Wednesday, September 2, 2020

Milestone: $600 a Month Passive Income

 A major milestone has been reached for my quest to retirement.  I am now making $600 a month in passive income!  That's $600 in my pocket, to pay bills, buy more dividends, or travel.  Well, not too much travel right now.  Other milestones are close as well, net worth, home value, etc. Things I don't normally share on here.  Also got rid of some home remodeling debt as well.  The pandemic continues to be an economic boon for our household finances.

Not much more to say - America is slowly opening back up, people are starting to come out from their homes, their eyes dilating from the bright light.  There's still a few riots (allegedly funded) in a few blue cities, but it doesn't change anything, so hopefully they will stop the nonsense, and let main street recover like Wall St. did (close to all-time highs again).

Major movers this month:

Abbot Labs - $5, 15 minute covid test, funded by the feds

Air Products 

Procter & Gamble (as expected)

McDonalds??? up 11%

Johnson & Johnson

Qualcomm

Mastercard

Target +17%!

Dividend Increases & Special Payouts

Essential Utilities (NYSE:WTRG) declares $0.2507/share quarterly dividend7% increase from prior dividend of $0.2343.

No cuts.  Yet.

August Purchases:

XEL - 4
IP - 6
WPC - 10
O - 5
WTRG - 7
SO - 5
GIS - 2
CVX - 4
ABBV - 2

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