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.
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.
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 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.