We didn't purchase any new stocks this month. I actually probably need to talk to my daughter and see if she wants to purchase another stock at this moment.
LHO was the only stock, which paid dividends this month $19.81
Here is dividends month by month:
| 2015 | jan | feb | mar | apr | may | june | july | aug | sep | oct | nov | dec | |
| n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 49.81 | 18.7 | 28.91 | 50.27 | ||
| Total | 147.69 | ||||||||||||
| jan | feb | mar | apr | may | june | july | aug | sep | oct | nov | dec | ||
| 2016 | 18.73 | 41.03 | 52.35 | 19.11 | 42.47 | 53.88 | 19.46 | 43.03 | 69.24 | 19.81 | |||
| Total | 379.11 |
We are about to reach $400 next month in total and we should be very close to $500 by the end of the year, which is awesome passive income for 19 y.o. We automatically reinvest all her dividends.
She got another small scholarship from School of Business, so it means less stocks to sell from her portfolio. Our goal for her is to receive a Bachelor Degree without any loans. So far I am using 529 account to pay all differences after scholarships and FAFSA.
Thanks for reading and please share your thoughts.
Great progress for your daughter. Just seeing the year over year changes from 2015 shows how far you have come. All this in about one year. Look forward to seeing you hit your $500 annual passive income goal.
ReplyDeletethanks for your nice comment. Now she recalculated her graduation plan for college and started take more classes per semester plus more classes during summer, which is cheaper, so she might finish in 3 years instead of 4 and might even just keep most of positions in her portfolio for future!
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