June 2020 Passive Income

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


Taxable Account

• ABALX --- $620.61
• Amegy CD --- $421.28
• XOM --- $270.57
• BP --- $157.50
• WBA --- $86.47
• DOW --- $85.40
• IBM --- $78.24
• WFC --- $61.20
• RDSb --- $58.24
• UPS --- $43.43
• MMM --- $42.63
• JNJ --- $23.23
• KHC --- $16.00
• BND --- $6.07
• VFC --- $5.76
• EMR --- $3.00

Retirement Account

• 65/35 S&P 500/Bonds --- $1235.32

Total June 2020 passive income is $3214.95.


I love seeing the portfolio producing income across different investment classes and industries. Wells Fargo in the coming months will be paying out less as it has become the latest company to cut its dividend. No problem though as the overall portfolio keeps moving up through increases, drips, and new investments.

It looks like 2020 should exceed 2019 in the passive income department and hopefully I can continue building it. It would be nice to have a higher net worth as well. I am starting to feel confident in this actually happening.

Here is to the constant grinding and churning forward! Love this game!!

DEFY MEDIOCRITY

June 2020 Net Worth

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

Well I was able to squeeze out a slight gain for June and am almost back to $900,000. Talk about reversion to the mean.

I have been bouncing all around 900k for 2 1/2 years now and am still there. It's crazy. At the beginning of this year I was thinking I would would finally escape gravitational pull and hit that ever elusive $1,000,000 mark. Things obviously went sideways in a hurry back in March and I briefly dipped below $800k.

Fortunately I kept cool and shifted some cash into my taxable brokerage account and added mores stock. I also was the beneficiary of a timely 401k rebalance at the end of March. At the end of June there was another 401k rebalance back. Buy low sell high. Rebalance...Repeat.

Hopefully the back half of 2020 is a little more stable. We shall see.

Assets

Checking --- $6,112
Savings/Investments --- $454,452
Lending Club --- $50
HSA --- $2,015
IRA --- $10,588
401K --- $410,279
2014 Jeep Wrangler --- $16,900

Liabilities

$1,733

Net Worth

$898,663

YTD Totals

2020

***Jan 1, 2020 --- $926,699***

Jan 31, 2020 --- $923,180

Feb 29, 2020 --- $887,924

Mar 31, 2020 --- $840,075

Apr 30, 2020 --- $883,292

May 31, 2020 --- $897,577

June 30, 2020 --- $898,663

July 31, 2020 ---

Aug 31, 2020 ---

Sep 30, 2020 ---

Oct 31, 2020 ---

Nov 30, 2020 ---

Dec 31, 2020 ---

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

Nov 30 2019 --- $915,534

Dec 31, 2019 --- $926,699

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