2016 Passive Income Recap

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Happy New Year, everyone!

We’re only six weeks into our new Wednesday posting schedule and I almost missed one already.  Today, I want to give a quick recap of our 2016 passive income totals.

At the beginning of 2016, we set a goal to earn $6,000 in dividends (taxable accounts only) and $10,000 in private real estate lending.  So how’d we do?

I knew from the start our dividend goal was ridiculously aggressive and there’s was a good chance we wouldn’t make it.  From my point of view, there’s no reason to set easily attainable goals, so go big or go home.   Continue reading

Financial Impacts of Moving

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Last glimpse of our empty Texas house

The prevailing theme of this blog over the last few months has revolved around our recent move from the US to the UK.  Huge life changes like this often come with massive financial impacts.

Fortunately for us, the actual move itself was free.  Packing and shipping our household goods, airfare to London, and temporary lodging were all paid by the US Government.  After all, they were the ones responsible for our move.  For our family of five, I’d estimate the value of these services exceeded $15,000.

However, before moving we needed to sell our house along with many of our other possessions. Continue reading

Third Quarter Passive Income Update

It has been quite some time since we’ve provided an update on our passive income streams or discussed anything finance-related.  Between everything involved with moving overseas and not having a home internet connection for the majority of the last two months, this has pretty much fallen off our radar.  Thankfully, these income streams are passive, so they’ve just been chugging along as usual.

Dividends

I was really hoping to grow our dividends by about 25% over last year, but we’ve hit a few bumps in the road.  Namely, one individual stock in which we hold a fairly large position cut its dividend by 89% earlier this year costing us roughly $460 over the last two quarters.  Secondly, each of our index funds paid out significantly lower dividends this past quarter than they did the same quarter last year. Continue reading

Secondary Income – Q1 2016 Update

After writing the previous post updating our first quarter dividends, I realized some of you may be interested in an update on our other side income streams.  Here are our totals for the year so far and my rough projections for the rest of 2016.

Q1 2016 Side Income

Most of these look fairly similar to last year, with one big exception.  With our upcoming move, we will be selling a lot of stuff including two cars, an office desk, and possibly a few TVs.  I think $20,000 may be on the conservative side and wouldn’t be surprised if we come in over $25,000.  Most of these sales will happen towards the end of the second and beginning of the third quarters.

Stay tuned for our next update!

First Quarter Dividend Update

It has been a while since we’ve posted anything about our side income, mostly because not much as happened.  Now that the first quarter is in the books and all of our stocks and index funds have paid their quarterly dividends, I figured it would be a good time for an update.

Last year, we made $3,538.56 in dividends in our taxable accounts.  We also received dividends in tax-advantaged and retirement accounts, but I don’t really ever look at those and don’t view them as a potential source of income in early retirement so they are not included in these numbers.

At the beginning of the year, I set a goal of $6,000 in dividends for 2016.  I knew this would be super aggressive and there would be a good chance we’d fall short.  So how are we doing so far? Continue reading