Once a month, I like to talk about my total passive income for the month. I do this to track how much is coming in. Once I get over $2,000 a month in passive income, I will be in a great place. $2,000 a month is my crossover point. At that point, that money will be enough to cover all my expenses.
Here we have my passive income for November.
The best way I keep track of my dividends and other income is by using Personal Capital. I highly recommended for you to sign up and start using their service. It is entirely free and beneficial.
Taxable Account: $827.00
Retirement Account: $58.83
Rental: $700
Total: $1,585.83
I updated my Passive Income page for the month.
Passive Income Report
Last month was another outstanding month. Passive income for November almost came in at $1600. The taxable income saw an increase of 81.86% Year over Year. That is impressive growth in just a year. I have been investing and saving a lot this year. I just hit the $10000 mark in the forward dividend. I am pleased about that. With my rental income and dividend income, I will be very close to $20k a year in passive income.
The retirement account saw a little increase of 6.46%. Like I mentioned before, I am not adding new capital to this account, but I do like how it has been growing organically.
Rental income continues to be moving along — nothing new to report there.
Overall, I am very blessed with how the month turned out. In December, I will pass the $1000 mark in dividend income. I am very much looking forward to that.
Also, make sure to connect with me on Twitter and Facebook. I post my latest buy as well as sharing great content that I come across.
How was last month for you? Hit a new high in passive income? Please let me know; I hope you did!!
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FV –
Over $800 is an insane amount for November for Dividends. Congrats on the $10k crossover/milestone for going forward dividends. You’ll be hurdling $12k soon, I have a feeling.
-Lanny
Thanks Lanny! I’ll be saving my money now for 2020 to pay off my home. So my goal will be to get to $11000 by end of next year!
Felix,
Congrats on a huge month. Over $1,500 is huge and getting close to your goal. Love seeing those forward dividends over $10k!
Thank you JC! I’m very blessed to be in this position! 😊