Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Another late post due to long work hours. But none the less I managed to complete my December passive income report. I managed to hit the $3,000 mark again which is something I want to keep doing. Hopefully I can go further, but this is still better than nothing. See below for breakdown.
1. Dividend Stocks
My dividend payment increased by $110 due to a few Vanguard & SCHD funds that did their quarterly payout.
Total Dividend Income: $144.04
2. Option Trading
The market has been on a rollercoaster ride which makes it kind of hard to manage my puts and calls properly. Sometimes the timing doesn’t work for me and I end up getting assigned. Still my main passive income for the month.
Below is a breakdown of all the premiums I earned for the month:
- Covered Calls: $982
- Cash-Secured Puts: $2,063
- Credit Spreads (None): $0
3. High-Yield Savings
This month was much higher due to Netspend accounts paying their quarterly savings interest. I don’t think this will go up much as I typically pay all the bills leaving me at a deficit every month. Hopefully, things will turn around.
- Total Income from High-Yield Savings: $138.04
4. Atlas Earth
I finally subscription to Atlas Earth’s premium content. So every day I can collect additional Atlas earth in game money. So basically what I did was cash out $100 dollars to use for the monthly subscription of $49.99. This is a lot better than exchanging each dollar earn for 40 Atlas cash.
- Total Income from Atlas Earth: $20
5. Amazon KDP
This month was a bit much. I didn’t expect to sell so many books. I usually only sell around 1-3 books. Probably because of the holidays people are buying gifts and decided to buy my book!
- Total Income from Amazon KDP: $45.39
Total Passive Income For This Month
- Total Income from All Streams: $3,392.47
Here’s the full breakdown of my passive income for the month:
- Dividend Stocks: $144.04
- Option Trading: $3,045
- High-Yield Savings: $138.04
- Atlas Earth: $20
- Amazon KDP: $45.39
Final Thoughts:
I wasn’t expecting much this month because of how the market was doing. Somehow I managed to make over $3,000 which is something I was hoping on doing. I am pretty happy on the outcome. I can’t wait to see what’s in store for next year.
