Each month for the past three years, I have been receiving regular dividends in my brokerage account. Previously, these were part of InvestorBlogger’s consolidated income. From this month I will be reporting these as separated income.
-
Dividends = $111.19
-
Interest Payments = $28.00*
-
Other Income = $0.00
-
Total = $139.19*
That’s pretty much it for this month. I will shortly detail my current holdings. Also, I terminated nearly NT$100K worth of CDs because the interest rate was so low at about 1.2%. I should be able to get nearly 2.6% by opening new accounts. Since most of my money is in CitiBank, I’ll also be looking to spread the risk a little by opening accounts in the Post Office (currently the highest interest rates on the Island).
*When I was in the UK, I stupidly entered the wrong PIN number (three times!) thinking it was the right number – it was the old 4 digit number, not the 6 digit number we regularly use in Taiwan. Account access frozen except by ATM machine, so I’m unable to figure out my exact details. It would have been $28, but I broke two CDs and turned them into spending cash. Oh, well. At least security is tight!
This amount has been rising for more than 2 years now, since I started focusing more on dividend income. Most of this money has been reinvested in stocks or in CDs as it comes around. The goal is that this money becomes considerably more, and the current market mess provides some good market opportunities for purchases.