Once a month, I keep track of my recent earnings. This is my monthly income statement for January 2019.
Income Statement January 2019
In January 2019, I earned €394.76 ($450) in passive income. This is a huge increase compared to January 2018, when I didn’t earn any passive income at all.
It looks just like I couldn’t have had a much better start to the new year:
Last month, my passive income included the dividend payment from my FTSE North America-tracking ETF (€13.97).
Furthermore, I was also able to realize €380.79 in premiums by selling put and call options on British American Tobacco as well as another put option on Fresenius.
This is why I set myself an even more ambitious target for 2019, which is a passive income of €400 per month or €4,800 per year.
After the first month of the year, it looks like I’m pretty much on track for my new annual goal:
Portfolio Additions in January 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 January, 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 January.
BTW: I regularly publish my watchlist, which features all potential candidates for a prospective portfolio addition.