Over the years, I’ve found that when I track my dividend income, it tends to grow. My main reason for producing these reports is to motivate myself and hopefully others to do better financially. I’m just a regular guy with a day job that’s trying to get ahead and escape the daily grind like everyone else. Trust me, there are some financial bloggers out there that do a lot better than I do and are absolutely killing it. Why Do I Publish My Passive Income?įirst off, I’d like to say that I’m not trying to brag about my passive income in any way by publishing these reports.
For inflation protection we’ve also invested in commodities and precious metals (both physical and through ETFs and mining stocks). This decision has impacted these passive income reports, but has also strengthened our financial position. In short, it’ll be messy which makes diversification, I mean real diversification important for a generation of investors that know only rising asset prices.Īs I said in an earlier post, I’m paying off debt and building cash. I don’t think the road ahead will be smooth at all and we may face periods of intense deflation along with rising inflation in some areas. The inflation versus deflation debate has been dominating economists and macro strategists for the past year so I’m trying to position my family’s finances to withstand either one. I really think global central banks are caught between rising inflation that is hitting the economy and the huge deflationary impact that will result when the Everything Bubble bursts. The narratives we’ve been told by the media, politicians and central bankers is designed to keep we the people spending and chasing a host of bubble assets, only to have them pull the rug from under our feet. This is what a bubble looks like and I think a lot of people are going to get hurt.
#PASSIVE INCOME MEANING PLUS#
It’s not normal for housing to increase 20% plus for several years in a row. How low have interest rates been since the Global Financial Crisis of 2007-2009? Well, you may be surprised to learn that they’re the lowest in over 2000 years! Yes the last decade of inflating the Everything Bubble is not normal. The sad thing for stock and bond investors as well as home owners is that these markets are all propped up on record low interest rates. We’ve already seen a couple of hikes and they say there’s more to come. Now the Economic Gods have vowed to kill inflation which means ending QE bond buying programs and aggressively raising interest rates.
Food and energy prices are soaring and everyone is feeling the pinch. The Fed and global central banks finally acknowledged that inflation is not transitory and is getting worse. Inflation shows no signs of easing and is probably more sticky than the central banker eggheads are willing to admit. The markets are rolling over as record high inflation kills company earnings. Our long term goal is to one day be able to live off this passive income or at least have a significant portion of our family’s living expenses covered by it. We earned over $1,062 in passive income from investments and online sources in May! This is where I track our investment income from dividend stocks, index funds and exchange-traded funds (ETFs). Welcome to our May 2022 Passive Income report.
0 kommentar(er)
