December was a very good month for passive income. Compare to the third month of last quarter, passive income increased by about 30%. Last month I increased my position in KMI, CVX and I-Bonds, and I took some year-end loss in AGNC, BP and XOM to offset the gains I had earlier this year.
My passive income reached over $6K (not including half rental property) for the year. It is a $1.5K+ gain from last year. At this pace, I should have my primary residence mortgage paid off in less than 10 years and the passive income should cover all my expenses by age 55. I am still investing very conservatively in the stock market with the stock volatility and dividend cuts for some companies. Next year I will continue to increase my position in Muni and I-Bonds. Even though some experts have warned about the risk of high yield Muni bonds with rising interest rates, I still like the fact that I pay no federal and state taxes.
|Emergency Fund Interest||$41.74|
|Monthly Passive Income||$605.74|
|2015 Passive Income YTD||$6,148.02|
To see my complete dividend portfolio and dividends earned year to date: