Wealth Building & Income Update – August 2017

August was a fun month for me, but let’s see how it was financially with this months Wealth Building & Income Update.

Last months passive income was £11.99. This month there is a small dip to £8.25 (Note to self: try to stay calm).

August

Source

Amount

Dividend

£2.05

Bank

£0.00

RateSetter

£1.03

Property Partner

£5.17

Other

£0.00

Total | Change

£8.25

-31%

 

Apple alone provided the dividend for this month. Dividends income should improve for September through to November.

Income from Property Partner is growing steadily if we disregard the one-off promotional payments from last month.

Month

Dividend

Bank

Property Partner

Rate Setter

Other

Total

June

£26.10

£3.00

£3.70

£0.90

£0.00

£33.70

July

£2.09

£0.00

£8.88

£1.02

£0.00

£11.99

August

£2.05

£0.00

£5.17

£1.03

£0.00

£8.25

Total

£30.24

£3.00

£17.75

£2.95

£0.00

£53.94

Fingers crossed September brings an increase.

In terms of the overall portfolio, Crypto surged since last month and stock decreased slightly.

Portfolio Tracker – 1/9/17

Month

Stock

Ratesetter

PropertyPartner

Seedrs

Crowdcube

Crypto-coins

WiseAlpha

Other

Total

July

£9,895.62

£354.31

£1,790.72

£93.26

£330.00

£372.93

£301.48

£0.00

£13,138.32

August

£9,705.19

£355.38

£2,056.24

£108.85

£360.00

£646.42

£303.26

£0.00

£13,535.34

Nothing too exciting. Just need to keep buying and keep reinvesting income. Roughly £360 was used to add to the portfolio in August, I’d be happy to keep this up but I’m sure life will get in the way of that!

Thanks for reading.

 

8 Replies to “Wealth Building & Income Update – August 2017”

    1. Thanks for commenting!

      There aare so many different ways to earn passively, just usually takes time to build them!

      Property Partner is a crowd-raising property site where you buy a share in a property and earn dividend and valuation gains.

      Current average return is around 8%, not bad.

      https://propertypartner.co/

  1. Any passive income at all is still a positive. At least with dividends, it isn’t going to increase month to month every time since the payment cycles of stocks don’t hit every month. So if that helps you keep calm at all haha. Glad the crypto currencies are doing well.

    1. Yeah I think sometimes the dumb side of me expects the dividends to go up every month haha

      ahh the crypto is so violently volatile its already way down from that level. Glad I’ve only committed a small amount as I want most of my money in income generators.

      Thanks for comment!

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