you would figure this out? I'm not seeing an easy way to capture it.

I don't use MINT but I just went to my 401K plan and ran a report for the past 12 months and it broke it down really nicely between contributions, dividends, and market change. I guess if you have a lot of different places for your investments it would be more difficult. Hope that helps :/

Quote from: haypug16 on September 10, 2018, 11:51:41 AM

I don't use MINT but I just went to my 401K plan and ran a report for the past 12 months and it broke it down really nicely between contributions, dividends, and market change. I guess if you have a lot of different places for your investments it would be more difficult. Hope that helps :/

You nailed it, I have a lot of different accounts. :P I'll check out Fidelity and see what I can find there for the majority of it. THANKS!

Quote from: haypug16 on September 10, 2018, 11:51:41 AM

I don't use MINT but I just went to my 401K plan and ran a report for the past 12 months and it broke it down really nicely between contributions, dividends, and market change. I guess if you have a lot of different places for your investments it would be more difficult. Hope that helps :/

I am using a target fund so I don't know that the dividends show up individually.

I'd like to join.
Currently at $939 rolling 12 months :-) so long way to go. Also, I don't see a lot of additional money for investing in shares at the moment, it will rather be moving from shares to other shares (with higher dividend ratio as this is part of my plan).
But I will be on the lookout ofr 'new money' for this as well.

Fun challenge nonetheless - appreciated!

What the heck I'll join. Though I am a little ahead of everyone, as I already track dividends at years end. So I'll just post the ending year + current months roll up.

2017-12-29 Dividends: 837.01 Other: 28.76 Total: 865.77
2018-09-12 Dividends: 878.36 Other: 4256.93* Total: 5135.29 (*1 time big check add that played catch up but source will be a continued source of income)

And now I am impressed, had a few other sources of passive income start to trickle in this year that I am only casually tracking, even if I were to exclude that 1 time check, I'd still be 4k extra so far this year. Neat.

As for tracking in Mint, it may or may not be possible to track dividends depending on the account(some of my accounts don't have anything other then totals), I see my dividends under "investment" and "Dividends and Cap". Just go to transactions for the account and it should be there. That being said, my transactions for investments are a mess so unless you've kept up, good luck.

@stimepy Yes, transactions were the only way I could get it to work in MINT. I had tried to do a tag so I could use the trends feature, but it would only work for income and not on my tax deferred accounts and that's where majority of my money is.

I decided it was something I wanted to calculate so I went through the effort to do it. Here are my numbers for 2017 and to date for 2018.

2017 $6193.02
2018 $5751.04

For those of you counting dividends in investment accounts do you count 401k and Roth dividends or just taxable accounts?

Quote from: Goldy on September 13, 2018, 05:25:28 AM

For those of you counting dividends in investment accounts do you count 401k and Roth dividends or just taxable accounts?

All accounts.

Merrill Edge has a screen just for dividends.

Does Betterment have a area that shows dividends?

Do you know if there are specific ETFs that invest in just dividend paying assets?

Quote from: Scommm on September 13, 2018, 07:28:14 AM

Do you know if there are specific ETFs that invest in just dividend paying assets?

VIG (Vangaurd Dividend Appreciation)
SCHD (Schwab U.S. Dividend Equity)

I know there are hundreds of others out there but those are the two I have that focus on Dividends. Just make sure to do some due diligence as some of them (DNI for example) aren't worth your time.

Pre-Tax Post-Tax Total
Sep '17-'18 $122.36 $191.70 $314.06

I hope I'm not forgetting anything. It seems low, but that's without gains. That total seems pitiful..however I'm in the home stretch of paying off most debts and so my investments overall will start to have much larger monthly contributions. I anticipate these numbers rising on a much steeper slope once that ball gets rolling.

Quote from: RWD on August 18, 2018, 09:52:22 AM

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This is rad and made me look at our finances in a completely different way. Still waiting on some numbers to be able to document it, but following along.

Thanks for starting this thread and reminding us all that $10K passive income a year increased over time to $40K is the same as having 1 Mil in investments at a payout of 4% - right?:)
In the end - all roads lead to Rome:)

Not going to join since I'm only at a pitiful few hundred a year with no hope of reaching $10K, but it has served to remind me that it couldn't hurt to work on improving and working on a couple of neglected projects that could produce passive income - again.
Off to see if Mr. R. is anywhere near $10K - cool thread - it does open your mind, to see new possibilities:)

My passive income for 2018 so far has been $4041.83 so far this year, which isn't bad at all for this stage in my journey. It'll probably be a couple of years before I will reach $10000. Maybe a little less.

September update

Rolling 12 months

July 2017 - 1815
July 2018 - 2848
Aug 2018 - 2877
Sep 2018 - 2846

Moved backward this month as my quarterly dividends shifted from September to October. In saying that, I expect a decent increase in October.

12 month rolling total
July 2017 to 2018 = $1,852.44
August 2017 to 2018 = $2,332.03
September 2017 to 2018 = $1,909.53 - 422.50 Decrease

Looks like the Aug-Aug big increase was washed out in the Sept to Sept numbers. Still higher than Jul to Jul.

The great thing with this race is that despite the recent market turmoil, we should still see fairly steady progress. That is, as long as there is no dividend cuts, which I assume would take a much larger correction.

Quote from: stimepy on September 12, 2018, 11:08:34 AM

2017-12-29 Dividends: 837.01 Other: 28.76 Total: 865.77
2018-09-12 Dividends: 878.36 Other: 4256.93* Total: 5135.29 (*1 time big check add that played catch up ~1k )
2018-10-31 Dividends: 1377.42 Other 18477.32* Total: 19854.74 = Change of 14719.45 (*1 time big check add that played catch up ~1k)

Roll up is by month

Well, hmmm.... So got a rather large check from a source that is in on going. Not sure if it was a 1 time thing or not. But even so, kinda crazy to see that much passive income when only last year I was expecting to break the thousand dollar barrier this year.... Granted I expect to break that barrier by quite a bit, but not this much!
So I guess I am technically graduated? At least for now.

Good luck all!

October update

Rolling 12 months

July 2017 - 1815
July 2018 - 2848
Aug 2018 - 2877
Sep 2018 - 2846
Oct 2018 - 2955 ($109 increase)

Happy with the increase this month. Still slow progress, but trending in the right direction. The next two months should be fairly flat, win the next good jump happening in December, when quarterly divs pay out. Added 10k to the market this month so optimistic for year end :).

Quote from: LinneaH on September 12, 2018, 07:35:58 AM

I'd like to join.
Currently at $939 rolling 12 months :-) so long way to go. Also, I don't see a lot of additional money for investing in shares at the moment, it will rather be moving from shares to other shares (with higher dividend ratio as this is part of my plan).
But I will be on the lookout ofr 'new money' for this as well.

Fun challenge nonetheless - appreciated!

A fun update; including what I recive in 4 days; I just went over $1 000 in rolling 12 months. I receive dividends almost only in SEK, but recalculate to $ with a (made up by me) fixed rate to be able to compare.

NOVEMBER UPDATE

Rolling 12 months

08/01/17 1815
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972 ($17 increase)

The progress has been slow, but the overall upward trend continues. I expect better increases in December and January as quarterly, semi annual, and annual divs roll in. Also, I have added lots of new money in the market the past 2 months, which should help as well.

Lately, I have been adjusting my portfolio so that the majority of my dividends get applied to drips. I am hoping that compounding begins to create tailwinds, as more shares are automatically bought each quarter.

Pre-Tax Post-Tax Total
Sep '17-'18 $122.36 $191.70 $314.06
Jan '18 - now $145.72 $179.13 $ 324.85

I lost where I saved my original chart so I'm just starting from January instead of November 2017. Despite leaving out Nov & Dec of 2017, I still have an increase from a few months ago..woohoo!

Love this idea. Also gives something positive to focus on in a volatile sideways market that is likely in the late innings of a bull:

Taxable accounts
2009: 153.65
2010: 160.93
2011: 179.86
2012: 265.17
2013: 223.39
2014: 330.97
2015: 602.24
2016: 810.86
2017: 1047.46
2018 (YTD): 1557.54

i like your screen name hah, besides that i want to start investing in a taxable account using index funds from betterment or vanguard vtsmx. when does interest get added to the principle balance in the account? besides the earnings of dividends and such i can't figure out for the life of me how it compounds. if its added daily, monthly, yearly..

Quote from: RWD on September 28, 2018, 04:49:37 PM

Quote from: RWD on August 18, 2018, 09:52:22 AM
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Good challenge, but it will be a very long term goal for us. The only income we have that I count as truely passive is bank account interest, sales of stockphotos, and dividends from single stocks.

Total for 2018: $525.5

DECEMBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972 ($17 increase)
01/01/19 3476 ($504 increase)

December saw a nice increase in my passive income (PI). The majority of this is from a fund that pays out an annual dividend every December. In 2018, my PI increased by slightly more then $1000. That's an extra $1000 my investments are gonna pay me every year for the rest of my life 😁.
Looking forward, in 2019 my goal is to increase my PI by $1500, for a yearly total of 5k. My main focus lately has been to not sit on too much cash and get my money in the market working as soon as possible. My quarterly dividends all ended up with a payout in January so hopefully I will see another nice increase this month.

Quote from: RWD on January 05, 2019, 10:32:15 AM

Quote from: RWD on September 28, 2018, 04:49:37 PM
Quote from: RWD on August 18, 2018, 09:52:22 AM
We're at ~$8,700 now.
$9,400 now
And 2018 comes in at $10,681!

Congrats RWD, our first grad 🎓. If there is no other threads above this one then feel free to update us in the future.

Quote from: gaja on January 05, 2019, 02:24:12 PM

Good challenge, but it will be a very long term goal for us. The only income we have that I count as truely passive is bank account interest, sales of stockphotos, and dividends from single stocks.

Total for 2018: $525.5

Welcome gala,

Looks like you are at a great starting point to complete this race. As dividends start to re-invest, compounding will slowly start to help you along.

I’m in!!! $1737 in 2018. Would love to get to $10,000 in passive income one day :) I need about $48,000 per year to be FI. My current sources of passive income are my vanguard dividends and bank account interest.

Updated...

Quote from: Raymond Reddington on December 09, 2018, 12:26:18 AM

Love this idea. Also gives something positive to focus on in a volatile sideways market that is likely in the late innings of a bull:

Taxable accounts
2009: 153.65
2010: 160.93
2011: 179.86
2012: 265.17
2013: 223.39
2014: 330.97
2015: 602.24
2016: 810.86
2017: 1047.46
2018: 1868.50

We just broke the 20k ($21,723) level for 2018 passive income! Most of this is in standard vanguard funds but my company stock is now paying out about 6% dividend so that was a big boost.

