Passive Income December 2017

Thanks to my steadily growing portfolio of stocks, bonds and cash, I’m earning a regular passive income. Last month I made €603.70 ($725). Hence, December was by far my most profitable month in 2017.

Passive Income Monthly 2017
Passive Income Monthly 2017

A golden finish

I owe the extraordinary high passive income to two sources of capital. On the one hand, the British-Dutch oil and gas giant Royal Dutch Shell (€220.05) and the US-American biopharmaceutical company Gilead Sciences (€15.21) paid out their quarterly dividend. On the other hand, interest payments by ING-DiBa (€25.96) and MoneYou (€39.27), Sberbank (€167.50) as well as Schwäbisch-Hall (€135.71) increased my cash position through various savings accounts.

Passive Income December 2017
Passive Income December 2017

In 2017, I’ve earned a total of €2,041.53 in dividend and interest income. This corresponds to an average passive income of €170.13 per month (previous month: €130.71). Around 60 percent of the revenues were accounted for by dividends and 40 percent by interest payments.

Passive Income Total 2017
Passive Income Total 2017

Passive Income 2017 still just missed

Nevertheless, I just missed my goal for 2017, to generate an average passive income of €200 per month. However, in the end the gap wasn’t as huge as I thought it would be. This makes me optimistic about 2018.

Passive Income 2017 Target-Actual-Comparison
Passive Income 2017 Target-Actual-Comparison

How was your 2017? Did you reach your goals? Please let me know and leave a comment or get in touch with me on Facebook or Twitter!

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