Welcome to the eighteenth (#18) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in October 2018.
In case you are wondering why I'm sharing online my earnings - the answer is pretty simple - I like transparency and these reports help me to observe my progress or bounces. Hopefully, my reports can give some inspiration to you as well. (If so, please leave a short comment below) Also, I have a goal to reach one million dollars in my bank account by the time I will turn 60 (27 years still to go).
In short, last October turned better than expected - mostly because I received two dividend payments which were missing in September, plus interest received on Mintos.com platform increased if compared to the previous month.
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Interest income in October 2018
From the stocks, Mintos.com peer to peer lending and from cryptocurrency lending on Poloniex.com I got following income last month:
Ticker | 2018 | 2017 |
€48.18 | €35.94 | |
LNR1L | €12.21 | €0.00 |
GZE1R | €11.70 | €0.00 |
NRZ | €10.07 | €0.00 |
PNNT | €9.54 | €0.00 |
OLF1R | €8.91 | €0.00 |
EPA:VTA | €8.70 | €0.00 |
ESO1L | €8.33 | €13.68 |
VIE:ATRS | €6.75 | €0.00 |
EDF | €6.72 | €0.00 |
CLM | €6.18 | €0.00 |
EDI | €5.08 | €0.00 |
€2.66 | €1.98 | |
NCN1T | €0.00 | €11.70 |
€145.07 | €63.30 |
Total: €145.07 / $168.10
In total there were 13 great companies paying us dividends in October, that's 9 companies more if compared to the previous October.
The YoY growth rate for my dividend income in October is 130.37%. That's just USD 95.53 more than a year ago. Now, this is the growth I really love to see.
Monthly income to the date
The cumulative earnings for 2018 are $1,194.66 which is exactly 99.56% of my goal for 2018 ($1200). It's just a matter of $5.34 and I will reach my yearly dividend goal. Awesome. As there are still 2 months till the end of the year.
2017 in Review and Financial Goals for 2018
Monthly Income chart as of October 2018
On the average, I should pull about $2.67 each month for the next 2 months to reach my $1200 goal for 2018. Easy!
Goals for October 2019
This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting goals for October 2019 dividend income, let's see what I forecasted for this October a year ago:
A year from now I'm looking for a humble $120 dividend income in October 2018
Well, we not only made $120 but exceed it by more than $48. Awesome.
When setting goal/forecast for October 2019 I will forecast $230 goal for next year. Should be easy!