My December investment income rose to $90.93 from $89.13 the month before. This was all the result of gains in my investment portfolio as I did not invest any additional money in December. There will probably not be any additional investments made for the next few months, other than reinvested dividends, as I am trying to rebuild my cash after a couple of large purchases at the end of 2009.
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. My goal is to get this amount to $1000 a month. If I have $1000 in monthly passive investment income I will be able to retire early.
TFM,
Sorry but I don’t understand this post. Why would you post your fictitious investment income instead of the actual monthly income? If you earned only $75 in investment income because your stocks yielded 4% but you believe that you could earn 6%, reporting $100 doesn’t make any sense to me.
Best Regards,
DGI
DGI – I just use the 6% figure for ease of calculation and consistency. Since the amount of dividends and interest I receive fluctuates it is easier to just use 6%. I realize that might be a little high but since I started with that figure I’m sticking with it. When the time comes that I am actually going to rely on my investment income I will be sure to use my actual investment income. If you look at my monthly investment income you can add my dividends and interest to approximate my actual investment income. I do earn interest on some funds that I don’t consider long-term savings though so the actual amount of investment income is a little smaller. Hope that made sense.