Home online earnings Passive Revenue Dude (YR 3): Passive Revenue Report: February 2018

Passive Revenue Dude (YR 3): Passive Revenue Report: February 2018

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Passive Revenue Dude (YR 3): Passive Revenue Report: February 2018

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Hey!

I am excited to report February’s passive earnings whole, and share what I’ve realized with you. 

Sadly I am nonetheless diligently learning for the PMP examination, and so I do not assume I will be writing far more than as soon as a month for this weblog.  However that is okay. And I will be grateful as soon as this examination is over…if I cross! 🙂  Then I can begin writing extra often.
 

Normal Ideas on This Month: February was a fantastic month, and I would prefer to briefly share why; not due to a file quantity, or 4 digit passive earnings, or a significant change in my portfolio, however just because it’s is reflective of the system that I’ve constructed from years of diligent saving and investing and clever determination making. A system that you can also construct. Actually all it takes is diligence, endurance, and sacrifice.  It is unbelievable what you’ll be able to obtain with these three components.

This month I obtained $984 in passive earnings and it wasn’t due to something new that I did. All of this quantity from this month was from previous selections I made through which I’m now reaping the reward.  It truly is true that you just reap what you sow. It is a life-principle that I might not battle in opposition to!  You really do reap what you sow.  So I might say, sow deeply!


Dividends and Rental Revenue Obtained

I’ve a number of particular person shares, however primarily mutual funds, and in addition 4 energetic rental properties, which for those who’ve been following my story have various ranges of success: my Missouri Rental my Colorado Rental, and my two North Carolina leases: North Carolina 1 and North Carolina 2.  Listed beneath is the money stream that every of those belongings supplied this month:

In abstract, with dividends and rental money stream mixed, Whole Passive Revenue Obtained: $984.79.

Purchases

I all the time do my greatest so as to add to our Roth IRAs early within the 12 months and this February was no totally different. I nonetheless have an extended solution to go however I am pleased with my progress. My advice: all the time attempt to max your ROTH IRAs!


Ideas on This Month

This was a fantastic month for Passive Revenue, and I’m grateful for this month’s efficiency. In comparison with final 12 months’s February whole in 2017 of $179, my YoY progress for this month was 450%. Wow. 450% progress. Not a nasty means in any respect to proceed into the second month of the 12 months! 


I will notice that final 12 months I solely had 2 energetic rental properties…and now I’ve 4, which accounts for the key improve in YoY progress.  This could proceed by means of June, at which level precise, “new progress” might be extra precisely measured.  

With the addition of this month’s earnings to my Progress Tab I now have earned $1,996 in whole this 12 months in passive earnings.  Little behind my desired tempo, however I anticipate massive months on the 3-6-9-12 cycle to hopefully make up for it.

Thanks for studying as all the time. I tremendously admire your feedback and can do my greatest to all the time reply. 


Dan



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