October 2019 Passive Income

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


Taxable Account

• Amegy CD --- $573.63
• PM --- $140.40
• MO --- $117.60
• TUP --- $108.00
• CAH --- $48.10
• M --- $37.75
• KMB --- $20.60
• GE --- $1.01

Retirement Account

• 65/35 S&P 500/Bonds --- $245.65

Total October 2019 passive income is $1292.74

Another solid income month. I closed out my E-trade account and sold off my positions and am adding new positions in my Chase account. I've been wanting to keep all my accounts under one roof for a while and Chase finally offers low fees on stock purchases with their You-Invest-Trade accounts. Right now I get 100 free trades!

Also 2019 is my first year with ZERO W-2 Income so I can sell off some positions without tax consequences. I love the rates on long term gains and qualified dividends in retirement :)

DEFY MEDIOCRITY

October 2019 Net Worth

All figures except my Jeep value are generated from Mint.com.

Well I finally broke through through hit a new net worth high for the year and hopefully I won't drop back down below $900,000 for a while.

My checking account is quite a bit higher because I sold off some positions. I plan to reinvest back into either the markets or perhaps start refunding my Lending Club Account. I never did earn more that about 6% on it, but with interest rates falling my maturing CDs will most likely fall below 2% when they renew and a fairly steady 6% income stream is perfect for me right now.

My current net worth of $904,935 is $28,008 higher than last October's $876,927. What makes this even more amazing is that I also spent $34,800 in cash to fund my lifestyle while making $0 in traditional day job earnings. This is escape velocity in real time and I LOVE IT!!

I also should note that my net worth despite spending over $60,000 during the last 20 months with again, ZERO day job income, has only dropped $1,000 since I retired at the end of Feb 2018.

Here is my net worth summary from October.

Assets

Checking --- $54,879
Savings/Investments --- $427,870
Lending Club --- $419
HSA --- $2,015
IRA --- $10,578
401K --- $393,263
2014 Jeep Wrangler --- $19,000

Liabilities

$3,089

Net Worth

$904,935


YTD Totals

2019      

 ***Jan 1,2019 --- 864,816***

Jan 31, 2019 --- $887,560

Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902

Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455

June 30, 2019 --- $894,816

July 31, 2019 --- 898,515

Aug 31, 2019 --- $894,960

Sept 30, 2019 --- $900,639

Oct 31, 2019 --- $904,935

2018

Jan 2018 --- $917,116

Feb 2018 --- $910,667

Mar 2018 --- $909,746

Apr 2018 --- $903,416

May 2018 --- $889,032

Jun 2018 --- $893,278

Jul 2018 --- $892,002

Aug 2018 --- $896,619

Sep 2018 --- $899,763

Oct 2018 --- $876,927

Nov 2018 --- $891,402

Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 

Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO