2017 August Passive Income Review

PassiveIncome

August was an average month for passive income. Compare to the second month of  last quarter, passive income went up by about $300. This increase was due to my company moving it’s dividend distribution from July to August. In August I added VT to my portfolio and added more shares of OHI and MYC.

All the stock indexes are continuing to do well in August so I am being very cautious of buying individual stocks. In August I added VT to my portfolio, and I plan to make purchases of this ETF for as long as I still have a day job. I will count the dividends as part of my passive income, but in eighteen years VT will go to baby butterfly’s college fund. I still want to open a 529 plan for baby butterfly in the very near future, but until then, I will just invest in VT. Since my parents are caring for baby butterfly free of charge, I am trying to convince my partner to put the amount that we would have to pay for daycare into a 529 plan. He is not thrilled about the idea. He thinks there are better investments out there than what’s being offered in the 529 plans.

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.

Amount
Dividend $721.54
Emergency Fund Interest $59.96
I-Bond Interest $105.70
Misc $0
Monthly Passive Income $887.20
2017 Passive Income YTD $6,179.48

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:

My portfolio

Cheers,

Lady Butterfly

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