June was a good month for passive income. Compare to the third month of last quarter, passive income went up by about $130. This month I added more shares of OHI, QQQ and SPY to my dividend portfolio.
All the stock indexes are continuing to do well in June so I am being very cautious of buying individual stocks. My company did very well in Q4 and our stock price went up about 10% the next day after releasing earnings. I sold 500 shares of my vested options, and turned around and bought index ETFs with the proceeds.
My investment 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 buy. My mission to continue to build up my Muni Bond Funds to cover the interest on what’s left on my mortgage continues.
|Emergency Fund Interest||$57.51|
|Monthly Passive Income||$897.84|
|2017 Passive Income YTD||$4,563.35|
I am very happy with this year’s passive income progress. Looks like I am on track to earn over 9K this year.
To see my complete dividend portfolio and dividends earned year to date: