Saturday, November 2, 2019

Year 2019 goal reached!

We reached this year's target on last week of October. To be exact target was 11,22 € short at the end of October and dividends received on 1st of November broke the target.

We did not make any investments, because the traditional money pit, car, was on yearly maintenace and on maintenance some issues were found. Good bye free cash.

Our this week's financial activity started on 28th of October. We sold our position at Nokia. We realised 444,77 € loss on this position. The reason was total loss of trust to management and cutting the dividends. We were considering increase our position after the q3 results are public. Now we are very happy that we decided to wait results, even we made some losses. This capital went straight to the next money pit, repairing the car. Actually this transaction is our first loss with Nokia. We have owned Nokia shares several times and so far we have realised profits with this share. In total now we are even with Nokia.

First income we received this week was from Telia. On Wednesday we received 57,01 € after taxes and fees deducted. On last day of October we received 19,97 CAD dividends after taxes from Transalta Renewables which is 13,62 €. From LTC Properties we received 7,09 € after taxes and fees deducted.

On the first day of November we had our investment loan payment. We paid back 213 € capital and 6,42 € interests and fees. We also received some dividends. From AT&T we received 96,81 € after taxes and fees deducted. From Verizon communications we received 45,91 € after taxes and fees deducted.

Our investment income in October was 320,94 €. Last year our income was 151,51 in October. We predict that in November we do not get more dividends than last year.  Our this year target was 3892,78 €, now we have accumulated 4024,28 € so we have accumulated 103,38%.







After reaching this year target, and setting the next year target to 5300 € we did some archeology work. We dug our archives and tracked down as much information as we could. We were able to dig up most of our passive income back to 2008. There are some inaccuracies in the data, but still most of the income is there.

From year 2008 onwards we have accumulated at least 16 843,45 € passive income, which is suprisingly lot. Income started to grow after 2015, being quite stable from 2008 to 2015.





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