| Emergency Fund ($72K) | |
| College Fund (80K) | |
| Passive Income Streams ($4000 pm) | |
| Retirement Fund ($900K) | |
| Roof for our Family($1 mil) | 00.00% |
| Medical Fund | 00.00% |
| Life Insurance | Done (term life insurance payments initiated) |
Main Takeaways
- Stock funds seems to have bounced back this month. And so has the 529 fund.
- Passive income for April 2015 increased in comparison to April 2014.
- I compute passive income per month as (total passive income for the year) / number of months completed in year. So, for April, it would be (total passive income for the year) / 4. Doing it this way keeps the monthly passive income more realistic.
- But, $172 pm is far far away from $4000 pm which is my target 😦
- Compound Income…please hurry up!!
I look at the $72k emergency find, and the $4k goal in dividend income, I want to scream “make the free money work for you” “it’s Better to be in the market then out of it”
But I know you want the money for the hug correction in housing or stock dip.
The market do reward people with patience. You got your strategy down and clear.
I’m sure you’ll get your goal of $4k soon enough.
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