Thursday 31 May 2018

A Boring May update

May 2018 update

Contents:
1- Total passive income
2- House sale


1- My total passive income for this month is the lowest so far this year at £231.65 and of that £15.96 was from dividends. Why so low? A couple of things as my unit rental was missed this month (£100) and im down a further £125 with the loss of the rental form the house sale.
Ive been away alot this month so i was unable to purchase any more stocks but i have added a further £500 to the account so i have a ready cash reserve to buy anytime now. Maybe in June i will make two  purchases? Current account value = £4855.
2- The house is gone and i have the money in my account. Now i need to reinvest the money. My original plan was to buy more property to rent out and that idea is still on the table. But before i jump in im also going to look at maybe renovating a property to resell. Ive not decided yet. Its a nice feeling to not be in a rush and have the money at hand to invest.

Thats it for this post , short and sweet. I can see this blog getting very interesting as the story plans out.

On a side note i had some more free beer (22 pint bottles) delivered from my credit card that is paid off every month .  Using a credit card is a great way for small passive income.



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