September was a good month for passive income. Compare to the third month of last quarter, passive income went up by about $80. I sold 50 shares of KMI and picked up 10 shares of BMY, 20 shares of GILD and added 70 more share of MYC.
Couple of pharmaceutical companies that I have been following for a while reached their 52 week low so I decided to pick up some shares. I sold 50 shares of KMI to take a loss, so I could purchase BMY and GILD. I will buy back the shares of KMI at a later time and hopefully at a cheaper price.
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||$49.73|
|Monthly Passive Income||$768.16|
|2016 Passive Income YTD||$6,037.70|
To see my complete dividend portfolio and dividends earned year to date: