April was a good month for passive income. Compare to the third month of last quarter, passive income decreased by about $30. I picked up 50 shares of GPS this month. My first purchase was at $23.88 and when it dropped to $23.41, I picked up more shares. I also picked up another 100 shares of MYC and traded VOO and for more VNQ.
Thank goodness for commission free trades. Since I like to do dollar-cost-average investing and trade in losers for winners, I do quite a few trades a month. On average I think I save about $40-$50 on commission free trades a month.
My strategy is to continue to invest 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, I will snatch it up. Besides investing in the stock market, I am on a mission to pay down my mortgage aggressively this year and build up my Muni Bond Funds.
|Emergency Fund Interest||$46.30|
|Monthly Passive Income||$851.50|
|2016 Passive Income YTD||$2,840.93|
To see my complete dividend portfolio and dividends earned year to date: