July is a big letdown w.r.t. dividends compared to June….but, there were no rough spots in July on the personal side. Yeah for that!
College fund stayed even again…zero progress for the second straight month is not so good…especially since I pump money into it every month.
401K took a hit in June…so, getting a positive gain in July was good news…not by much, but it is greater than zero 🙂
Passive income for July 2015 continued the winning trend vs last year.
I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
Total passive income is a sum of dividends + capital gains distributions.
July Passive Income = (total passive income in this year) / 7== $319.11 pm.
Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
I made a portfolio change in my IRA…moved some of the profits off to Vanguard REIT Index fund (VGSLX). This is my attempt at investing passively in real estate. I am happy I took this decision….somewhere in September/October time frame, I will think of adding to this REIT pile…I am expecting REITs to go down in price some more around that time. Lets wait and see!