Welcome to the twenty-sixth (#26) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in June 2019.
At the start of June, we booked an All - Inclusive tour package from Tbilisi to Turkey's Antalya and spent a week in a 5-star hotel SPA and resort in Belek.
I made the following long exposure picture in the last evening while in the resort:
Kirman Belazur Resort and Spa 5-star hotel in Belek, Turkey
$299.51 was taken from dividend stocks and peer to peer lending in June 2019. Ahh, so close to crack $300, that we could even smell it, but unfortunately not this time.
Actually, I doubt I will manage to crack $300 anytime soon (at least not this year, though anything could happen), but on the other hand we are in the two hundreds
Additional $408.80 were made from options trading, but as options trading is not actually a passive form of making money while you are sleeping it wouldn't be fair to include them in dividend income report. On the other hand option income is a nice way to give a boost to the overall portfolio.
And in fact, last month, income from options + dividends helped to generate 2.32% yield from the total value of the portfolio. That's about 27.84% annually.
Dividends + income from options trading made pretty decent $708.31 income last June. Awesome.
I have a plan for the next 3 months to make at least $600/mo. Let's see how it will work at the end.
Last but not least, last June I resumed my trading efforts with cryptocurrencies, and I made 0.232 ETH trading ETH options on Deribit. 0.232 ETH was worth of $71.68 at the end of June 2019.
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Interest income in June 2019
From the stocks, Mintos.com peer to peer lending and from cryptocurrency lending on Poloniex.com I got following income last month:
Total: EUR 267.42 / USD 299.51
In total there were 18 great companies paying us dividends in June
Mintos continues to be #1 in terms of interest income generated
The YoY growth rate for my dividend income in June 2019 was + 103.14% or $152.07 more than a year ago in June 2018. Now, that's some serious growth.
My journey towards million dollars in savings account now is more than 2 years old. The result, so far, looks quite good. Dividends are growing.
Monthly Income chart as of June 2019
The cumulative earnings for 2019 now are $1,126.24 which is exactly 55.07% from my goal of 2019 ($2,045). On average, it would ask me to generate $153.13 every month for the next 6 months to reach my goal. Looks easy now, as I'm pretty confident reaching this goal, as there are more months planned to have dividend income at the level of $200/mo and more.
Goals for June 2020
This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting a goal for 2020, let's see what I forecasted/said a year ago:
My goal for June 2019 is dividend income of $200. Should be easy.
Indeed, it was very easy. Not only $200 was reached and cracked, but almost $300 were cracked. Awesome.
For 2020, I'm looking to take at least $400 in dividend income.