August was not a very good month for me in terms of passive income. The second month of the quarter yields the lowest amount of monthly passive income in my portfolio. Though, compare to the same month last quarter, I increased my passive income by $50 due to new investments in municipal bonds and a small increase in position in O and HCN.
With the volatility of the stock market in the last few weeks, I will be very cautious in adding additional funds to equities. Instead I will continue to invest in municipal bonds and increase my cash holdings. In the coming month I will also evaluate my realized short term gains so far this year and start exchanging losing stocks to offset the gains for lowering my taxes this year.
|Emergency Fund Interest||$41.63|
|Monthly Passive Income||$320.38|
|2015 Passive Income YTD||$3,935.20|
To see my complete dividend portfolio and dividends earned year to date: