Friday, October 23, 2009

My Passive Income (23 Oct 09)

I managed to increase my passive from $ 600 to $761.00. My target is $3000, so that mean that I need to achieve $2239 more. I am glad that I am 25% there.


thenhow said...

hi, i am also looking into holding dividend stocks for passive income. dividends are paid out on average twice a year. How do I interpret $600 - (1) $600 every 6 months, or (2) $600 per month?

Freedom Achiever said...

Hi thenhow,
If dividends of $600 are paid out twice a year, then it should be case (1) and not case (2). That mean you get $1200 per year, or $100 per month.

Have you started your journey towards financial freedom?