My February investment income rose to $97.32 from $97.23 the month before. This was due to an increase in the value of the funds and individual stocks I hold in my portfolio since I did not add any money to my investments. I’m hoping I can get this over $100 in the next few months but I’m not yet sure when I will have additional money to add to my investments. My cash reserves are lower than I prefer right now and I won’t be adding to my investments until I get my cash back up to what I consider a comfortable level.
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. You can see what my actual investment income for the month was by looking at my monthly income report and adding the interest and dividend amounts.