Welcome to the twenty-fourth (#24) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in April 2019.
Despite Spring is in the full blow here in Tbilisi, we still managed to catch a little from winter at the start of the Month when traveled to the Stepatsminda village (this village has a Google Market) in the footsteps of Mount Kazbek
Mount Kazbek and Gergeti church in Georgia
$164.24 was taken from dividend stocks and peer to peer lending in April 2019.
Additional $214 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.
Disclosure: This article contains affiliate links to mintos.com peer to peer lending website, by clicking on links on this page and by making an investment on mintos.com, I might earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.
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.
Sign up for Mintos.com here. By using my affiliate link for registration both you and I will receive — 1% of our average daily balance which should be paid in 3 installments for the first 90 days.
Interest income in April 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 |
€43.54 | |
TKM1T | €38.97 |
ATRS | €13.50 |
NRZ | €10.22 |
PNNT | €9.68 |
CODI | €7.77 |
EDF | €6.82 |
CLM | €5.44 |
EDI | €5.15 |
AWP | €3.79 |
Poloniex | €1.74 |
Total: EUR 146.64 / USD 164.24
In total there were 11 great companies paying us dividends in April
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 April 2019 was + 72.03%. or $68.77 more than a year ago in April 2018. That's the growth rate I like.
Monthly income to the date
My journey towards million dollars in savings account now is already 2 years old. The result, so far, looks quite good. Dividends are growing.
Monthly Income chart as of April 2019
The cumulative earnings for 2019 now are $610.56 which is exactly 29.86% from my goal of 2019 ($2,045). On average, it would ask me to generate $179.31 every month for the next 8 months to reach my goal.
I'm pretty confident reaching this goal, as there are already several months planned to have dividend income at the level of $200/mo.
2018 in Review and Financial Goals for 2019
Goals for April 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:
When looking on April 2019 dividend income, it would be cool to reach $150/mo a year after.
Wow, I just did it, not only I reached $150 in dividend income, but also cracked this goal by humble 14 dollars. Awesome.
When setting goals for April 2020, I will say I want to increase dividend income by at least $70 - it translates in $234. Let's keep odd number. I like them. lol
I guess I will try to double / triple positions in following stocks - NRZ, PNNT, CODI, EDF, EDI, AWP and more - to get there