I always love reading blogs about other investors’ investment income. Watching other people’s investment income rise is my second favorite thing (the only thing better is watching MY investment income rise!)
Here is our investment income for November, 2021. This report includes income from dividends, interest, mutual funds, and rental properties.
Overview
Without further ado, here’s what our investment income looked like for the month:
Dividend & Interest Income
Total dividend income for the month was $2,820.17. This is up a 71.1% from last November. Most of that growth is due to my recent investment in British Tobacco, which was the largest dividend payer this month.
Rental income
This category includes net income from the 6 rental properties that my wife and I own, plus 50% of the income from 4 rental properties that we own with my mom. This number does not include appreciation of the properties or the decrease in the mortgage balance (those numbers show up in the net worth report).
However, this income is net of all mortgage, tax, and insurance payments. That is, this is a true cash flow report for our rental properties.
All properties are rented and only minor repairs were needed on one of the properties. In addition, we didn’t have to make a mortgage payment on the property we recently refinanced.
Total investment income this month
Dividend + rental income = $7,018.19
This is a big rebound from our negative investment income last month. We are now slightly ahead of our pace from last year, but we are still behind our pace from 2019 ($72,702.69 vs $78,744.12 through November)
It now looks very unlikely that we’ll even hit $90k in passive income for the year.
Changes
I purchased some more ViacomCBS this month, as it just keeps getting cheaper and cheaper. I’m hoping to pick up some more early next year as well.
Recap
Not much to say. The market still seems expensive overall, and now it looks like inflation is really about to skyrocket. I feel like our mix of stocks and real estate should provide decent protection against inflation. When inflation is coming you want to be a borrower, not a lender, and we have quite a few loans and no bonds, so I think we’ll be ok.
How did everybody else do with their investment income this month?
Are there any investments out there trading at reasonable valuations that I should be looking at?
Good job. Even if you don’t hit that goal this year you will blow by it next year. Keep it up.
I expect to be able to be able to invest another $1M next year, which means our passive income should go up by $30k just from new money. Hopefully we will get 5-10% on our existing passive income streams as well.