March was a decent month for passive income. Compare to the second month of last quarter, passive income decreased by about $40, but this is largely due to the extra year-end dividend distribution in December. Last month I picked up 25 shares of LLY. My first purchase was at $71.25 and when it dropped to $68.71, I picked up more shares. I also picked up another 50 shares of MYC.
My strategy is to continue to invest very conservatively in the stock market, but when I see a great deal, I will continue to buy. I am in it for the long run so when a stock reaches the 52 week low, it is often a good buy for me. Besides investing in the stock market, I am on a mission to pay down my mortgage aggressively this year.
|Emergency Fund Interest||$40.31|
|Monthly Passive Income||$568.84|
|2016 Passive Income YTD||$1,989.43|
To see my complete dividend portfolio and dividends earned year to date: