Once a month, I keep track of my recent earnings. This is my monthly income statement for February 2019.
Income Statement February 2019
In February 2019, I earned €663.81 ($746) in passive income. This is almost a tenfold increase compared to February 2018, when I didn’t earn any passive income at all.
Last month, my passive income included the quarterly dividend payments from the world’s largest telecommunications company AT&T (€59.87), US retail pharmacy and health care company CVS Health (€15.24) and British tobacco giant British American Tobacco (€153.33).
Furthermore, interest payments from savings accounts at Consorsbank (€3.18) increased my cash position.
On top of that, I was also able to realize €432.19 in premiums by selling put options on Altria, Philip Morris and Tesla.
Right now, it looks like I’m pretty much on track for my annual goal, which is to generate an average passive income of €400 per month. And March will be another fantastic month in terms of dividend income.
Portfolio Additions in February 2019
On my way to financial independence, I constantly try to improve my income situation. To this end, I pursue a core-satellite investment strategy.
The core of my portfolio is a broadly diversified ETF portfolio, which I manage through value averaging. In February, I didn’t purchase any ETF shares.
My ETF portfolio is complemented by a high-yielding stock portfolio, which I manage according to my own stock screener. However, I also didn’t initiate any new position in February.
BTW: I regularly publish my watchlist, which features all potential candidates for a prospective portfolio addition.