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.
Putting pen to paper, i'm hoping this will help me invest better and to decrease or avoid costly mistakes. My Aim is to be financially free within 10 years. This is my journal and not financial advise.Its an open diary :). I make no apology for poor spelling or grammar, that's just the way i am.
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