Tuesday, June 25, 2019

May 2019 Passive Income







Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • Amegy CD --- $329.88
  • T --- $231.54
  • OHI --- $137.94
  • GIS --- $49.00
  • HCP --- $38.97
  • PG --- $26.11

Retirement Account

  • VBMFX --- $230.55

Total May 2019 passive income is $1,043.99

Most of my income came from a CD, T, and OHI. I love it when I reach 4 digits in passive monthly income. Early retirement continues to exceed all expectations and life is fantastic!

My CD income will increase quite a bit starting next month as I sold my house and put some of the proceeds to work with a 2.25% 2 year CD. Considering the 10 year note is now hovering around 2%, I feel pretty fortunate to lock in this rate. Over the past year I have taking steps to increase my passive income in my taxable account from virtually zero to around a $1,000 a month. The ratio starting next month will be about 50/50 dividends and interest payments.

The picture is a random Thursday morning while staying at the Tremont Hotel in Galveston with my girlfriend. I love relaxing stress free mornings while I slowly sip coffee and create memories.


DEFY MEDIOCRITY

5 comments:

  1. Good lord MDP - That's awesome right there. OVer $1,000 in MAy. Just incredible. Glad you are enjoying that early retired like. Man oh man MDP, man oh man.

    Bert

    ReplyDelete
    Replies
    1. Bert,

      Thanks man! I'm in a pretty good spot right now. While the dividends don't cover 100% of my expenditures, they cover close to half and that drag against my draw down will be sufficient to make my early retirement very enjoyable with plenty of reserves!

      MDP

      Delete
  2. Awesome job Big Guy! I am right behind you, even if it is about three years! :)

    ReplyDelete
    Replies
    1. Anon,

      Those three years will pass much sooner than you think! Keep pushing!

      MDP

      Delete
  3. Do you mind writing an article on how your dividends coupled with the draw down facilitates early retirement? Curious about the numbers .. as it is truly inspiring.

    ReplyDelete