Quote from: Cezilous on December 05, 2018, 09:32:16 AM

Pre-Tax Post-Tax Total
Sep '17-'18 $122.36 $191.70 $314.06
Jan '18 - now $145.72 $179.13 $324.85

I lost where I saved my original chart so I'm just starting from January instead of November 2017. Despite leaving out Nov & Dec of 2017, I still have an increase from a few months ago..woohoo!

All right, starting afresh with an entire year under observation now, I ended 2018 as such:

Pre-Tax Post-Tax Total
2018 $212.39 $218.29 $430.68

It's pretty close between the two, apparently.

JANUARY UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476 ($504 increase)
02/01/19. 3699 ($223 increase)

Very happy with this increase. My emphasis on getting money invested, instead of waiting for the perfect buying opportunity, seems to be working. I expect February to be a low month. However, I have found a better savings account which should help with the lull months between quarterly dividends.
My other source of monthly PI, peer to peer lending (lending loop in Canada) is starting to have an unusual amount of late payments. Luckily, I only have $500 invested there, so will probably avoid further investments going forward.

Quote from: Milkm4n on February 01, 2019, 05:20:12 PM

JANUARY UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476 ($504 increase)
02/01/19. 3699 ($223 increase)

FEBRUARY UPDATE

03/01/19 3730 ($31 increase)

Couldn’t get logged into my old account, so opened this one. Small increase, as expected this month.

Today is 3 March 2019

Hi There

What an interesting thread! I am joining here on behalf of my daughter...

(my own passive income is $120K a year... )

My daughter is 19 and her passive income (annual) is at the moment $1198 ...

She earns 14K a year as a part time tutor while still in university ...throwing excess cash to shares , LICs regularly...

Here's hoping she will take over this thread by herself one day...:))

Great idea! This will take a looooong time for me. But will be fun to track!

2018 Passive Income was about $500.

Hard to know exactly b/c like others have noted, I haven't yet found where it's stated for the target date index fund in my 401(k). Others were easy to find.
Defining passive income basically as just stock dividends.

So my work changed 401K providers back in October and the new provider doesn't really make it easy to figure out my gains. I started tracking this myself manually. So I'll be updating by the month instead of a rolling total.

2019 Total
$4,015.15 as of 3/15/19

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39 ($1,548.82 gains for April)

@Mainlander , what are you including as passive income?

Dividends only? Or 4% of your stock/bond stash?

NOI on rental property?

Quote from: SwordGuy on May 07, 2019, 10:05:21 PM

@Mainlander , what are you including as passive income?

Dividends only? Or 4% of your stock/bond stash?

NOI on rental property?

Dividends, interest earned from savings, and interest from peer to peer lending. Don’t think it works out to 4% of my stache, probably somewhere between 2% and 3%.

Quote from: Ozlady on March 02, 2019, 02:35:58 PM

Today is 3 March 2019

Hi There

What an interesting thread! I am joining here on behalf of my daughter...

(my own passive income is $120K a year... )

My daughter is 19 and her passive income (annual) is at the moment $1198 ...

She earns 14K a year as a part time tutor while still in university ...throwing excess cash to shares , LICs regularly...

Here's hoping she will take over this thread by herself one day...:))

Today is 25 May 2019

Update :

Passive Income as at 3 March 2019 $1198
as at 25 May 2019 1369 ($171 or 14% increase yay!)

Target : $1500 by 30 Sep 2019..easy peasy!

Onwards and forwards ...

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69 (big decrease this month)

Ohhhh this is fun!

I'll join in and give an update quarterly in what I like to call "personal fiscal years" (my birthday is at the end of May, so using the start of June as the start of a new fiscal year is very conveniently similar to my actual-years-on-earth).

Passive income is from dividends and interest in multiple accounts.

PFY 2019: $1292.88

Plenty of room for growth. ;)

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086

Been a busy few months. Not quite on track for 5k by year end, but progress nonetheless.

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69
as of 6/30/19 - $6,012.28

Market did pretty well this month :)

[redacted]

Quote from: diapasoun on June 03, 2019, 12:29:50 PM

PFY 2019: $1292.88
June 2019: $116.92

Today is 7 July 2019

Update on my daughter (20 years old)'s :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769

Next target : 2000 by end of Dec 2019...this would involve throwing in $5000 into her Vanguard High Growth Fund...at the rate of about $1000 per month...easy peasy!

Quote from: RWD on July 05, 2019, 12:10:06 PM

Graphing fun (quarterly dividends)

I can definitely see the effects of compounding on your passive income, nice work 👍

$10,000 in passive income is a major financial stability milestone!

It's enough to keep a roof over your head during a lengthy job loss.

It's enough to replace a car.

It's enough to replace a roof or an HVAC unit or some other major home repair expense.

It's enough to cover a serious (though not catastrophic) medical bill.

It's enough to provide food.

Congrats to all of you working so diligently at it!

Every $1000 of passive income you reach is that much closer to financial freedom, too!

2019 YTD $1760 taxable
2019 YTD $2606 non-taxable

Quote from: Ozlady on July 07, 2019, 01:28:34 AM

Today is 7 July 2019

Update on my daughter (20 years old)'s :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769

Next target : 2000 by end of Dec 2019...this would involve throwing in $5000 into her Vanguard High Growth Fund...at the rate of about $1000 per month...easy peasy!

Today is 19 July 2019

Broken the 2K mark due to transfering savings to investments:)

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061

Next target : $2350 which at an average return of 5% would involve throwing in $5780 ..at $1000 per mth, this should take up to Jan 2020 to accomplish.

Long term target : 5K by the time she graduates at age 24...

Onwards and forwards!

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69
as of 6/30/19 - $6,012.28
as of 7/31/19 - $6,122.05 +$109.77 increase

Just a small increase in gains this month but overall for the year not too bad. 61% of the way there.

Too hard to figure out. Fidelity only allows 90 days of viewing in a shot. And for some reason, it only shows one fund at a time. This is too much work....therefore not passive.

So as passive income....I'll say unknown.
If I were to figure it out, it....by definition....becomes non-passive.

Catch 22.
Or maybe Adam 12 or Car 54.

Passive income defined as interest income and dividends.

PFY 2019: $1292.88
June--July 2019: $216.85

JULY UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)

With the new house purchase, there was not much cash deployed to new investments. Expect growth to be low for the next few months. Hopefully, we will sell our old house soon, and refocus on our investment accounts.

Quote from: Ozlady on July 19, 2019, 12:54:48 AM

Quote from: Ozlady on July 07, 2019, 01:28:34 AM
Today is 7 July 2019

Update on my daughter (20 years old)'s :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769

Next target : 2000 by end of Dec 2019...this would involve throwing in $5000 into her Vanguard High Growth Fund...at the rate of about $1000 per month...easy peasy!

Today is 19 July 2019

Broken the 2K mark due to transfering savings to investments:)

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061

Next target : $2350 which at an average return of 5% would involve throwing in $5780 ..at $1000 per mth, this should take up to Jan 2020 to accomplish.

Long term target : 5K by the time she graduates at age 24...

Onwards and forwards!

Today is 10 August 2018

Due to stockmarket turmoil, DD threw a bit more cash to purchasing shares/ETFs..

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197

Next target is still $2350 which based on average 5% return would involve throwing cash to buy shares/ETF/Vanguard Growth Managed Fund to the tune of $3060...

at the average rate of $1000/mth , this should arrive by Nov 2019..2 months earlier than planned..

Long term target : 5K by time she graduates (age 24).

Onwards and forwards!

Footnote: Younger brother (18 yrs old) is hot on her heels: passive income : $1423 rolling annual atm:)

In.

Will be counting only the two sources of passive income that I am actively trying to grow.

11 Aug 2019 :$388

AUGUST UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)

Small increase as expected. As of right now my new goal for year end is $4500.

HI Mainlander

Amazing your passive income has more than doubled from when you first started 2 years ago:)

If you continue to double at this rate, the results would be amazing in the next few years! (curious to know your age too!)

Care to share how? Is it continually throwing in money into the stockmarket? Do you have a regular set amt?

Would love to hear:)..for my daughter's learning..tks!

PS: i look forward to tagging you ..as a motivating factor:)

Quote from: Ozlady on August 09, 2019, 11:07:28 PM

Today is 10 August 2018

Due to stockmarket turmoil, DD threw a bit more cash to purchasing shares/ETFs..

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197

Next target is still $2350 which based on average 5% return would involve throwing cash to buy shares/ETF/Vanguard Growth Managed Fund to the tune of $3060...

at the average rate of $1000/mth , this should arrive by Nov 2019..2 months earlier than planned..

Long term target : 5K by time she graduates (age 24).

Onwards and forwards!

Footnote: Younger brother (18 yrs old) is hot on her heels: passive income : $1423 rolling annual atm:)

Today is 3 Sep 2019

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492 (13% increase in a Month:)

DD has reached her half way mark to her goal of 5K passive income when she graduates..in 4 years time...

Next short term goal is 2700 which involves throwing in about 3500 into either VAS/LICs at average rate of 5.5% return.

I don't understand, if this is mostly dividends, shouldn't the numbers folks are reporting on this thread not be consistently increasing monthly? Shouldn't there be big jumps every March, June, September and especially December, then much smaller amounts for the other months?

Quote from: Ozlady on September 02, 2019, 04:04:43 PM

HI Mainlander

Amazing your passive income has more than doubled from when you first started 2 years ago:)

If you continue to double at this rate, the results would be amazing in the next few years! (curious to know your age too!)

Care to share how? Is it continually throwing in money into the stockmarket? Do you have a regular set amt?

Would love to hear:)..for my daughter's learning..tks!

PS: i look forward to tagging you ..as a motivating factor:)

Hey Ozlady

I’m 35 years old, and yes it is just basically just throwing money into the market. I have a variable income with overtime, so there is no set amount every month. I have a good idea of my monthly expenses so I just basically throw the extra I make into my investment accounts on payday, to avoid lifestyle inflation.

Looks like your daughter is off to a great start in life. I think most people here share the same sentiment, that we wish we would of started saving at a young age. She is going to be so grateful to you in her future. Nice work 👍.

Quote from: cloudsail on September 02, 2019, 06:59:20 PM

I don't understand, if this is mostly dividends, shouldn't the numbers folks are reporting on this thread not be consistently increasing monthly? Shouldn't there be big jumps every March, June, September and especially December, then much smaller amounts for the other months?

Hey cloudsail,

My passive income is the mostly dividends, and that is generally how mine works. There might be some variation due to the dividend payout date being variable for my quarterly, semi- annual, and annual dividends.

For example, sometimes my semi annual divs pay out at the end of June, and sometimes the start of July. This has also occurred for my quarterly dividends. So depending on the payout dates, sometimes it will spread the gains over more months.

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69
as of 6/30/19 - $6,012.28
as of 7/31/19 - $6,122.05
as of 8/31/19 - $6,269.98 (+$147.93 increase)

p.s. I include gains to my passive income not just dividends.

Passive income defined as interest income and dividends.

PFY 2019: $1292.88
June--August 2019: $241.04

Quote from: cloudsail on September 02, 2019, 06:59:20 PM

I don't understand, if this is mostly dividends, shouldn't the numbers folks are reporting on this thread not be consistently increasing monthly? Shouldn't there be big jumps every March, June, September and especially December, then much smaller amounts for the other months?

I think this is true for folks whose passive income is mostly dividends; like Mainlander, mine is pretty bunched up, with some variation depending on which month a quarterly dividend pays out. However, there are definitely going to be people with other passive income streams here.

I'd personally like to create another passive stream or two over time, but it'll take a bit.

Quote from: Mainlander on September 03, 2019, 05:20:49 AM

Quote from: Ozlady on September 02, 2019, 04:04:43 PM
HI Mainlander

Amazing your passive income has more than doubled from when you first started 2 years ago:)

If you continue to double at this rate, the results would be amazing in the next few years! (curious to know your age too!)

Care to share how? Is it continually throwing in money into the stockmarket? Do you have a regular set amt?

Would love to hear:)..for my daughter's learning..tks!

PS: i look forward to tagging you ..as a motivating factor:)

Hey Ozlady

I’m 35 years old, and yes it is just basically just throwing money into the market. I have a variable income with overtime, so there is no set amount every month. I have a good idea of my monthly expenses so I just basically throw the extra I make into my investment accounts on payday, to avoid lifestyle inflation.

Looks like your daughter is off to a great start in life. I think most people here share the same sentiment, that we wish we would of started saving at a young age. She is going to be so grateful to you in her future. Nice work 👍.

Tks Mainlander for sharing.......

Lets race together to 10K AND BEYOND:))))

Quote from: cloudsail on September 02, 2019, 06:59:20 PM

I don't understand, if this is mostly dividends, shouldn't the numbers folks are reporting on this thread not be consistently increasing monthly? Shouldn't there be big jumps every March, June, September and especially December, then much smaller amounts for the other months?

Hi Cloudsail

My investing has been much influenced by this poster called Spoonman...worth reading his journal....

Also try to google Financial Samurai's post on Passive Income..here

Here: https://www.financialsamurai.com/ranking-the-best-passive-income-investments/

Good luck and do post so we can learn from one another:)

11 Aug 2019 -> $388
4 Sept 2019 -> $540

Quote from: Ozlady on September 04, 2019, 01:46:45 AM

Quote from: cloudsail on September 02, 2019, 06:59:20 PM
I don't understand, if this is mostly dividends, shouldn't the numbers folks are reporting on this thread not be consistently increasing monthly? Shouldn't there be big jumps every March, June, September and especially December, then much smaller amounts for the other months?

Hi Cloudsail

My investing has been much influenced by this poster called Spoonman...worth reading his journal....

Also try to google Financial Samurai's post on Passive Income..here

Here: https://www.financialsamurai.com/ranking-the-best-passive-income-investments/

Good luck and do post so we can learn from one another:)

Thanks for the link, very interesting! I've been a little interested in the real estate crowd funding thing because it's been in the news so much lately. We're more traditional real estate investors. We have two rental properties managed by property managers, so I do consider them very passive. We had two vacancies this year and I didn't even have a chance to touch base with the PM about the listings before the new renters already moved in.

I think last year between rental, dividends and interest, we netted around $40,000 in passive income. This isn't something I'm actively chasing though, as I tend to look more at total returns.

SEPTEMBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)

Another small increase this month. Normally I expect a nice bump in October. However, I’ve sold off some ESPP shares this summer, and with the high markets never got all the money reinvested. I’m sitting on about 20k cash in my registered accounts now, and plan to DCA it into index funds for the remainder of the year.

Today is 3 Oct 2019

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568 ($76 increase ie 3% increase over Sept)

Net worth is $37082 which equates to a 6.9% return (not bad!)

Next short term goal is 2700 which involves throwing in about 2400 into either VAS/LICs at average rate of 5.5% return. This should be completed by mid Nov.

Footnote: to earn that $2568 at the current bank's extremely low term deposit rate of about 1.7% (1 yr) would involve her putting in 151 058...ie another way of looking at things!

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69
as of 6/30/19 - $6,012.28
as of 7/31/19 - $6,122.05
as of 8/31/19 - $5,149.98 (Edited from prior post)
as of 9/31/19 - $4,826.97 (down a few hundred but overall up for the year...so far)

Quote from: MMM123 on September 04, 2019, 03:32:33 AM

11 Aug 2019 -> $388
4 Sept 2019 -> $540

8 Oct -> $552

Really cool thread.

Posting to follow/so I can find it later.

Is there a subsequent thread people "graduate" to with a higher limit?

Quote from: arebelspy on October 08, 2019, 07:35:06 AM

Is there a subsequent thread people "graduate" to with a higher limit?

There is now. (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/passive-income-race-from-$10k-to-$40k-per-year/)

I'm in! I'm counting trailing twelve months of dividends + interest. Hopefully, I'll graduate within a couple years.

2019Q3: $5,839
2018Q3: $3,938
2017Q3: $2,748
2016Q3: $1,972

I rented two rooms in my house last year around this time and so far I got $12000 for the last year as rent.

Today is 1 Nov 2019

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700 (5% increase over Oct)

Net worth is now $37975 which equates to a 7.11% return (not bad!)

So DD has hit spot on her goal of $2700 in passive income this month:)...

I told her she has earned a free air ticket to Europe EVERY YEAR for the rest of her life OR another way of looking at it is she has earned herself the option of taking off 1 month FOR THE REST OF HER LIFE without really needing to work :)...

Now the next goal is to work towards the Second Month and so on and on...

Passive Income ROCKS!

Next goal is 3000 which is going to be more difficult ; this would require her to throw in $5000 in savings to buy either LICs/VAS at about 5% return...She leaves for Paris in early Dec so this is the last month she can earn her side hustle of giving tuition...

Footnote: to earn that $2700 at the current bank's extremely low term deposit rate of about 1.7% (1 yr) would involve her putting in 158 823...ie it is as if ther pseudo net worth is 158 823 instead of 37975....

Now extrapolate that to 17 000 anuual passive income and her pseudo net worth is $1 million !(Bingo!)

Passive income (dividends, account interest) since June 1 is $448.91. Slow n steady.

OCTOBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)

Smaller than normal increase for quarterly results. This is due to me selling a good portion (1/4) of my ESP shares (which pays about a 4-5% div) to put into index funds. To clarify, my primary focus is not to maximize my dividends, as my index funds average less than a 3% div payout. My main focus is to maintain a diversified portfolio of etfs, but in the meantime I enjoy tracking my passive income during my journey.
I am going to receive my checking account annual cash back bonus in November ($300). Not sure whether I will include this in my passive income. As it is being discontinued next month in exchange for a reward program

2019 Total
as of 3/31/19 - $3,683.57
as of 4/30/19 - $5,232.39
as of 5/31/19 - $3,037.69
as of 6/30/19 - $6,012.28
as of 7/31/19 - $6,122.05
as of 8/31/19 - $5,149.98
as of 9/31/19 - $4,826.97
as of 10/31/19 - $6,537.66 - 65% of the way there :)

2019 Total
as of 3/31/19 - $3,683.57
as of 6/30/19 - $6,012.28
as of 9/31/19 - $4,826.97
as of 10/31/19 - $6,537.66
as of 11/30/19 - $8,093.06

NOVEMBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)
12/01/19. 4349 ($44 increase)

Standard month for passive income increases. Most of the gains this month came from bonuses paying out in my savings account. Added a good chunk to my bond allocation, which should help with monthly increases in between quarterly dividends.

Today is 8 Dec 2019

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700 (5% increase over Oct)
Dec 2019: 2716

Net worth is now $39067 which equates to a 6.9% return

Footnote: no new investments this month as DD is conserving cash because of her upcoming trip to Europe ...she has about $6679 in Cash which she can deploy but she is keeping her powder dry atm

That targetted $3000 annual passive income is turning out to be pretty elusive:(

Quote from: diapasoun on October 31, 2019, 04:25:35 PM

Passive income (dividends, account interest) since June 1 is $448.91. Slow n steady.

We're now at $492. Very slow, very steady. ;)

2019 Total
as of 3/31/19 - $3,683.57
as of 6/30/19 - $6,012.28
as of 9/31/19 - $4,826.97
as of 10/31/19 - $6,537.66
as of 11/30/19 - $8,093.06
2019 total Passive Income = $11,021.79

My December dividends were pretty high, I never really tracked them before but decided to start so I can see what's dividends and what's market gains.

Dividends for 2019 $2,782.63
Market Gains for 2019 $8,239.16
Gains for 2019 $11,021.79

Moving on to the race from $10k-$40k Good luck everyone.

Whoops I jumped the gun a little and forgot to add in my last paycheck contribution before posting. My total is only $9,872.27. Dividends are still the same but market gains are only $7,089.64.

DECEMBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)
12/01/19. 4349 ($44 increase)
01/01/20. 4417 ($68 increase)

Happy New Years everybody. Cheers to another solid year of financial gains. On the passive income front, December was an average month. Missed my year end goal of 5k, but managed to move a good portion of my investments into index funds.

My goal for 2020 is to reach 6k in passive income. The past 2 years I have gained about 1k each, so here’s to hoping I will start to see some compounding help out in 2020.

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967

2019Q1: $4,902
2019Q2: $5,770
2019Q3: $5,839
2019Q4: $6,824

Based on prior years, I expected to have about $1k more in dividend/interest income this year than last, but it's almost $2K!

Quote from: diapasoun on December 08, 2019, 02:52:09 PM

Quote from: diapasoun on October 31, 2019, 04:25:35 PM
Passive income (dividends, account interest) since June 1 is $448.91. Slow n steady.

We're now at $492. Very slow, very steady. ;)

Passive income (dividends, account interest) since June 1 is $2097.63. My 401k dividends this last month were just... massive. I know that year end dividends are a Thing, but I looked at this and was like "are you kidding me?!" What a jump.

Quote

Pre-Tax     Post-Tax    Total
Sep '17-'18   $122.36      $191.70      $314.06
2018     $212.39      $218.29      $430.68

2019 $341.85 $302.17 $644.02

Today is 29 Jan 2020

Update on my daughter (20 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700
Dec 2019: 2716
Jan 2020: 2809 (3.4% increase over Dec due mainly to investments in Vanguard Growth Fund)

Net worth is now $50074 which equates to a 5.6% return...

Footnote: The % return has dropped from previous mth due to sitting on nearly $8000 of cash (due to Christmas gifts and extra work) waiting to be deployed once the Coronavirus impact becomes a little clearer...

Still waiting to hit that target of 3K passive income:(...hopefully by 30 June 2020...

I just found this thread and I'm really excited about it. Every month I look forward to posting updates in the Race from 10k to 100k thread (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-10-to-100k!!/msg2636680/#msg2636680), and this seems like it will be really fun to track as well.

Rolling 12 months

07/01/18 523
08/01/18 527
09/01/18 531
10/01/18 609
11/01/18 613
12/01/18 617
01/01/19 729
02/01/19 731
03/01/19 733
04/01/19 790
05/01/19 792
06/01/19 794
07/01/19 859
08/01/19 861
09/01/19 865
10/01/19 935
11/01/19 947
12/01/19 957
01/01/20 1167
02/01/20 1178
03/01/20 1189
04/01/20 1196
05/01/20 1200
06/01/20 1202

Still a long way to go to reach financial independence, or even just to graduate from this thread. $1,200/year is $100/month though, and that's not nothing!

Onwards and upwards

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824

2010Q1: $7,003

A little late, but here's the Q1 update

Today is 28 June 2020

Update on my daughter (now 21 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700
Dec 2019: 2716
Jan 2020: 2809
June 2020 : 3008 (phew!)

Next target : 3500 (by June 2021)

Net worth is now $55916 which equates to a 5.4% return...

Covid has thrown a dampener on her savings rate :(

Footnote: so with a huff and a puff, DD just managed to scrape through the 3K mark ; mainly due to continued investing in the Vanguard Managed Fund (Diversified Growth).

Still sitting on a cash pile of about 11K which will be dripped in monthly ... this will help her towards her next soft goal of 3500 by June 2021.

Quote from: Optimiser on June 19, 2020, 11:39:30 AM

Rolling 12 months

07/01/18 $523
08/01/18 $527
09/01/18 $531
10/01/18 $609
11/01/18 $613
12/01/18 $617
01/01/19 $729
02/01/19 $731
03/01/19 $733
04/01/19 $790
05/01/19 $792
06/01/19 $794
07/01/19 $859
08/01/19 $861
09/01/19 $865
10/01/19 $935
11/01/19 $947
12/01/19 $957
01/01/20 $1,167
02/01/20 $1,178
03/01/20 $1,189
04/01/20 $1,196
05/01/20 $1,200
06/01/20 $1,202

7/01/20 $1,225

Quote from: Mainlander on January 02, 2020, 04:28:40 PM

DECEMBER UPDATE

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)
12/01/19. 4349 ($44 increase)
01/01/20. 4417 ($68 increase)

Happy New Years everybody. Cheers to another solid year of financial gains. On the passive income front, December was an average month. Missed my year end goal of 5k, but managed to move a good portion of my investments into index funds.

My goal for 2020 is to reach 6k in passive income. The past 2 years I have gained about 1k each, so here’s to hoping I will start to see some compounding help out in 2020.

07/01/2020: $6,074

While 2020 has been a rollercoaster ride, my passive income has steadily grown. Before the pandemic I was sitting on a large cash balance, which I finally invested in March for a nice discount.
Beside that, I recently doubled my EESP contributions, so expect to see nice increases for the remainder of the year.

Quote from: diapasoun on January 06, 2020, 10:35:00 AM

Quote from: diapasoun on December 08, 2019, 02:52:09 PM
Quote from: diapasoun on October 31, 2019, 04:25:35 PM
Passive income (dividends, account interest) since June 1 is $448.91. Slow n steady.

We're now at $492. Very slow, very steady. ;)

Passive income (dividends, account interest) since June 1 is $2097.63. My 401k dividends this last month were just... massive. I know that year end dividends are a Thing, but I looked at this and was like "are you kidding me?!" What a jump.

1 June 2019--31 May 2020: total passive income (dividends, interest) was $2509.87. This is pretty much the double of the year before.

Passive interest since 1 June 2020 is $294.48. Somehow I don't think this one is gonna double so much what with the 'rona, but we'll see.

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824

2020Q1: $7,003
2020Q2: $6,762

Q2 dividends were down a few hundred from last year. We'll see if that trend holds for the rest of 2020.

Please help me to understand as I have been paying off debt and not even concerned with passive income-I don't think I even know what it is in this context.

So my husband and I each have a 401k which we are contributing to each paycheck- so that goes up, but do I just count how much it goes up OVER the amount I put in?

I also have a small mutual fund account with TIAA, which I'm putting money in- do I just calculate how much I make above and beyond what I put in.

Then I have a small savings account that I'm not adding to right now- so that one's pretty easy.

@rachellynn99 I only count dividends and interest that my investments generate, not market gains/losses. Your 401k statement probably indicates how much dividends/interest your investments produced per the period - that's the number you want to look at. Your mutual fund account would also have some way that it tracks this information, though I'm not familiar with TIAA.

Quote from: McStache on July 26, 2020, 07:38:09 PM

@rachellynn99 I only count dividends and interest that my investments generate, not market gains/losses. Your 401k statement probably indicates how much dividends/interest your investments produced per the period - that's the number you want to look at. Your mutual fund account would also have some way that it tracks this information, though I'm not familiar with TIAA.

Same for me -- I don't track market gains here, just dividends and interest. (If I had royalties or other types of passive income, I'd track that too, but I don't.)

You should be able to see dividends/interest in your transactions history in most accounts.

Quote from: McStache on July 26, 2020, 07:38:09 PM

@rachellynn99 I only count dividends and interest that my investments generate, not market gains/losses. Your 401k statement probably indicates how much dividends/interest your investments produced per the period - that's the number you want to look at. Your mutual fund account would also have some way that it tracks this information, though I'm not familiar with TIAA.

Yes my mutual funds were pretty easy, I'll have to find out for our retirement accounts. Thank you, this is helpful.

What do people classify as passive income? I have a pension from a prior employer I can start anytime between now at age 46, and would get 12,000 a year, or as late as age 70, and would get about 40k a year. I could also start a SEPP right now at 33k, and that would slowly increase over time. No real estate cash flow or living purely off dividends though for me.

Sent from my iPhone using Tapatalk

Quote from: Optimiser on June 19, 2020, 11:39:30 AM

Rolling 12 months

01/01/19 $729 01/01/20 $1,167
02/01/19 $731 02/01/20 $1,178
03/01/19 $733 03/01/20 $1,189
04/01/19 $790 04/01/20 $1,196
05/01/19 $792 05/01/20 $1,200
06/01/19 $794 06/01/20 $1,202
07/01/18 $523 07/01/19 $859 07/01/20 $1,225
08/01/18 $527 08/01/19 $861
09/01/18 $531 09/01/19 $865
10/01/18 $609 10/01/19 $935
11/01/18 $613 11/01/19 $947
12/01/18 $617 12/01/19 $957

08/01/20 $1,232.39

Today is 13 August 2020

Update on my daughter (now 21 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700
Dec 2019: 2716
Jan 2020: 2809
June 2020 : 3008
August 2020 : 4200
Next target : 4500 (by June 2021)

Net worth is now $61479 which equates to a 6.8% return...

August sees a big jump from June ; mainly due to a local bank offering a 3% savings rate to anyone below 25 years old and mum helping to plonk 30K in on her behalf...i know it is "cheating" but i have the excess cash and i know she will repay this to me in time...it is also a good learning point to discuss ...

Footnote: DD still has $12714 in cash from which she is earning pittance interest atm ..she will drip into shares/managed funds ..i foresee a big drop in her earnings for the 2nd half of the year....

Been awhile since I posted.

12 months rolling
August 2020 - $2,901.70 (this is just Dividends, I was including gains before but decided to stop doing that)

Quote from: Optimiser on August 04, 2020, 12:21:59 PM

Rolling 12 months

01/01/19 $729 01/01/20 $1,167
02/01/19 $731 02/01/20 $1,178
03/01/19 $733 03/01/20 $1,189
04/01/19 $790 04/01/20 $1,196
05/01/19 $792 05/01/20 $1,200
06/01/19 $794 06/01/20 $1,202
07/01/18 $523 07/01/19 $859 07/01/20 $1,225
08/01/18 $527 08/01/19 $861 08/01/20 $1,232
09/01/18 $531 09/01/19 $865
10/01/18 $609 10/01/19 $935
11/01/18 $613 11/01/19 $947
12/01/18 $617 12/01/19 $957

09/01/20 $1,235.28

Quote from: Optimiser on September 04, 2020, 04:05:07 PM

Rolling 12 months

01/01/19 $729 01/01/20 $1,167
02/01/19 $731 02/01/20 $1,178
03/01/19 $733 03/01/20 $1,189
04/01/19 $790 04/01/20 $1,196
05/01/19 $792 05/01/20 $1,200
06/01/19 $794 06/01/20 $1,202
07/01/18 $523 07/01/19 $859 07/01/20 $1,225
08/01/18 $527 08/01/19 $861 08/01/20 $1,232
09/01/18 $531 09/01/19 $865 09/01/20 $1,235
10/01/18 $609 10/01/19 $935
11/01/18 $613 11/01/19 $947
12/01/18 $617 12/01/19 $957

10/01/20 $1,248.99

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824

2020Q1: $7,003
2020Q2: $6,762
2020Q3: $6,884

Dividends up from Q2, but still trailing Q1.

Quote from: diapasoun on July 02, 2020, 10:55:03 AM

1 June 2019--31 May 2020: total passive income (dividends, interest) was $2509.87. This is pretty much the double of the year before.

Passive income since 1 June 2020 is $294.48. Somehow I don't think this one is gonna double so much what with the 'rona, but we'll see.

1 June -- 30 September passive income: $429.28

12 months rolling
August 2020 - $2,901.70
September 2020 - $3,021.89

Quote from: Optimiser on October 01, 2020, 09:26:33 AM

Rolling 12 months

01/01/19 $729 01/01/20 $1,167
02/01/19 $731 02/01/20 $1,178
03/01/19 $733 03/01/20 $1,189
04/01/19 $790 04/01/20 $1,196
05/01/19 $792 05/01/20 $1,200
06/01/19 $794 06/01/20 $1,202
07/01/18 $523 07/01/19 $859 07/01/20 $1,225
08/01/18 $527 08/01/19 $861 08/01/20 $1,232
09/01/18 $531 09/01/19 $865 09/01/20 $1,235
10/01/18 $609 10/01/19 $935 10/01/20 $1,249
11/01/18 $613 11/01/19 $947
12/01/18 $617 12/01/19 $957

11/01/2020 $1,260.38

Quote from: Ozlady on August 12, 2020, 07:14:19 PM

Today is 13 August 2020

Update on my daughter (now 21 years old)'s journey :

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700
Dec 2019: 2716
Jan 2020: 2809
June 2020 : 3008
August 2020 : 4200
Next target : 4500 (by June 2021)

Today is 25 Nov 2020

Happy to report DD (21 yrs old) has hit her target 7 months ahead ; her passive income is now 4659 .

