Monthly update: July
July has passed, I’m about to go on vacation to Italy and I plan to earn a lot of passive income while I’m there! In the meantime, here is the review of the month of July!
-Dividend income: €25,25
-YoY income growth: 252,16%
-Acquired 60 shares of JD.com and 100 shares of AT&T
-Used the first of my ‘Positive Debt‘
I’ve transferred €0 to my personal portfolio this month. Instead I used a line of credit at my Broker (interest rate of 1,5%) to spend $2137,03 and $3032,01. Also I’ve transferred €137,45 to my ETF account.
It’s the first time I used a line of credit to purchase a few stocks, I acquired the following:
-JD.COM: I wrote a piece about them in my last ‘Recent addition‘ series, and they continued to drop in price, enough reason for me to acquire 60 more shares of this ‘Chinese Amazon’.
-AT&T: As I’m a believer of the media future of this company I couldn’t keep myself from purchasing this stock around the $30 mark. I got 100 shares which give me a net $170 a year, more than enough to cover my interest charges for the credit I used.
The total net dividends for June were:
Making for a total of €25,25
This means I increased my dividends with 252,16% year over year. It was a slow month for dividends, the lowest of the year but compared YoY I’m still quite satisfied!
These are the companies which contributed this month:
Thank you for reading, I hope your July dividends were just as great as mine!