Monday, March 19, 2018

2017 Passive Income Coverage

As another year has passed by, I'm one more year closer to financial independence and retirement.  It feels like time just keeps flying by faster and faster... and I feel it especially so because I can see my children growing up.  I still remember bringing my firstborn back from the hospital and now he's talking with his own personality.  Looking back at his baby pictures and looking at him now just reminds me of how fast time flew by.

I mention financial independence and retirement as if they are two different things, and to me, they are.  Financial independence is the point in which I no longer need to work to survive since my investments can cover my living expenses.  With financial independence, I can still choose to work if I want to; it also gives me the independence to do work that I'm passionate about, without having to worry whether my salary can support my family.  On the other hand, retirement is quitting the workforce and no longer working.

For me, my goal is to reach financial independence ASAP and aim to retire by the age of 56 in 2041.  I still have a while to go before retirement, but I'm hoping to quickly get to the point where my passive income can cover all my expenses so that I don't need to worry about supporting my family in case I get laid off (God forbid).

For purposes of my "Passive Income Coverage" posts, I will only consider my dividend income and rental income.

Below are my dividends and rental income for 2017:

Friday, January 5, 2018

Monthly Report: December 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of December 31, 2017:

Monthly Report: November 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of November 30, 2017:

Monthly Report: October 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of October 31, 2017:

Tuesday, January 2, 2018

Bought: CAH, HCN, HCP, K, KHC, KMB, OHI, T, WBA

Happy New Year everyone!  With 2017 behind us, it's time to reflect on our new year's resolutions, our goals, our achievements, and our areas for improvement.  I make it a habit to set new year's resolutions every year and aim to achieve as many of them as possible.  Looking back over this past year, I have achieved a majority of my new year's resolutions so I'm very happy about that.  With the start of the new year, I'm optimistic that 2018 will be just as good, if not better, than 2017.

It's been a while since I've posted, but I plan to post my monthly reports for October, November, and December before the end of this month.

October was a great month for picking up stocks, and I did my best to capitalize on that opportunity.  I also made some purchases in November and December as well.  Below are my stock purchases for the months of October, November, and December:

Wednesday, October 11, 2017

Monthly Report: September 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of September 30, 2017:

Monthly Report: August 2017

I post an update every month on the taxable dividend income I receive in my brokerage accounts, the non-taxable dividends I receive from my Roth IRA accounts, the market value of my taxable brokerage accounts, the market value of my Roth IRA accounts, the market value of my 401(k) account, and my savings rate.

Below is the monthly report as of August 31, 2017: