Welcome to the eighteenth (#18) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in October 2018. 

In case you are wondering why I'm sharing online my earnings - the answer is pretty simple - I like transparency and these reports help me to observe my progress or bounces. Hopefully, my reports can give some inspiration to you as well. (If so, please leave a short comment below) Also, I have a goal to reach one million dollars in my bank account by the time I will turn 60 (27 years still to go). 

In short, last October turned better than expected - mostly because I received two dividend payments which were missing in September, plus interest received on Mintos.com platform increased if compared to the previous month.

Disclosure: This article contains affiliate links to mintos.com peer to peer lending website, by clicking on links on this page and by making an investment on mintos.com, I might earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset. 

Both individuals and entities can invest through Mintos. Individual investors must be at least 18 years old, have a bank account in the European Union or third countries currently considered to have AML/CFT systems equivalent to the EU, and have their identity successfully verified by Mintos. At the moment, US citizens or taxpayers cannot register as investors at Mintos.

Sign up for Mintos.com here. By using my affiliate link for registration both you and I will receive — 1% of our average daily balance which should be paid in 3 installments for the first 90 days.

Interest income in October 2018

From the stocks, Mintos.com peer to peer lending and from cryptocurrency lending on Poloniex.com I got following income last month:

Ticker 2018 2017
Mintos.com €48.18 €35.94
LNR1L €12.21 €0.00
GZE1R €11.70 €0.00
NRZ €10.07 €0.00
PNNT €9.54 €0.00
OLF1R €8.91 €0.00
EPA:VTA €8.70 €0.00
ESO1L €8.33 €13.68
VIE:ATRS €6.75 €0.00
EDF €6.72 €0.00
CLM €6.18 €0.00
EDI €5.08 €0.00
Poloniex.com €2.66 €1.98
NCN1T €0.00 €11.70
  €145.07 €63.30

Total: €145.07 / $168.10

In total there were 13 great companies paying us dividends in October, that's 9 companies more if compared to the previous October. 

The YoY growth rate for my dividend income in October is 130.37%. That's just USD 95.53  more than a year ago. Now, this is the growth I really love to see.

Monthly income to the date

The cumulative earnings for 2018 are $1,194.66  which is exactly 99.56% of my goal for 2018 ($1200). It's just a matter of $5.34 and I will reach my yearly dividend goal. Awesome. As there are still 2 months till the end of the year.

2017 in Review and Financial Goals for 2018

Monthly Income chart as of October 2018

Monthly Income chart as of October 2018

On the average, I should pull about $2.67 each month for the next 2 months to reach my $1200 goal for 2018. Easy!

Goals for October 2019

This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting goals for October 2019 dividend income, let's see what I forecasted for this October a year ago:

A year from now I'm looking for a humble  $120 dividend income in October 2018

Well, we not only made $120 but exceed it by more than $48. Awesome.

When setting goal/forecast for October 2019 I will forecast $230 goal for next year. Should be easy!

There is one more goal I would like to mention - body weight loss, in last October I renewed my membership at the gym (Back to Georgia, Back to Gym). In 2018, on average I have gained 20 kilos, my starting weight on October 1 st was 120.5 (!sic) kilos. On October 31, it was down to 113.5 kg. Which is a weight loss of 7 kg or -5.49%

Now, there is still a lot of work and seems I will include a brief recap of my weight loss in future dividend income reports, just because it's important for me!