Live Off Dividends

Passive Income and Personal Finance

Month: June 2017

Net Worth Update: May 2017

Another positive month! Nothing major here but it’s definitely a step in the right direction.

For those wondering, I use  Personal Capital to help track my net worth and I highly recommend giving it a shot (it’s completely free). You can link all your accounts and it does all the work for you. It also gives you access to a bunch of really cool tools, like the investment checkup tool.



My home value stayed the same at $100,000.

My truck value decreased from $6,700 to $6,591

My car value decreased from $5,400 to $0.00. (I sold it).

Total: -$5,509

Investment Accounts

My Robinhood account increased from $37,162 to $38,127 this month.

My Roth IRA decreased from $14,014 to $14,013.

My 457b increased from $4,679 to $5,083.

Total: +$1,368


My cash increased from $1,463 to $6,233.

(I managed to sell my car last month that’s where this large increase came from)

Total: +$4,770


My total assets increased from $169,418 to $170,047.



My mortgage decreased from $59,745 to $59,599. I managed to pay a little extra on my mortgage this month.

Total: -$146


My net worth heading into June is $110,448 up from $109,673 last month! This was a $773 increase or a 0.70% increase. Not a huge increase this month but I’ll take anything that’s headed in the right direction. I’m hoping for a good month in June!


I think it’s important to track my age and where I fall percentage wise in my age group as well. I’m currently 23 years old and my net worth puts me in the 96th percentile. Here’s the link that I use to calculate that as well.

This post may contain affiliate links.



Rental Property Update: May 2017

Back in February I purchased my first rental property. It is a two family that I owner occupy. It’s worked out great so far and it allows me to live at a much lower cost then if I were to have bought a single family. Obviously, I would be doing much better if I wasn’t occupying one of the units but I need somewhere to live.


As of May it now costs me an average of $186.40 to own this house. That’s really not bad all things considered. I could get $750-$800 for my apartment so if I didn’t live here I would be profiting somewhere between $563.60-$613.60 and then when the mortgage is paid off $854.39-$904.39 which is what I’m really looking forward to. An extra $850/month would be awesome.

May was the first month that I made an additional payment on my mortgage. Though it was only an additional $60.78, if I continued to make that same extra payment for the life of the mortgage it would reduce my 30 year loan to 21 years. I would like to pay it down even faster than that but money is pretty tight right now and I’m working on another house deal. My father and I are partnering on a deal for 3 properties with a total of 7 units. Our estimated close date is July 28th, but it could be sooner depending how fast the seller and his attorney want to work. I will include those three properties in this post when the deal comes to fruition.


Dividend Portfolio Update: May 2017


I had a great month for dividends and a good month in general. My year over year growth was huge this month! I’m still not caught up but I’m definitely back into the swing of things.

Dividend Increases: 2 Increases

Apple increased their dividend from $0.57 to $0.63. This was a 10.5% increase and will earn me an extra $1.20 annually.

Pepsi increased their dividend from $0.752 to $0.805. This was a 7% increase and will earn me an extra $2.97 annually.

Together these two increases will earn me an extra $4.17/annually or $0.34/monthly with no extra money invested. For 2017, May included, I’m averaging a $0.505/month increase with no further money invested.



These are all the companies that paid me dividends in May amounting to $116.40.


My dividends year over year in May increased from $45.60 to $116.40. This was a 155.26% increase year over year! I think June will be the first month this year that I don’t see year over year growth.


I received a total of $920.90 from dividends in 2016. I’m currently at $461.04 which is almost exactly half of my 2016 amount and there’s more than half the year left. I’m excited to watch this number surpass my 2016 total.


My total annual dividends increased from $1,207.618 to $1,239.80, while my average monthly dividends increased from $100.63 to $103.31. This was a 2.66% increase month to month!


May 8: Purchased 7 shares of MO at $70.91 for a total of $496.37.

May 24: Purchased 6 shares of LOW at $78.70 for a total of $472.20.

May 25: Purchased 1 share of O at $55.26 for a total of $55.26.


No sells this month.


May 11: Deposit of $440.

May 30: Deposit of $440.

Total: $880

Well, I sold my car this month so that took a lot of pressure off of me. I’m still working on a real estate deal that may close in June. I haven’t caught up on any of my behind contributions because I’m going to need cash to close on these houses and want to be sure I have enough.

I was behind 11 contributions last month and I’m still behind 11 contributions, totaling $4,840. I’m hoping I have a decent amount of cash left over after this deal so that I can catch back up. I get paid three times in June and my birthday also falls in this month so it should be a pretty good month!

Rental Property: $650

I received $650 for rent in May.






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