July was, by far, the greatest month of dividend collecting to date for me. Practically $100 of passive income made its way into my brokerage accounts.
While you can’t get much with $100 today, this money will be reinvested into the market to collect even more dividends. Money working for money working for money. That’s what I like to see. I was not very active in the market the past little while, and it’s great to see that when life gets a little hectic, you can leave your little income soldiers to gather your cash while you’re off living life.
Now, let’s see which companies of mine were so awesome that they paid me to own shares this month…
July 2015 Dividend Income
| Tax-Free Savings Account | |
| T | $14.70 |
| PLZ.UN | $5.42 |
| D.UN | $8.40 |
| HR.UN | $4.95 |
| PGF | $3.90 |
| DRG.UN | $6.67 |
| AAR.UN | $3.90 |
| BNS | $15.64 |
| Non-Registered Taxable Account | |
| G | $4.00 |
| ZWU | $7.02 |
| T | $14.70 |
| CNQ | $9.20 |
| Total | |
| $98.50 | |
Passive Income Paying Necessities
From my previous dividend income post for June, I announced that my monthly necessities add up to $290. Considering I received $98.50 in dividends this month, that means my passive income had paid off 34% of my necessities. That’s pretty good, though it’s only such a high percentage considering I still live with my parents and so my necessities don’t add up to something more adult-like.
Total 2015 Dividend Income
In total yearly dividend income for 2015, I’ve now totaled $217.01 in dividend income. I can now say I’ve made over $200 in passive income! I’m sure there are billions of people who’ve never even tried. I’m set to achieve my goal of $500 before the end of the year in passive income. That is – while I sit on the couch, eat some fish, or play video games – I’m still being paid. 
Awesome progress, DB. Almost $100 – that will be a great milestone to cross next quarter! Keep up the great work and congrats on the dividend income.
R2R
Thanks for coming by R2R,
I’m really happy with my progress up to this point and the next quarter is already creeping up faster than I can keep up with. Slowly but surely things are coming along nicely.
Keep it up DB. While you live with your parents is when you should be banking hard. Hustle hard and sock every dime. Build up this fortress while you can before you have to move on and have a family of your own.
Thanks for sharing and I wish us the best. Keep it up.
DB
Keep the good work, soon you will hit the $100 dividend income milestone.
Keep the snowball rolling.
great progress. You have reached some nice numbers already early on. Maximize the investments while living at home is a great battle plan!
Great month indeed. There are a few names that I have in my portfolio as well. Any ideas for future buys?
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