Wednesday, May 20, 2020

April 2020 Passive Income




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



Taxable Account

  • Taxpayer funded stimulus --- $1200.00
  • Amegy CD --- $527.72
  • MO --- $280.56
  • GEO --- $91.20
  • PM --- $70.20
  • M --- $64.18
  • BGS --- $47.50
  • BND --- $6.86

Retirement Account

  • 65/35 S&P 500/Bonds --- $239.96

Total April 2020 passive income is $2528.18

There are a couple of anomalies to report this month. First I received a government direct deposit as a result of the pandemic. I certainly don't need it and will gladly return it back to some local citizens via various charity donations.

I also received more interest income from Amegy this month because a CD I renewed in December was accruing interest rather than depositing it into my checking account. I finally had this corrected and received several months interest in April. The interest payment should be around $30 a month going forward.

I'm looking forward to the back half of this year as I have put a lot of capital to work recently.

DEFY MEDIOCRITY

7 comments:

  1. MDP -

    There you go. Big tobacco dividends coming in heavy. Hope Macy's comes back soon for you.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Crazy times continue! Tobacco and oil have been hit hard, but are storming back with a veangence. Macy's is crawling back along with some other hard hit industries.

      MDP

      Delete
  2. There's nothing like earning money without doing much work for it. Getting that stimulus check was good. Congrats on the strong passive income numbers for April.

    ReplyDelete
    Replies
    1. DP,

      Thank you! Things are improving more and more each month!

      MDP

      Delete
  3. I am new to investing and receiving dividends. I study all possible ways of investing. Thank you for sharing this information and your experience! Your experience is inspiring!

    ReplyDelete
    Replies
    1. RF,

      No problem at all. Keep investing in good times and bad. It WILL pay off in the end.

      MDP

      Delete