Passive income (rolling annual)

March 2019 : 1198
May 2019 : 1369
June 2019 : 1769
July 2019 : 2061
August 2019 : 2197
Sept 2019 : 2492
Oct 2019: 2568
Nov 2019 : 2700
Dec 2019: 2716
Jan 2020: 2809
June 2020 : 3008
August 2020 : 4200
Nov 2020 : 4659 (Target of 4500 hit! Yippee!)

Next target : 5K by June 2021 .

(Her net worth is 60131 )

Next target 5K...which at an approximate rate of 5% return would require additional investments of about 7K ...or about 1000 a month on average...tough but stretchable:)

Footnote: i am also starting Passive Income targets for my 2 sons:

DS1 (age 23) : Passive income atm : 3742 ..target 4500 (by June 2021)

DS2 (age 19) : Passive income atm: 2898..target 3500 (by Dec 2021)

Quote from: Optimiser on November 02, 2020, 01:32:49 PM

Rolling 12 months

01/01/19 $729 01/01/20 $1,167
02/01/19 $731 02/01/20 $1,178
03/01/19 $733 03/01/20 $1,189
04/01/19 $790 04/01/20 $1,196
05/01/19 $792 05/01/20 $1,200
06/01/19 $794 06/01/20 $1,202
07/01/18 $523 07/01/19 $859 07/01/20 $1,225
08/01/18 $527 08/01/19 $861 08/01/20 $1,232
09/01/18 $531 09/01/19 $865 09/01/20 $1,235
10/01/18 $609 10/01/19 $935 10/01/20 $1,249
11/01/18 $613 11/01/19 $947 11/01/20 $1,260
12/01/18 $617 12/01/19 $957

12/01/20 $1,258.29

I'm at $12,750 from side gig businesses for the year and expecting another $6K-$8K from Christmas sales. This is Gross numbers though, would love it to be $10K Profits for 2020, so time will tell if I hit this goal.

Quote from: diapasoun on October 01, 2020, 05:41:48 PM

Quote from: diapasoun on July 02, 2020, 10:55:03 AM
1 June 2019--31 May 2020: total passive income (dividends, interest) was $2509.87. This is pretty much the double of the year before.

Passive income since 1 June 2020 is $294.48. Somehow I don't think this one is gonna double so much what with the 'rona, but we'll see.

1 June -- 30 September passive income: $429.28

1 June -- 30 November passive income: 760.87

Quote from: Cezil on January 10, 2020, 11:48:36 AM

Pre-Tax     Post-Tax    Total
Sep '17-'18     $122.36      $191.70      $314.06
2018     $212.39      $218.29      $430.68
2019        $341.85     $302.17     $644.02

2020 $377.11 $389.00 $763.11

Before the pandemic of 2020, I had been getting a decent amount of monthly cash dividends in my cash brokerage account (EF) - which promptly fell to almost $0/month for the year. Otherwise I think I had a chance of over $575 in post-tax income and $950 overall for the year. Oh well. In 2020, I put in $6K to my Roth IRA for 2019, and over the year I put in another $6K for 2020, so I've been squealing at watching those growing dividends. I need to beef up my post-tax accounts a bit, though. I'm not pleased with where that passive income is at. Onward to 2021.

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824

2020Q1: $7,003
2020Q2: $6,762
2020Q3: $6,884
2020Q4: $7,253

Up a bit over last year!

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	-
March	-	$792.16	$1,195.63	-
April	-	$793.90	$1,200.06	-
May	-	$795.71	$1,202.30	-
June	$523.46	$860.52	$1,224.86	-
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	-
April	-	$793.90	$1,200.06	-
May	-	$795.71	$1,202.30	-
June	$523.46	$860.52	$1,224.86	-
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	$1,472.32
April	-	$793.90	$1,200.06	-
May	-	$795.71	$1,202.30	-
June	$523.46	$860.52	$1,224.86	-
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824
2020: $7,253

2021Q1: $7,233

A tiny bit down to start the year.

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	$1,472.32
April	-	$793.90	$1,200.06	$1,674.99
May	-	$795.71	$1,202.30	-
June	$523.46	$860.52	$1,224.86	-
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

This sounds like a fun thing to start tracking...

2020: 1774

12 month Forward earnings in Investment acct only: $8564.50.

I was getting pretty close to 10K pre-covid until multiple dividend cuts (including a few blue-chip, 'recession-proof' companies that I had only recently invested in to diversify and as a safe harbor.)
I have dividends in other accounts, but this is the one that is funding the 'early' part of my early retirement, so that's what I'm counting.
Canadian banks have had to freeze dividends, so I hope to see a bit of a boost when the govt frees them from present restrictions.

Today is 11 May 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 4866 5405 2708
(rolling annual)

Target (by Dec 2021) 5500 5800 2800

Rough investments
needed at appr. 5% 12 680 7900 1840

Per month till Dec 1811 1128 262

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	$1,472.32
April	-	$793.90	$1,200.06	$1,674.99
May	-	$795.71	$1,202.30	$1,921.58
June	$523.46	$860.52	$1,224.86	-
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

Trailing 12 months

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	-
August	-
September	-
October	-
November	-
December	-

Joining!

I am really excited because I finally rolled my biggest stache out of TIAA (which doesn't show dividends) into Vanguard, so now I can really see my passive income growing.

Onward and upward! Good luck everyone!

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	$1,472.32
April	-	$793.90	$1,200.06	$1,674.99
May	-	$795.71	$1,202.30	$1,921.58
June	$523.46	$860.52	$1,224.86	$2,144.79
July	$527.13	$862.53	$1,232.39	-
August	$531.27	$866.60	$1,235.28	-
September	$608.75	$936.84	$1,248.99	-
October	$612.68	$948.77	$1,260.38	-
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

All numbers are trailing twelve months

2016: $2,367
2017: $3,270
2018: $4,967
2019: $6,824
2020: $7,253

2021Q1: $7,233
2121Q2: $12,740.68

I had a much larger distribution than usual this quarter, so I guess I've graduated? Doesn't quite feel right since it happened so quickly.

Quote from: Ozlady on May 10, 2021, 05:34:48 PM

Today is 11 May 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 4866 5405 2708
(rolling annual)

Target (by Dec 2021) 5500 5800 2800

Rough investments
needed at appr. 5% 12 680 7900 1840

Per month till Dec 1811 1128 262

Today is 3 July 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 6565 5801 3358
(rolling annual)

Net worth 119294 69089 50251

Rate of return 5.5% 8.4% 6.7%

Footnote: DS1 is roaring ahead..his passive income is able to sustain him for 1 month FOREVER! Not a bad performance considering he has just started work a year and a half ago:)...still too cash heavy atm!

DD is still static since the last time...too much online shopping and socialising means slight improvement ..but she is young and should be allowed to enjoy herself before starting work...

DS2 is the dark horse...

First update to this thread in a year. Passive income increased by 1400 in the past year, with me putting no focus towards it. I am going to put a renewed focus on increasing passive income this year, with a goal of graduating from here next July.

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)
12/01/19. 4349 ($44 increase)
01/01/20. 4417 ($68 increase)
07/01/20. 6074
07/01/21. 7466

Need to stop focusing only on the total and need to focus on the future salary. Dividends only - Vanguard accounts

2020 - $3881
2021 YTD - $3409

Quote from: diapasoun on December 01, 2020, 11:34:46 AM

Quote from: diapasoun on October 01, 2020, 05:41:48 PM
Quote from: diapasoun on July 02, 2020, 10:55:03 AM
1 June 2019--31 May 2020: total passive income (dividends, interest) was $2509.87. This is pretty much the double of the year before.

Passive income since 1 June 2020 is $294.48. Somehow I don't think this one is gonna double so much what with the 'rona, but we'll see.

1 June -- 30 September passive income: $429.28

1 June -- 30 November passive income: 760.87

1 June 2020 - 31 May 2021 passive income: $2362.41.

So for passive income do you only mean dividends?

I sell tradelines (SO easy) and do various bank bonuses...they take a little work but not much. Also my various crypto gets a great amount of % per month for doing nothing, though hard to measure (most of it is in USDC though and that's currently getting about 9% APR, I'm paid weekly). Also have a bunch of savings accounts paying around 5-6% APR each, couple thousand there.

I'm not sure where the line is between side hustle and "passive". Thanks!

I think it probably varies for person. I only have dividends and interest, so that's what I include. I'm sure other folks have some more interesting stuff included.

I think the side hustle/passive income line is probably not very clean. For example, if you write as a side hustle and receive ongoing royalties, those royalties are usually considered passive income -- but they're coming out of a side hustle.

@dizzy - in my book crypto yield counts as passive income.

I was actually thinking about putting up a crypto challenge thread just for passive income. Maybe I will, just to see if there is interest.

Trailing 12 months

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	$1,700
August	-
September	-
October	-
November	-
December	-

Trailing 12 months

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	$1,700
August	$1,719
September	-
October	-
November	-
December	-

Looking forward to a September jump : )

If I wanted to get an accurate number including tradeline sales, dividends, interest, credit card sign on, manufactured spending, it would take some work, making it become non-passive, so I'm not going to do that. :D

: D Everyone chooses what to include for themselves here (just like in the net worth threads).

I stick to just dividends & interest, since they're deeply passive in that zero action is required on my part to continue receiving them in perpetuity.

My accounts are simple, so that's only 2 numbers to add : )

But I fully support your decision to keep work far away from your passive income ; )

1 June 2019--31 May 2020: total passive income (dividends, interest): $2509.87. This is pretty much the double of the year before.
1 June 2020 - 31 May 2021 passive income: $2362.41. Not bad for a global pandemic.

1 June 2021 - 31 August 2021 passive income: $517.55

This seems like a fun race to enter as I have always liked the passive income my investments bring. The end goal is to grow it to $36,000 to cover the Household bills so we have a ways to go. Plus this should match up well with the other races I'm participating in.

2017 - $496
2018 - $824
2019 - $1,118
2020 - $1,655

Sept 21 - $2,344

Quote from: dizzy on July 21, 2021, 11:30:14 AM

So for passive income do you only mean dividends?

I sell tradelines (SO easy) and do various bank bonuses...they take a little work but not much. Also my various crypto gets a great amount of % per month for doing nothing, though hard to measure (most of it is in USDC though and that's currently getting about 9% APR, I'm paid weekly). Also have a bunch of savings accounts paying around 5-6% APR each, couple thousand there.

I'm not sure where the line is between side hustle and "passive". Thanks!

Where are you getting 5-6% in a savings account? I want in!

Quote from: Ozlady on July 02, 2021, 06:45:48 PM

Today is 3 July 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 6565 5801 3358
(rolling annual)

Net worth 119294 69089 50251

Rate of return 5.5% 8.4% 6.7%

Another quick quarterly update:

Today is 8 October 2021

My 3 children's passive income is as follows:

DS1 DD DS2
Age 24 22 20

Passive income 7290 5870 3649
(rolling annual)

Net worth 140212 73985 56004

Rate of return 5.2% 7.9% 6.5%

Comments:
DS1 is still going strong and still on track to hit 10K passive income by June 2022...nothing out of ordinary except regularly averaging into equity market via salary sacrificing and his Vanguard Managed Fund...

DD is slow...ing down, not much improvement as lockdown persists and too much online shopping.....

DS2 is the plodder...

Quote from: Ozlady on October 07, 2021, 06:14:13 PM

Quote from: Ozlady on July 02, 2021, 06:45:48 PM

Today is 3 July 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 6565 5801 3358
(rolling annual)

Net worth 119294 69089 50251

Rate of return 5.5% 8.4% 6.7%

Another quick quarterly update:

Today is 8 October 2021

My 3 children's passive income is as follows:

DS1 DD DS2
Age 24 22 20

Passive income 7290 5870 3649
(rolling annual)

Net worth 140212 73985 56004

Rate of return 5.2% 7.9% 6.5%

Comments:
DS1 is still going strong and still on track to hit 10K passive income by June 2022...nothing out of ordinary except regularly averaging into equity market via salary sacrificing and his Vanguard Managed Fund...

DD is slow...ing down, not much improvement as lockdown persists and too much online shopping.....

DS2 is the plodder...

@Ozlady, how are your kids getting 5-8% dividends? I'm using Vanguard funds, and it's probably 2%.

Trailing 12-month total

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	$1,700
August	$1,719
September	$2,584
October	-
November	-
December	-

Now that my quarterly dividends are 1K, the number's growing nicely : )

And yeah, some of it's in taxable so I don't actually want the dividends to be *high*—but it's still fun watching them grow : D

Quote from: DieHard_772 on October 13, 2021, 06:14:58 AM

Quote from: Ozlady on October 07, 2021, 06:14:13 PM
Quote from: Ozlady on July 02, 2021, 06:45:48 PM

Today is 3 July 2021

My 3 children's passive income is :

DS1 DD DS2
Age 24 22 20

Passive income 6565 5801 3358
(rolling annual)

Net worth 119294 69089 50251

Rate of return 5.5% 8.4% 6.7%

Another quick quarterly update:

Today is 8 October 2021

My 3 children's passive income is as follows:

DS1 DD DS2
Age 24 22 20

Passive income 7290 5870 3649
(rolling annual)

Net worth 140212 73985 56004

Rate of return 5.2% 7.9% 6.5%

Comments:
DS1 is still going strong and still on track to hit 10K passive income by June 2022...nothing out of ordinary except regularly averaging into equity market via salary sacrificing and his Vanguard Managed Fund...

DD is slow...ing down, not much improvement as lockdown persists and too much online shopping.....

DS2 is the plodder...

@Ozlady, how are your kids getting 5-8% dividends? I'm using Vanguard funds, and it's probably 2%.

Hi Diehard

Not all investments are from dividends (we are in Australia btw)..some are in our superannuation, some in bank deposits (we have a special for under 25s at 3% and also these are historical yields not current yields (as in shares are bought some time ago..)

Trailing 12 months

	2018	2019	2020	2021
January	-	$730.97	$1,179.73	$1,397.23
February	-	$733.33	$1,190.48	$1,438.94
March	-	$792.16	$1,195.63	$1,472.32
April	-	$793.90	$1,200.06	$1,674.99
May	-	$795.71	$1,202.30	$1,921.58
June	$523.46	$860.52	$1,224.86	$2,144.79
July	$527.13	$862.53	$1,232.39	$2,363.66
August	$531.27	$866.60	$1,235.28	$2,577.83
September	$608.75	$936.84	$1,248.99	$2,641.26
October	$612.68	$948.77	$1,260.38	$2,808.67
November	$616.92	$958.79	$1,258.29	-
December	$728.67	$1,168.81	$1,394.77	-

Trailing 12-month total

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	$1,700
August	$1,719
September	$2,584
October	$2,568
November	$2,581
December	-

Somehow I missed October! Well, there's not much change in these "off-quarter" months anyway...

@Optimiser, we were briefly close! But you are growing a lot faster : ) Way to go!

Trailing 12-month total

	2021
January	$698
February	$717
March	$770
April	$796
May	$820
June	$1,675
July	$1,700
August	$1,719
September	$2,584
October	$2,568
November	$2,581
December	$3,770

Wow, had not realized Dec would be this high. This is my first year with a large portfolio chunk rolled from TIAA into Vanguard, so am seeing the dividends for the first time. It won't be till March that my trailing 12-month total will fully include that change, so one more jump ahead, then should stabilize.

Did not track my month to month this past year, I will likely begin that in the next month or two!

2021: $1204 (All Dividens)

I am looking to increase my passive income from Dividens to $2000 this year, which is approximately 1 month of spending/living cost for me. Additionally, I plan to prepare my current house to become a rental throughout the year, and plan to rent it out in 2023! I'll try to update this monthly for 2022, everyone keep up the good work!

Quote from: Ozlady on July 02, 2021, 06:45:48 PM

Today is 8 October 2021

My 3 children's passive income is as follows:

DS1 DD DS2
Age 24 22 20

Passive income 7290 5870 3649
(rolling annual)

Net worth 140212 73985 56004

Rate of return 5.2% 7.9% 6.5%

Comments:
DS1 is still going strong and still on track to hit 10K passive income by June 2022...nothing out of ordinary except regularly averaging into equity market via salary sacrificing and his Vanguard Managed Fund...

DD is slow...ing down, not much improvement as lockdown persists and too much online shopping.....

DS2 is the plodder...

Today is 19 March 2022

It has been quite a while; and the major happening is Russia has invaded Ukraine:(

Time for an update on the kids' Net Worth and Passive Income.

My 3 children's passive income is as follows:

DS1 DD DS2
Age 25 22 20

Passive income 8304 5932 3961
(rolling annual)

Net worth 178033 76566 62411

Rate of return 4.6% 7.7% 6.3%

Remarks:

DS1: Fantastic surge of Net worth...still living at home , driving his used car and high savings rate...still on track to hit millionaire status by 30:)

Howver at this point in time, with 3 more months to go, i do not think he is going to hit his target of 10K Passive Income by June (unless he throws in 10K per month into equity investment). But he can always aim for it and try to hit at least 9K:)

His low equity and super investments (59% of net worth) and corresponding high cash position explains his low rate of return .

DD2: Penultimate year of Uni and has not much time (or inclination) to do much part time work...her savings are 93% invested though in equities and super and that accounts for her high rate of return compared to her brother.

DS2: He is plodding along with his part time tutor work ( 4 students atm)..income not high but living on the smell of an oily rag...lowish expenses too:)

He is 78% invested in equity and super and that is reflected in his rate of return .

ONWARDS AND FORWARDS!

This looks like a fun tracking thread. Currently 51 and started my dividend investing account last Novemeber. Decided that I need an additional stream of income in retirement (which is only 5-7 years away). So just looking to see what I can accomplish in that time frame.

Goal #1 get dividend to 100/quarter
Goal #2 get dividents to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67

Quote from: comicguy on April 03, 2022, 04:54:38 AM

This looks like a fun tracking thread. Currently 51 and started my dividend investing account last Novemeber. Decided that I need an additional stream of income in retirement (which is only 5-7 years away). So just looking to see what I can accomplish in that time frame.

Goal #1 get dividend to 100/quarter
Goal #2 get dividents to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67

Congrats on reaching your first goal, I'd say that you are well on your way in reaching your final goal given the total time frame!

I'm not sure how everyone else is figuring their passive income, but I've decided to only include growth and dividends in my investment accounts.

DIVIDENDS:

2016 - $4.51
2017 - $12.35
2018 - $26.11
2019 - $84.47
2020 - $139.79
2021 - $278.30
2022 (ytd) [4/7/22] - $188.94

DIVIDENDS + GROWTH

Trailing 12 months (4/21 - 4/22) - $1556.26
2021 - $1095.34
2022 (ytd) [4/7/22] - $841.18

Goal #1 get dividend to 100/quarter
Goal #2 get dividents to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51

Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46

Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83

Quote from: Ozlady on March 18, 2022, 05:48:41 PM

Quote from: Ozlady on July 02, 2021, 06:45:48 PM

Today is 19 March 2022

It has been quite a while; and the major happening is Russia has invaded Ukraine:(

Time for an update on the kids' Net Worth and Passive Income.

My 3 children's passive income is as follows:

DS1 DD DS2
Age 25 22 20

Passive income 8304 5932 3961
(rolling annual)

Net worth 178033 76566 62411

Rate of return 4.6% 7.7% 6.3%

Remarks:

DS1: Fantastic surge of Net worth...still living at home , driving his used car and high savings rate...still on track to hit millionaire status by 30:)

Howver at this point in time, with 3 more months to go, i do not think he is going to hit his target of 10K Passive Income by June (unless he throws in 10K per month into equity investment). But he can always aim for it and try to hit at least 9K:)

His low equity and super investments (59% of net worth) and corresponding high cash position explains his low rate of return .

DD2: Penultimate year of Uni and has not much time (or inclination) to do much part time work...her savings are 93% invested though in equities and super and that accounts for her high rate of return compared to her brother.

DS2: He is plodding along with his part time tutor work ( 4 students atm)..income not high but living on the smell of an oily rag...lowish expenses too:)

He is 78% invested in equity and super and that is reflected in his rate of return .

ONWARDS AND FORWARDS!

Today is 7 July 2022
It has been a long while since last update ..since then the stock market has been on a long slide down about 20%..and inflation is roaring around the world..

Meanwhile the kids are still plodding along..increasing their net worth..they have not been investing (except through their superannuation ) and waiting patiently to re-enter the market ...

My 3 children's passive income is as follows:

DS1 DD DS2
Age 25 22 20

Passive income 9083 5184 3408

(rolling annual)

Net worth 182415 76360 62749

Rate of return 4.9% 6.8% 5.4%

Remarks:
The children's net worth has not improved by much in spite of earnings due mainly to a slide of their equity portfolio and superannuation.

DS1 continues to hit a high savings rate and is sitting on a big pile of cash ($63839). He is still aiming to hit first milestone of $10K in passive income which is eluding him in this market:(

Still not bad for someone his age who graduated with a net worth of $300 ..and hardly worked but played hard all throughout uni! (so there's hope yet for all the parents reading this!)...he should still be on track to hit $1 mil by age 30...

DD 2's cash position continues to slide due to reduction in work hours and increase in social eating out and spending (Lol!)...she is leaving for London for an internship for 3 months and will spend it big touring Europe after...she has taken a loan ($7K) from the uni/govt which will be added to her HECS ..at this stage, quite unlikely to hit her $100K net worth on graduation ...

She has kinda convinced herself she needs to "front" spend/travel now as she will have low chances of doing that in future (young doctor)...(i keep my mouth zipped with her decisions !)

DS 2 continues to plod along; with high savings rate and part time work ; this is the child i foresee will hit a $100K net worth on graduation...he continues to surprise his Dad and I with his consistency.

Onwards and forwards!

Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54

Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17

Quote from: comicguy on September 07, 2022, 05:25:34 AM

Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17

You continue to make solid progress, keep it up!

✔Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54

Today is 6 October 2022

Time for a quarterly update on my kids' Net worth and Passive Income

DS1 DD DS2

Age 25 23 21

Passive income
(rolling annual) 10712 4745 3659

Net worth 196011 74967 63399

% return 5.4% 6.3% 5.8%

As i am typing this , the S&P is at 3783 and XJO (ASX) is at 6814...the last 2 days, it had had a bear rally but otherwise it is continuing its slippery slide with the RBA (central bank) continuing to hike rates till at least end of the year.

Good news however is that DS1 has finally broken his annual passive income target of $10k :) ...that took quite a while but it was helped by the various banks increasing their transaction rates...by the time i finish typing this i half suspect he will break the $11k mark by shifting over to other banks who are offering higher rates...

Note: next target 12K by June 2023!

He is also due to break the $200K net worth mark very soon ...and has been told he will have a pay increase to a 6 figure mark come Jan 2023. So he is trending strongly and is one fifth finished on his journey to being a millionaire (by 30).

DD is not working too much as she is having year end exams and DS2 has completely stopped his part time work too (his students are all retreating to final exam prep) ..he is a private tutor ...

So i foresee they will not see much increase in Net worth or Passive income in the next 6 months...but that's okay as sometimes Life gets in the way...

I told the kids that Investing is not a Constant Journey and there is bound to be Ebbs and Flows...but when it is Flowing (like my DS1), one should grab the sails and enjoy the headwinds!

✔Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36

✔Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69

Quote from: Optimiser on November 02, 2021, 08:18:37 AM

Trailing 12 months
2018 2019 2020 2021 2022
January - $730.97 $1,179.73 $1,397.23 $4,548.27
February - $733.33 $1,190.48 $1,438.94 $4,746.52
March - $792.16 $1,195.63 $1,472.32 $4,898.89
April - $793.90 $1,200.06 $1,674.99 $4,872.50
May - $795.71 $1,202.30 $1,921.58 $4,635.91
June $523.46 $860.52 $1,224.86 $2,144.79 $4,382.21
July $527.13 $862.53 $1,232.39 $2,363.66 $4,169.84
August $531.27 $866.60 $1,235.28 $2,577.83 $4,017.05
September $608.75 $936.84 $1,248.99 $2,641.26 $4,140.58
October $612.68 $948.77 $1,260.38 $2,808.67 $4,169.09
November $616.92 $958.79 $1,258.29 $2,981.91 $4,366.21
December $728.67 $1,168.81 $1,394.77 $4,369.97 -

It's been too long since I posted an update. Hoping to see another big jump for December when the quarter end/year end dividends and capital gains show up. Will probably see a downtick in Feb. when the new van we ordered shows up and causes a big hit to our cash savings.

✔Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

@comicguy your average has to be creeping pretty close to $100/month!

Quote from: alcon835 on December 30, 2022, 09:55:44 AM

@comicguy your average has to be creeping pretty close to $100/month!

It is there based on this quarter (343.06) but I want to give it one more quarter to make sure it actually sticks! before I claim success :)

Quote from: Ozlady on October 05, 2022, 07:18:29 PM

Today is 6 October 2022

Time for a quarterly update on my kids' Net worth and Passive Income

DS1 DD DS2

Age 25 23 21

Passive income
(rolling annual) 10712 4745 3659

Net worth 196011 74967 63399

% return 5.4% 6.3% 5.8%

As i am typing this , the S&P is at 3783 and XJO (ASX) is at 6814...the last 2 days, it had had a bear rally but otherwise it is continuing its slippery slide with the RBA (central bank) continuing to hike rates till at least end of the year.

Good news however is that DS1 has finally broken his annual passive income target of $10k :) ...that took quite a while but it was helped by the various banks increasing their transaction rates...by the time i finish typing this i half suspect he will break the $11k mark by shifting over to other banks who are offering higher rates...

Note: next target 12K by June 2023!

He is also due to break the $200K net worth mark very soon ...and has been told he will have a pay increase to a 6 figure mark come Jan 2023. So he is trending strongly and is one fifth finished on his journey to being a millionaire (by 30).

DD is not working too much as she is having year end exams and DS2 has completely stopped his part time work too (his students are all retreating to final exam prep) ..he is a private tutor ...

So i foresee they will not see much increase in Net worth or Passive income in the next 6 months...but that's okay as sometimes Life gets in the way...

I told the kids that Investing is not a Constant Journey and there is bound to be Ebbs and Flows...but when it is Flowing (like my DS1), one should grab the sails and enjoy the headwinds!

Today is 31 Dec 2022

An update on the kids' progress to end this year...Good news ! My eldest son has finally broken his goal of passive income $12K a year...

DS1 DD DS2

Age 25 23 21

Passive income
(rolling annual) 12278 5582 4010

Net worth 215139 78424 65263

% return 5.7% 7.1% 6.1%

As i am typing this , the S&P is at 3849 and XJO (ASX) is at 7038...

The RBA is expected to hike rates for 1 or 2 more times in the coming quarter...most analysts are expecting the equity market to slide in the first half amidst the coming recession...

My DS1 has finally broken the $12K passive income goal...due mainly to hikes in banks' savings rates and he has a large cash position ( i think his ING Orange Saver account is giving him 4.55% rate..fancy that!)

his next target will be $15K by next June or latest Sept. with a corresponding target net worth of $270K.

Happy New Year to all!

Quote from: comicguy on December 30, 2022, 05:49:24 AM

✔Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Never really looked/planned on dividends this way - but I like the idea and will join to do the same thing for 2023.
I will have to tally the 2022 figures first, though, to see where I stand - and will have a reinvest policy to put the dividends back into the distribution fonds (most of my funds are set up as accumulator). Unfortunately, it's all taxable...
So, I will start fresh in Jan!

It is difficult for me to track my monthly dividend as some of my accounts do not post the dividends received until the end of the year.

2021: $1,204 (Dividends/Interest)
2022: $2,536 (Dividends/Interest)

Solid progress on the year, despite the rough year in regards to the stock market. I purchased a significant number of stock shares during the last quarter of 2022, and expect my year dividend/interest total to increase to over $4000 next year (I will use $4,000 as my goal and $4,500 as my stretch goal for 2023).

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95

Following the metrics by comicguy for 2022:
Goal #1 get dividend to 100/quarter
Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month

2022 - average per month
Q1 Q2 Q3 Q4
156 360 307 251

Now I need to adjust divs for 2023, but Q1 may still be off.

Haven't set a goal but I do like seeing our dividends grow :)

Yearly Dividends from Investments:
(Note, this does not include interest from I-Bonds or Savings Account)

2022 $1691
2021 $1483
2020 $932
2019 $770
2018 $458
2017 $322

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66

Quote from: comicguy on April 01, 2023, 04:23:18 AM

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66

Looks like you are on track to reach your next goal by July!

Quote from: Ozlady on December 30, 2022, 02:56:17 PM

Quote from: Ozlady on October 05, 2022, 07:18:29 PM
Today is 6 October 2022

Time for a quarterly update on my kids' Net worth and Passive Income

DS1 DD DS2

Age 25 23 21

Passive income
(rolling annual) 10712 4745 3659

Net worth 196011 74967 63399

% return 5.4% 6.3% 5.8%

As i am typing this , the S&P is at 3783 and XJO (ASX) is at 6814...the last 2 days, it had had a bear rally but otherwise it is continuing its slippery slide with the RBA (central bank) continuing to hike rates till at least end of the year.

Good news however is that DS1 has finally broken his annual passive income target of $10k :) ...that took quite a while but it was helped by the various banks increasing their transaction rates...by the time i finish typing this i half suspect he will break the $11k mark by shifting over to other banks who are offering higher rates...

Note: next target 12K by June 2023!

He is also due to break the $200K net worth mark very soon ...and has been told he will have a pay increase to a 6 figure mark come Jan 2023. So he is trending strongly and is one fifth finished on his journey to being a millionaire (by 30).

DD is not working too much as she is having year end exams and DS2 has completely stopped his part time work too (his students are all retreating to final exam prep) ..he is a private tutor ...

So i foresee they will not see much increase in Net worth or Passive income in the next 6 months...but that's okay as sometimes Life gets in the way...

I told the kids that Investing is not a Constant Journey and there is bound to be Ebbs and Flows...but when it is Flowing (like my DS1), one should grab the sails and enjoy the headwinds!

Today is 31 Dec 2022

An update on the kids' progress to end this year...Good news ! My eldest son has finally broken his goal of passive income $12K a year...

DS1 DD DS2

Age 25 23 21

Passive income
(rolling annual) 12278 5582 4010

Net worth 215139 78424 65263

% return 5.7% 7.1% 6.1%

As i am typing this , the S&P is at 3849 and XJO (ASX) is at 7038...

The RBA is expected to hike rates for 1 or 2 more times in the coming quarter...most analysts are expecting the equity market to slide in the first half amidst the coming recession...

My DS1 has finally broken the $12K passive income goal...due mainly to hikes in banks' savings rates and he has a large cash position ( i think his ING Orange Saver account is giving him 4.55% rate..fancy that!)

his next target will be $15K by next June or latest Sept. with a corresponding target net worth of $270K.

Happy New Year to all!

Going to wave Goodbye as i make a move to the Race from 10K to 40K Passive Income thread:)

All the best guys ; keep on going and Never Give Up!! Cheers!

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May 2023 304.98

I really like your metric, @comicguy.
I have adopted it for myself, as well - the first goals I have hit last year, I am now working on 500 quid/quarter (but not yet consistently there).

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37

@comicguy

Looking at your progress thus far, I suspect you will be nearing the $500 a month mark close to a year from now, nice job!

Re: Passive Income - Race to 10k per year
« Reply #203 on: July 01, 2023, 06:21:11 AM »
QuoteModifyRemove
✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85

Quote from: Mainlander on July 18, 2021, 06:25:40 AM

First update to this thread in a year. Passive income increased by 1400 in the past year, with me putting no focus towards it. I am going to put a renewed focus on increasing passive income this year, with a goal of graduating from here next July.

