The first month of 2016 is almost over. So it is time to tell you the status of my Vrijheid Fonds and report my passive income for this month. January traditionally is a slow dividend income month.
This is a blog post about my favorite topic, dividends! I hope this post inspires other people out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn’t have to work a minute for it, is a wonderful feeling.
In total I received € 46.42 ($ 50.28) in passive income in January. My Vrijheid Fonds had one dividend increase. Realty Income raised its dividend with 0.3%. It is small, but very welcome!
If we take a closer look, the dividend was coming from:
- General Electric (GE) € 10.83
- Realty Income (O) € 7.50
- Vereit (VER) € 10.79
- Wal-Mart (WMT) € 17.30
That makes a total of € 46.42. This is an increase of more than 168% from last years January. This increase was mainly due to the new buys I made last year.
This is great! DGI at work!
For an update of my Dividend Income click the hyperlink. In 2016 I received a total in passive income of € 46.42
If we take a look at my Vrijheid Fonds (Freedom Fund), we can see that the value is higher than last month.
This month was a strange month. Mr. Market was in a depressed mood. It gave DGI’s great opportunities to buy on the dips. It was a pity I did not have capital to invest 😉 Overall January was a bad month for the markets. The Amsterdam Stock exchange is approx. 5% lower and the Dow Jones approx. 8% lower. In Japan it is even worse, almost -10%.
In January I made some changes in my mutual funds (see here). I decided to sell one mutual fund and buy back two other mutual funds. This because I want a part of my Vrijheid Fonds to consist of mutual funds. This are funds that will give me some nice yield and have a (very) low beta (e.g. bond funds). This is what I call my little save corner of my Vrijheid Fonds. With these changes my net gained projected dividend for 2016 for my mutual funds is € 234!
My total portfolio value at the end of January is $64,523, which is an increase of 0.24% over last month December (€ 63,965). I again donated € 400 of fresh capital to my Vrijheid Fonds.
Again this month I made a nice step in my journey.
Thanks for reading!
Because all figures I give are in Euro’s. Because the exchange rates is not constant (duh…) my passive income changes per month (even if the dividend stays the same). For the record: I only post my passive income from dividend the month I received it on my brokers account. And it is after taxes.