Another month in the bag and some cash in the pockets! These really are my favorite posts to write, if only because I get to spend some time reviewing how much extra cash I’ve collected by investing wisely and sitting on the sidelines watching it grow! If cash is king, than passive income is the mountain on which he is perched! September was a positive month all the way around with a record dividend month and solid P2P lending numbers. Doesn’t hurt the readership came back with a vengeance as my posting has become a bit more predictable and regular. So without further ado, let’s dive into September’s passive income and blog update!
September Passive Income and Pageviews:
Blog Pageviews: Whew, check out all those sweet views! After some summer doldrums in pageviews given my few months off due to getting married, things have bounced back quite quickly, turning in one of my higher months in the 20-month history of Write Your Own Reality. Side note: 20 months! Holy moley, time flies! During last month’s passive income update, I set a short-term and impromptu goal of 5,000 pageviews for the month of September and I was able to clear that with a nice margin.
My secondary goal for the year is to hit 20,000 unique visitors, or users as Google now calls them. I continue to track along well with this goal, hitting a total of 13,441 for the year to date. While I’m behind the annualized pace for this goal, I’m hopeful and confident that the increase in readership each month will translate into a late year push toward obtaining this goal. So, shameless plug here, share this post using the sharing buttons at the bottom of the screen! High-fives all the way around for teamwork!
Lending Club/Prosper: Okay, now onto the money portion of this show… As I first did last month, I am combining my two peer to peer lending accounts in one summary for simplicity and brevity. September was a dip from last month’s strong numbers, but continued to chug along bringing in a total of $124.56 across all three accounts. Each account was hit with a default (my Roth had a couple of them) bringing my net interest number down. Nothing out of the ordinary here, just another successful month of triple-digit interest income.
At this point, I am quite confident I will not hit my annual goals for the year; however, as discussed before, this is mostly due to the maturation of my accounts, hence the defaults, and an overestimation of fresh capital. I am getting awesomely close to the $18,000 mark of total assets across all three accounts. Given I expect to earn approximately 10% per year of net interest, my peer to peer lending accounts are really a strong source of passive income. Prior to the end of the year I’d like to see if I can get these close to the $20,000 mark with some fresh capital to kick off 2015 with a bang! I’ll be doing a detailed review of my peer to peer lending accounts this month, so be sure to check back for that.
Dividends: Record setting month baby! Given my nine months of steady investing in my no-cost dividend growth portfolio with Loyal3, I’ve been able to set a record high this September, even without making many large investments this year. Fortunately, that should be changing going forward as my capital should be freed up a bit more for allocation to my dividend growth investments.
During the month of September, I received $178.87 of dividends from 14 different positions! Yes, 14! Compare this to just seven a year ago. Say hello diversification! And I’ve been preaching sharing the benefits of investing regularly with Loyal3 all year, and this month is a prime example as to the rewards of that. Six positions paid me a total of $20.19 in dividends in one month, after only opening the account and contributing either $300 or $500 per month. Every little bit makes a difference and the dividends I’ve received this month clearly reflect that.
Below is a list of all 14 positions, the dividends received, and whether those dividends were reinvested directly.
- Aflac (AFL): $11.43, reinvested into 0.185 shares
- American Realty Capital Partners (ARCP): $15.49, reinvested into 1.216 shares
- Digital Realty Trust (DLR): $26.41, reinvested into 0.425 shares
- Ensco (ESV): $19.01, reinvested into 0.432 shares
- Lorillard (LO): $25.40, reinvested into 0.429 shares
- Mattel (MAT): $4.67
- McDonald’s (MCD): $5.09
- Meredith Corp (MDP): $14.41, reinvested into 0.311 shares
- Pepsi (PEP): $1.49
- Prospect Capital (PSEC): $20.33, reinvested into 1.998 shares
- TAL International Group (TAL): $25.99, reinvested into 0.609 shares
- Target (TGT): $4.49
- Unilever (UL): $3.37
- Wal-Mart (WMT): $1.08
As with previous months, I am directly reinvesting all my dividends until my annual dividend income falls between $2-3,000 per year in a particular account, allowing me to reinvest more selectively a few times per year. This of course is always subject to change. For the dividends in my Loyal3 Portfolio, they will be selectively reinvested as earned or combined with additional contributions monthly. You can read about the dividend reinvestment options with Loyal3 in my Snowball City – Loyal3 Dividends post.
In addition to the dividends being reinvested above, I also made $525 worth of purchases in my Loyal3 account. The details of those purchases can be found here: Trades – September No-Cost Dividend Growth Portfolio Purchases. In addition to my Loyal3 transactions, I purchased 18 shares of Deere & Company during September.
When factoring in my dividend reinvestments, dividend increases, and the stock purchases during the past month, my forward 12-month dividends increased to $1,628.76. This represents an increase of $80.72 from August’s mark, and an increase of $389.28 from a year ago. The below chart reflects my dividends received, as well as my forward 12-month dividends since the beginning of 2013, when I started tracking things on the blog. Man, what a beautiful looking chart!
Passive Income Summary
During September, I received a total of $303.43 of passive income, well diversified across my two investment types, dividends and peer to peer lending. Overall, my year-to-date passive income earned is $2,411.89, which is just $231.59 away from exceeding last year’s total. For the 2014, I am averaging $267.99 per month of passive income. I should be able to pass 2013’s passive income total sometime in October. You can find below my updated passive income chart showing my overall passive income for the last 21 months, since January 2013.
September was a solid month for passive income and a great month for blogging. Looking forward to finishing the last quarter of 2014 strong! I hope all of you are planning a sprint to the finish like I am!
Don’t hesitate to look around; you can find details on the various aspects of my passive income pieces under their respective pages, Lending Club, Prosper, and Dividend Growth. Additionally, you can find all of my monthly updates under the Passive Income Updates page, and all my monthly updates and incremental progress towards my 2014 goals on the Goals page.