JANUARY UPDATE Rolling 12 months08/01/17 181501/01/18 243008/01/18 284809/01/18 2877 10/01/18 284611/01/18 2955 12/01/18 2972 01/01/19 3476 ($504 increase)02/01/19. 3699 ($223 increase)
@Mainlander , what are you including as passive income?Dividends only? Or 4% of your stock/bond stash?NOI on rental property?
Today is 3 March 2019Hi ThereWhat 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...:))
PFY 2019: $1292.88June 2019: $116.92
Graphing fun (quarterly dividends)
Today is 7 July 2019Update on my daughter (20 years old)'s : Passive income (rolling annual) March 2019 : 1198 May 2019 : 1369 June 2019 : 1769Next 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: Ozlady on July 07, 2019, 01:28:34 AMToday is 7 July 2019Update on my daughter (20 years old)'s : Passive income (rolling annual) March 2019 : 1198 May 2019 : 1369 June 2019 : 1769Next 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 2019Broken 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 : 2061Next 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 2018Due 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 : 2197Next 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:)
HI MainlanderAmazing 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:)
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 PMHI MainlanderAmazing 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 PMI 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 CloudsailMy 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..hereHere: 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 -> $3884 Sept 2019 -> $540
Is there a subsequent thread people "graduate" to with a higher limit?