My July investment income rose to $82.37 from $76.49 the month before. Part of this rise was due to adding more money to my portfolio but most of the rise was from stock market gains. I won’t be adding any money to my portfolio this month so any rise will have to come from further stock market gains. I’m happy with the way my investment income is rising. It still has a long way to go to reach my goal of covering expenses of $1000 a month. If I could lower my expenses and start adding more to my portfolio though this process could be greatly accelerated. That is something I am working on.
Disclaimer: This is not my actual investment income. To get this figure I first add up my retirement savings, emergency fund, and any other money I consider permanent savings. What the total of my savings would earn at 6% interest for a month is my monthly investment income.