My June investment income went down to $89.47 from $96.83 in April, I didn’t calculate my investment income in May. The decline is because I didn’t add to my investments and the stock market went down quite a bit. It wasn’t a good time to own BP. I should have sold my shares sooner but I didn’t realize just how big of a disaster the oil spill was. I won’t be adding to my investments this month either but my investments have recovered a little so my investment income should go up a little. This is a little frustrating since I was looking forward to getting over the $100 mark but as soon as I’m able to start adding to my investments I should reach the $100 goal.
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.