Welcome to the twenty-fifth (#25) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in May 2019.
Summer is finally here in Georgia and more time we are spending outdoors.
Actually, at the start of May, we took a short 10 day trip to Latvia, trying delicious seafood at Jūrmala restaurants and more. I would love to feature some great landscape of Latvian nature here, but I missed it as most of the time I made nice family portraits instead.
Photo of the month - HDR clouds over Tbilisi
Time after time I love to install a tripod at one (out of three) of our balconies and play with DSLR camera.
$216.17 was taken from dividend stocks and peer to peer lending in May 2019.
Additional $339.80 were made from options trading, but as options trading is not actually a passive form of making money while you are sleeping it wouldn't be fair to include it in dividend income report. On the other hand option income is a nice way to give a boost to the overall portfolio.
And in fact, last month, income from options + dividends helped to generate 1.89% yield from the total value of the portfolio. That's about 22.68% annually.
Originally I had a plan to make $300 or more this month (a plan I set a year ago), now at the end we didn't make it, but with the help of options income, we made $555.97
Super Charging May 2019 Dividend Income ($300/mo Goal)
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Both individuals and entities can invest through Mintos. Individual investors must be at least 18 years old, have a bank account in the European Union or third countries currently considered to have AML/CFT systems equivalent to the EU, and have their identity successfully verified by Mintos. At the moment, US citizens or taxpayers cannot register as investors at Mintos.
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Interest income in May 2019
From the stocks, Mintos.com peer to peer lending and from cryptocurrency lending on Poloniex.com I got following income last month:
Ticker | Earnings |
€63.31 | |
FGB | €24.05 |
SFG1T | €23.40 |
APG1L | €22.21 |
KNF1L | €13.17 |
EDF | €6.79 |
AMG1L | €6.22 |
CLM | €5.43 |
LNR1L | €5.31 |
EDI | €5.13 |
RA | €4.20 |
NCV | €3.77 |
AWP | €3.77 |
KNR1L | €3.40 |
Poloniex | €2.32 |
Total: EUR 192.67 / USD 216.17
In total there were 15 great companies paying us dividends in May
Mintos continues to be #1 in terms of interest income generated
Mintos.com Review After 24 Month of Investing in Peer to Peer Lending
The YoY growth rate for my dividend income in May 2019 was + 54.02% or $75.82 more than a year ago in May 2018. That's the growth rate I like.
Monthly income
My journey towards million dollars in savings account now is more than 2 years old. The result, so far, looks quite good. Dividends are growing.
Last May also did set a record in terms of dividend received, for the second time in history breaking and crossing $200 milestone. The last record was made back in July 2018, with $202.84
Monthly Income chart as of May 2019
The cumulative earnings for 2019 now are $826.73 (that's more I made in whole 2017) which is exactly 40.43% from my goal of 2019 ($2,045). On average, it would ask me to generate $174.04 every month for the next 7 months to reach my goal.
I'm pretty confident reaching this goal, as there are more months planned to have dividend income at the level of $200/mo.
2018 in Review and Financial Goals for 2019
Goals for May 2020
This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting a goal for 2020, let's see what I forecasted/said a year ago:
Now, I have a goal to crack $300 in May 2019. From today's perspective hard but doable.
Oops, I totally missed this goal. I'm short $83.83. But I will take it - because with the help of options trading we have taken more than $500 in May
When setting goals for May 2020, I will say $300 seems a good number to work with, but I want more - at least $350 for the May 2020