Here is the passive income I received during August.
Taxable Account
- AHITX --- $277.38
- T --- $150.80
- HCP --- $114.45
- KMI --- $99.64
- PG --- $54.79
- VZ --- $50.66
- APU --- $44.32
- CLX --- $34.02
- PAYX --- $30.52
- CAG --- $15.52
- ARCP --- $12.23
Retirement Account
- AHITX --- $111.55
- ABNDX --- $102.92
Total passive income received in all accounts is $1098.80.
New Capital Invested
- MCD --- $2400
- BP --- $1100
- BBL --- $900
- KO --- $900
- T --- $900
- CLX --- $600
- PM --- $600
- PG --- $600
- ESV --- $500
- BAX --- $500
- CVX --- $500
- APU --- $500
- PFE --- $500
- GM --- $500
- VZ --- $500
- ABALX --- ($15088.34)
MDP - Nice passive income stream as well as some very nice purchases. I see four companies that we also own in our portfolio and most the remain companies are on our watch list.
ReplyDeleteKeep adding to that dividend pipeline! Wishing you nothing but success. AFFJ
AFFJ,
DeleteThanks, my friend. The mutually owned companies are probably ideas I stole from you. :-) Thanks for visiting and I hope you have a great September!
MDP
Way to go MDP!
ReplyDeleteThe income is really rolling in as your aggressive investments are showing up in full force. I continue to look forward to your weekly purchases so much! Keep it up and thanks sharing your great ideas :)
Take care,
Ryan
Ryan,
DeleteThanks buddy! I am only taking credit for the ideas that work! :-) Keep up with own amazing progress. You are light years ahead of me when I was your age.
MDP
You could build a nice stand alone portfolio based on this months purchases all by itself! Incredible to see all these massive months of dividends. Between your fresh capital and dividends, you are building up a hell of a snowball!
ReplyDeleteW2R,
DeleteThanks for the kind words. I unfortunately started later than most building my dividend pipeline, but I am working hard to make up for lost time.
MDP
Passive income the 4-digits...woohoo! Congrats on that awesome number. I hope to reach that in a few years. Thats some serious capital going into work for you every week/month. Best wishes
ReplyDeleteR2R
R2R,
DeleteYou will definitely reach your goals. Probably sooner than you realize. Keep up the great work yourself!
MDP
Wow dividend income over $1000? That's awesome! I hope to reach this kind of monthly income late next year. Need to invest more capitals that's for sure.
ReplyDeleteTawcan,
DeleteYou are well on your way to reaching $1k. Keep up the great work investing each month and soon you will reach 1k and beyond.
MDP
Wow you destroyed your August total from last year by more than double! Great work.
ReplyDeleteCaptain,
DeleteThank you so much. I really started deploying a lot of capital starting in the middle of 2013 and its starting to snowball. Great job yourself last month!
MDP
MDP,
ReplyDeleteWow. Nice job, my friend. It goes without saying that four digits in one month is mighty impressive.
I hope to get there myself within a couple of years, but by then your pipeline will be bursting at the seams. You may have started later than some others, but you're definitely doing a great job of catching up! :)
Have a great weekend.
Best regards.
Jason,
DeleteThanks my friend. Reading about your journey provided the catalyst for me to stop just saving money and start buying solid businesses that will pay me for life.
I greatly appreciate all that you do!
MDP
MDP,
ReplyDeleteThat's awfully impressive both in the dividends you are receiving and the amount of capital you are using to buy more dividends and freedom to spend more time with family.
Thanks for sharing your update!
Swan,
DeleteThanks for visiting. It has been a grind this year, but I know the sacrifice will be worth the extra work I have been putting in this year.
MDP
MDP,
ReplyDeleteThe amount of capital you are investing is amazing. It looks like you may be selling off some of your mutual funds to buy higher yielding and higher growth stocks? If so, I think that's a good plan. You won't have to worry about management fees eating into your growth.
Keep it up!
AAI,
DeleteAbsolutely. I would sell off more funds, but I want to limit some of my tax exposure until next year. It will be nice to be rid of the funds fees in the future.
MDP