Rolling 12 months

08/01/17 1815
01/01/18 2430
08/01/18 2848
09/01/18 2877
10/01/18 2846
11/01/18 2955
12/01/18 2972
01/01/19 3476
02/01/19. 3699
03/01/19 3730
04/01/19 3768
05/01/19 3858
06/01/19 3865
07/01/19 4086
08/01/19 4188 ($102 increase)
09/01/19 4217 ($29 increase)
10/01/19 4241 ($24 increase)
11/01/19 4305 ($64 increase)
12/01/19. 4349 ($44 increase)
01/01/20. 4417 ($68 increase)
07/01/20. 6074
07/01/21. 7466

It’s been over 2 years since my last update. With the turbulence of the market, I’ve decided it’s time to revisit this thread and update my progress.

Current #s - $11,683

An average gain of over 2k a year in passive income. Looking to hit 20k passive income in 3 years.

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93

Quote from: diapasoun on September 24, 2021, 11:22:21 AM

1 June 2019--31 May 2020: total passive income (dividends, interest): $2509.87. This is pretty much the double of the year before.
1 June 2020 - 31 May 2021 passive income: $2362.41. Not bad for a global pandemic.

Trying to toodle back onto the forums a bit and this is a thread I have been keeping up with in my heart (i.e. I've been tracking all this time!):

1 June 2021 - 31 May 2022: $5641.79
1 June 2022 - 31 May 2023: $5651.90

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80

hey comicguy are there any particular dividend bearing stocks/funds that you like?

I have always toyed with the idea of having a massive position in a dividend growth fund that will act like a pension when I retire, but I am not sure where to park my cash

Quote from: happychineseboy on December 22, 2023, 10:25:56 PM

hey comicguy are there any particular dividend bearing stocks/funds that you like?

I have always toyed with the idea of having a massive position in a dividend growth fund that will act like a pension when I retire, but I am not sure where to park my cash

The only advice I can give is invest in companies/funds that you know/understand in order to be able to make appropriate choices!

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Quote from: SotI on June 17, 2023, 02:01:37 AM

I really like your metric, @comicguy.
I have adopted it for myself, as well - the first goals I have hit last year, I am now working on 500 quid/quarter (but not yet consistently there).

I reached goal #3 on average but not still not equally enough distributed across the months. So, will keep working on this by adding some more distro funds into this year's asset allocation.

It is difficult for me to track my monthly dividend as some of my accounts do not post the dividends received until the end of the year.

2021: $1,204 (Dividends/Interest)
2022: $2,536 (Dividends/Interest)
2023: $3,696 (Dividends/Interest)

Solid progress again this year. I am hoping to reach the 5k mark in 2024 with a stretch goal of 5.5k. As always, it is great to see everyone's progress here!

I started tracking Dividends in 2021 and I've made some pretty massive progress in that time. I don't plan to update regularly, but wouldn't mind updating this thread yearly to track my overall progress! Here's where I'm at over the last three years:

2021: $411.02
2022: $1,103.17
2023: $2,011.63

My overall goal with dividends is to get them to $5,400/year and a stretch of $6,700/year. If I can keep up the pattern of doubling dividend payouts every year...well that would be amazing (unlikely though, haha). A lot of my dividend paying stocks lowered their payouts this year, so hoping there is a bit of a bump as the economy picks up in 2024. But who knows!

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80

@comicguy You are quickly approaching your next goal, nice work!

Just love to track dividends, since it is money that I see as a present, really passive, no need to action (just steady investing)
I started the MMM journey in 2020 and started investing in limited amounts and getting emergency funds up first. But after a few years, you can see the result of steady and increasing investing already, which makes me happy:

2020: EUR 109
2021: EUR 157
2022: EUR 277
2023: EUR 477

Goal #1: EUR 1,200 per year (EUR 100 per month)
Goal #2: EUR 4,000 per year (EUR 1,000 per quarter)
Goal #3: EUR 12,000 per year (EUR 1,000 per month)

Happy investing!!!!!

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83

Oooooh, I'll join this thread. DH and I got on the dividend bandwagon last year and have been focusing on increasing dividend investing and reinvesting the income earned. (My dad was the inspiration and he's the big cheese with over 400K in dividend income).

2020 total - 494
2021 total - 1,148
2022 total - 1,958
2023 total - 3,161
2024 YTD - 3,060 (guessing around 6K by EOY)

Don't really know when we'll hit 10K. Competing savings goal is funding our kids' "launch money," our catchall term for money we will contribute to launch our 3 kids to adulthood.

Quote from: diapasoun on September 05, 2023, 05:02:44 PM

Quote from: diapasoun on September 24, 2021, 11:22:21 AM
1 June 2019--31 May 2020: total passive income (dividends, interest): $2509.87. This is pretty much the double of the year before.
1 June 2020 - 31 May 2021 passive income: $2362.41. Not bad for a global pandemic.

Trying to toodle back onto the forums a bit and this is a thread I have been keeping up with in my heart (i.e. I've been tracking all this time!):

1 June 2021 - 31 May 2022: $5641.79
1 June 2022 - 31 May 2023: $5651.90

1 June 2023 - 31 May 2024: $8532.59

I don't think I'll be making this level of passive income next year, as a good chunk of this was interest from a money market account that held my house down payment... which has now been used. However, my overall returns will have improved, so that bit is more than worth it. ;)

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06

I am game. I saw this thread a month or two back. I finally remembered to check my 2023 income from IRA, but thought I would be sub $5k in investment income. It was better than I expected, and could see me completing this race in two more years. It would literally be amazing for portfolio (stocks, mutual funds, EFTs, etc. no bonds) income to fund my entire retirement. I can dream about that later as I work to complete this race.

2023 - $7,096.44

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
A little dip this quarter fom a 2 stocks reducing their dividends and 2 stocks shifting their payment date to next month

I've decided I want to join this race. I am starting off very small. These are just my two 403b accounts, one of which was opened many years ago in my first teaching job before I knew about low-fee 403b accounts, and one I opened in 2022. It is motivating to me to think about dividends as passive income, and to start tracking it!

Goal #1 dividends to $100/quarter
Goal #2 dividends to $200/quarter
Goal #3 dividends to $300/quarter
Goal #4 dividends to $500/quarter
Goal #5 dividends to $1000/quarter

6/22. 12.29
9/22. 17.60
12/22. 31.04
3/23. 38.00
6/23. 49.75
9/23. 53.44
12/23. 90.44
3/24. 98.37
6/24. 102.44
9/24. 97.44

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
Oct 2024 342.15

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
Oct 2024 342.15
Nov 2024 440.48

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
Oct 2024 342.15
Nov 2024 440.48
Dec 2024 229.27 Q4 Total 1012.60 Total 3400.30

Just crossed 3400 in yearly dividens (just barely :) )

@comicguy congratulations on reaching the milestone 1k quarterly dividends, I hope you are able to keep the momentum going in 2025 and reach your $500 a month goal!

2020: EUR 109
2021: EUR 157
2022: EUR 277
2023: EUR 477
2024: EUR 739

Goal #1: EUR 1,200 per year (EUR 100 per month)
Goal #2: EUR 4,000 per year (EUR 1,000 per quarter)
Goal #3: EUR 12,000 per year (EUR 1,000 per month)

Steady increase for 2024. Let's see if we can get near the 1st goal in 2025..... (above EUR 1,000 should be easy, but let's try to get to EUR 1,200).

2023 - $7,096.44
2024 - $12,199.93

I guess I graduated this year. My IRA account produced that return. There is another section of the statement that shows greater cash flow, but will stick with that number until I learn more about the other amount reported. Good progress either way. Looking forward to another year of savings and hopefully positive market returns.

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
Oct 2024 342.15
Nov 2024 440.48
Dec 2024 229.27 Q4 Total 1012.60 Total 3400.30

Jan 2025 254.81

✔Goal #1 get dividend to 100/quarter
✔Goal #2 get dividends to 100/month average
✔Goal #3 get dividends to 500/quarter
Goal #4 get dividends to 500/month (this might be a bit lofty based on my time frame but what the heck, lets see if I can get it there!)

Dec 2021 18.67

Jan 2022 13.84
Feb 2022 57.36
Mar 2022 34.47 Q1 total 105.67
Apr 2022 50.51
May 2022 105.46
Jun 2022 66.15 Q2 total 218.83
Jul 2022 68.54
Aug 2022 137.17
Sep 2022 87.83 Q3 total 293.54
Oct 2022 82.36
Nov 2022 163.69
Dec 2022 97.01 Q4 total 343.06 2022 total 965.66

Jan 2023 130.95
Feb 2023 155.43
Mar 2023 160.62 Q1 Total 444.66
Apr 2023 145.22
May2023 304.98
Jun 2023 126.17 Q2 Total 576.37
Jul 2023 173.85
Aug 2023 325.93
Sep 2023 143.11 Q3 Total 642.89
Oct 2023 169.23
Nov 2023 357.80
Dec 2023 225.38 Q4 Total 752.41 Total 2416.33

Jan 2024 227.98
Feb 2024 324.21
Mar 2024 181.16 Q1 Total 733.35
Apri 2024 243.84
May 2024 423.80
Jun 2024 169.19 Q2 Total 836.83
July 2024 256.06
Aug 2024 409.39
Sep 2024 152.07 Q3 Total 817.52
Oct 2024 342.15
Nov 2024 440.48
Dec 2024 229.27 Q4 Total 1012.60 Total 3400.30

Jan 2025 254.81
Feb 2025 380.56
Mar 2025 306.28 Q1 Total 941.65
Apr 2025 274.96
May 2025 416.08

Quote from: diapasoun on July 05, 2024, 02:31:17 PM

Quote from: diapasoun on September 05, 2023, 05:02:44 PM
Quote from: diapasoun on September 24, 2021, 11:22:21 AM
1 June 2019--31 May 2020: total passive income (dividends, interest): $2509.87. This is pretty much the double of the year before.
1 June 2020 - 31 May 2021 passive income: $2362.41. Not bad for a global pandemic.

Trying to toodle back onto the forums a bit and this is a thread I have been keeping up with in my heart (i.e. I've been tracking all this time!):

1 June 2021 - 31 May 2022: $5641.79
1 June 2022 - 31 May 2023: $5651.90

1 June 2023 - 31 May 2024: $8532.59

I don't think I'll be making this level of passive income next year, as a good chunk of this was interest from a money market account that held my house down payment... which has now been used. However, my overall returns will have improved, so that bit is more than worth it. ;)

1 June 2024 - 31 May 2025: $6308.06

As anticipated, I made less passive income this year. However, the dividend income from investments is pretty universally up, which is a good feeling -- money in the market is working for me! yesss!

The Money Mustache Community

General Discussion => Throw Down the Gauntlet => Topic started by: Milkm4n on August 16, 2018, 02:27:18 PM