Welcome to the fifth (#5) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in September 2017.
If you are new to my dividend income report series, where I'm sharing my progress towards financial freedom, here is the backstory in short - I started my wealth building adventure (portfolio) in January 2017 with a simple goal to invest $8,561 this year in several batches. First months of the year generated me nothing much, but starting May it has started slowly and steady to increase
September was a decent in terms of dividend income, in total I managed to earn $55.08 by doing nothing much, just investing in great companies, playing a little bit with cryptocurrencies and lending out money via peer to peer marketplace.
About Portfolio September 2017
At the end of September, I've invested a total of $9,463.62 what already greatly exceed my initial plan for investments in 2017 and equals to 110.54% from this year's planned investments. Also, I've reached 0.96% from my ultimate one million dollar goal by the time I will turn 60 (in 2045)
For the sake of this and all future dividend income articles, I've converted all final/total currencies to the US dollar, though I've investments in GEL, EUR and USD currencies.
Net Worth September 2017
For the past 9 months, it has been a steady value growth resulting in a total of +1.33% value growth for the entire portfolio at the end of September. Here is the breakdown by positions:
- Mintos.com peer to peer lending: -2.21%
- Stocks: +2.34%
- Mutual funds: +4.33%
- Crypto investments: +12.87%
Despite mintos.com being the top performer in terms of dividend growth (loan repayments) in September, the total value of it has decreased for the second month in a row, and here is why - Georgian Lari currency lost its value against EUR. This is the thing that worries me a lot, as Lari has been a troubled currency for the last 3 years already (at least).
Also, after a great month of August, crypto investment value decreased from +50% and stock value dipped from +4%
Having a diversified portfolio helps, and it definitely helped me last September. A low but positive +1.33% value and I'm still a happy hippo.
Investment portfolio September 2017
I keep investing in - stocks, peer-to-peer lending, mutual funds, cash, and cryptocurrencies. The vast majority remains invested in Nasdaq Baltics and Mintos.com peer to peer lending loans (in EUR and GEL currencies)
About Investments in September 2017
Last month I invested additional:
- Nasdaq Baltics stock market: EUR 319.55
- Cash: EUR 195.5
- Cryptocurrencies: EUR 175
Total investments in September: EUR 690
From money invested in Baltic equity market I bought following shares:
- Energijos skirstymo operatorius (ESO1L ) - 350 Shares
This, Lithuanian company promises dividend payment in October.
Interest income in September 2017
From investments in stocks, peer to peer lending marketplace Mintos.com and from cryptocurrency lending on Poloniex.com I got following income last month:
- OlainFarm: EUR 10.89
- Mintos.com: EUR 35.83
- Poloniex.com: EUR 0.84
Total: EUR 47.56 / USD 55.08
Monthly income to the date
During past nine months, dividend income from my portfolio have produced a whopping $366.64, or 3.87% year to the date yield
Monthly income chart by September 2017
As you can see from the graph above, July has been the best in terms of dividend and interest payments so far.
Right now it looks I won't crack $100 anytime soon and if, then most probably in December, as I already hold few stocks with historical dividend payments in December.
Goals for September 2018 Dividend income
A year from now I'm looking for a minimum of $110 dividend income in September 2018.