It's been a crazy busy month and so this blog was neglected. My apologies. I've been occupied with after work gardening, making music, long walks, and watching baseball. Fun stuff. And gaining some listeners on Spotify.
Yipes - 666 listeners. Better watch my back!
Meanwhile, I get paid passive income through dividends on companies I own a tiny fraction of. As I earn these dividends, I reinvest to increase the next payout. And on and on and on.
I also add at least $1,000 month in cash to these dividends to build my positions.
The result of this after eight years of doing this is a substantial source of income. A few more years of this, and I can replace my work income with this and say "sayonara" to having a job. Whee!
The past month of dividend payouts were another knockout for me. 38 companies paid out a total of $2,509.99. In comparison of 2021's $1,046.46 I gained a whopping 139.86%
After doing this for a long period of time, the gain is really snowballing.
Here are the details...
Whitehorse Finance (WHF) is the big winner once again. I hold a lot of shares of them just so I can take the dividend and purchase other companies' shares to diversify.
I sound like a broken record, but if I can do this, so can all the ther idiots out there! It only takes commitment.