June was crazy for me as I was wearing too many hats. I had to admit many times that I was questioning my multiple income stream strategy over dividend income exclusively for total passive income. I didn’t give up, I was quietly slowed down blogging and focusing on finishing and solving all the problem that came up with my rental properties. By far, rental property income is the one income stream that allows me to retire early – it replaces the paychecks that I receive from my job. As busy as I was, the hours that I’ve put into my rental property is still way less than the 48 hours/week that I have work at my job. So, no whining there. LOL 🙂
Total Passive Income > Semi-Passive Income > Active Income
Dividend Income> Rental Property Income> Earned Income
Dividend is still ranking the sweetest on my list.
Amount Received from Dividend + Rental Property > Amount earned from job = Financial Independence (This is where I’m at right now … this might change once I get married to Mr. W, I haven’t input his numbers to see if it work).
I thought my dividend would take a huge hit after I sold >$50K in stocks to buy my property, but I was wrong, it barely dip. Then I received some good news. My highest position to date is BAC, and they’ve just increased the dividend by 50% (from 5 cents per quarter to 7.5 cents per quarter). CitiBank, JPM, GS they all raised dividend and share buyback, that means there is more room for the stock to go up in the foreseeable future, unless all hell breaks loose in UK and the rest of Europe.
Even if the share prices don’t go up, I still expect a hefty dividend increase from them. In retirement, the cash-flow is all that matter. Which makes my day when I read the news.
Here are the numbers:
|6/29/2016||GSPopup GOLDMAN SACHS GROUP||$6.50|
|6/24/2016||BACPopup BANK OF AMERICA CORP||$423.75|
|6/24/2016||PFGPopup PRINCIPAL FINANCIAL GROUP||$7.80|
|6/15/2016||CCPopup CHEMOURS CO||$0.06|
|6/10/2016||DDPopup DU PONT E.I. DE NEMOURS AND COMPANY||$3.80|
|6/6/2016||WMTPopup WAL-MART STORES INC||$75.00|
|6/1/2016||FPopup FORD MOTOR COMPANY||$25.95|
|6/1/2016||WFCPopup WELLS FARGO COMPANY||$201.40|
- January: $134.54
- February: $241.38
- March: $878.07
- April: $141.29
- May: $47.75
- June: $744.26
- Total: $2787.29
Yup! The total dividend that I’ve received in 6 months is $2787.29, by September, I should surpass the amount that I’ve received last year. My goal this year was $6K in dividend to receive $500/mo in dividend, I’m not going to make it, however, I will crush that number once my rental unit is up and running. 😛 Cross-my fingers.
What’s about you? How was your month? What does your 1/2 year looks like?