October was a good month for passive income. Compare to the first month of last quarter, passive income went down by about $40. I did pick up 80 more shares of MYC.
Election season scares me so I am just mostly sitting on the sidelines watching the stock market. The indexes are staying at almost their all time high with very little movement. For the rest of the year I think I will just hold on to my extra cash until after the election and the FED’s December meeting.
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||$841.87|
|2016 Passive Income YTD||$6,879.57|
To see my complete dividend portfolio and dividends earned year to date: