September 2021 Passive Income
September passive income increased with new app IOS app released. Overall an increase of 25%. From $119 last August to $159 for September.
What happened on September?
- Focused on releasing a new mobile app
How I was feeling?
- 4/5 rating overall
- Investing time upskilling on development, sales and financial literacy.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | no videos | 91.74 | 83.27 |
lopau.com | Blog | some seo and tweaks on design | 7.56 | 5.41 |
T-shirt business | Merch By Amazon | Enhanced Designs | 2.21 | 4.42 |
Print-On-Demand | Redbubble | no updates | 0 | 0 |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | 0 |
Cash Goals App NZ Road Code | IOS App | new app released | 14.76 | 6.93 |
Adobe Stocks | Adobe Artwork | no updates | 0 | 0 |
Bank Savings | Bank Interest | 0.8023 | 0.6106 | |
US Dividends | Stocks | 42.1 | 19.07 | |
NZ Dividends | Stocks | 0 | 0 | |
Total: | 159.1723 | 119.7106 |
August 2021 Passive Income
August passive income continue to be skwed from June income. Overall a decrease of -9.8%. From $132 last July to $119 to August.
What happened on July?
- Somehow stopped making youtube content
How I was feeling?
- 3/5 rating overall
- Investing time upskilling on development, sales and financial literacy.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | no videos | 83.27 | 84.49 |
lopau.com | Blog | some seo and tweaks on design | 5.41 | 3.56 |
T-shirt business | Merch By Amazon | Enhanced Designs | 4.42 | 2.21 |
Print-On-Demand | Redbubble | no updates | 0 | 0 |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | 0 |
Cash Goals App | IOS App | no updates | 6.93 | 8.43 |
Adobe Stocks | Adobe Artwork | no updates | 0 | 0 |
Bank Savings | Bank Interest | 0.6106 | 0.39 | |
US Dividends | Stocks | 19.07 | 22.96 | |
NZ Dividends | Stocks | 0 | 10.792 | |
Total: | 119.7106 | 132.7189 |
July 2022 Passive Income
July passive income bit skewed as June income was the highest. Overall a decrease of -51%. From $278 last June to $132 to July.
What happened on July?
- Somehow stopped making youtube content
- Put savings on term deposit thus low bank interest than normal
How I was feeling?
- 3/5 rating overall
- Investing time upskilling on development, sales and financial literacy.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | no videos | 84.49 | 75.12 |
lopau.com | Blog | some seo and tweaks on design | 3.56 | 3.84 |
T-shirt business | Merch By Amazon | Enhanced Designs | 2.21 | 2.9 |
Print-On-Demand | Redbubble | Started adding designs | 0 | 0 |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | 0 |
Cash Goals App | IOS App | no updates | 8.43 | 3.98 |
Adobe Stocks | Adobe Artwork | no updates | 0 | 0 |
Bank Savings | Bank Interest | 0.39 | 1.356 | |
US Dividends | Stocks | 22.96 | 25.80 | |
NZ Dividends | Stocks | 10.792 | 167.21 | |
Total: | 132.832 | 278.8521 |
Dividend Investing For Passive Income
So what dividend investing for passive income? Investing in companies that pays dividend is the simplest form for investors to create passive income. Ever wondered if you can live off from dividends from companies that you’ve invested in? In this post I will cover how to start in dividend investing to build that passive income goal. But, first off let us cover the basics.
What is a dividend?
To better explain I’ll give an example. When you buy shares of a company and the company makes a profit, the company may either use those profit to reinvest back to the company to further grow it, say they bump up their budget on their R&D. Others can choose to give portions of the earning back to their investors, which is you.
Dividends are generally paid in proportion to the shares held by investors. Not all companies pay dividends to investors.
When Are Dividends Paid?
A company’s board of directors determines the dividend payment schedule and amount to pay. Some companies pay investors annually, twice a year or quarterly.
In order to receive dividend payments you need to be holding shares of a company before the ex-dividend date. This is the holding time period to qualify for the dividend payment by the company.
Anyone who purchases shares of a company prior to the ex-dividend date, and holds the shares throughout the ex-dividend date will receive the dividend as announced by the company.
What is A Dividend Yield?
Dividend yield is the percentage figure calculated by dividing the total annual dividend payments, by the current share price of the stock.

For example, if a company’s annual dividend is $1.50 and the current stock price is at $25, the dividend yield is 6% ($1.50 ÷ $25).
So, How do I start in dividend investing for passive income?
Now we know what dividend are and payment schedule. To start, you need a brokerage account. A brokerage account is an investment account that allows you to buy and sell stocks. There numerous online brokerage account where you can apply now.
How To Pick Companies for Dividend Investing for Passive INcome
Dividend yields vary by companies, 2% to 6% is considered a good dividend yield, but a number of factors can influence whether a higher or lower payout suggests a company stock is a good investment.
Investors unsure which stock to pick should stick with the dividend aristocrat. A company will be considered a dividend aristocrat if it raises its dividends consistently for at least the past 25 years. Check this list from Time for latest dividend aristocrat and consider adding them to your investment portfolio.
Best to do a dollar-cost averaging to build up your dividend stock investment portfolio. Dollar-cost averaging is a purchasing strategy in investing that involves periodically investing a set amount of money regardless of the market price of the stock.
Also, consider setting up dividend reinvestment plan (DRIP) if your brokerage account supports it. A DRIP is a program that allows investors to reinvest their dividends into additional shares or fractional shares of the underlying stock on the dividend payment date.
Should I Pay Off My Mortgage or Invest?
One of the most often asked question, should I pay my mortgage or invest the money, alway an interesting question and the answer always varies.
Not one answer fits all. It depends on many factors. We need to factor the age, motivation, risk tolerance, market conditions, structure of the loan and how stable is your source of income.
Taking myself as an example and my approach, I’m 45 and took a on mortgage for 25 years. Before considering paying the mortgage I first look at my finances and where I stand.
- Emergency funds – I have an initial 3 months emergency fund saved and I bump up this figure from dividends from stock investments
- No debts – I have zero consumer debts and only the house mortgage
- Retirement savings – I used my Kiwisaver(first home buyer/retirement savings) for my first home buy and currently replenishing it again, I contribute manually.
- College/University funds – I have 4 kids, I wasn’t able to save funds for my eldest education and hoping to help pay the student loan after. However I did start Kiwisaver for my 2 kids and 1 with an index fund savings. So these are funds that grow over time as I put more money into them.
- Pay off mortgage
- Build wealth and give to charity
The last three steps is where I don’t follow the baby steps and make my own. I am increasing my net worth by investing in term deposits, stock market and crypto. I have a modest stock investment which is focused on dividend investing, I’ve been doing dollar-averaging every month. For the dividends pay out I pull it out to build up my emergency column further.
As for my answer, if I should pay off the mortgage or invest? I have a fixed mortgage loan and making extra payment is only available before the renewing the term. I am allowed to make 5% extra payment to the loan amount. My strategy is to save up to get the 2-3% extra payment before renewal and the rest of the income I would continue to invest.
June 2021 Passive Income Stats
June passive income is the best month so far. Income is a bit skewed from dividends pay out to some position I hold. Overall an increase of 64%. From $99 last May to $278 this June.
What happened on June?
- Started recycling designs last April and since then getting trickle of sales on Amazon Merch. Hoping to get out of the first tier with several more sales.
- Youtube channel is still going strong even without any new content,
- Most of the focus is trying to add quality content to my blogs.
- Dividends payouts is huge and just by dividends alone I am averaging $31 dollars month.
How I was feeling?
- Feeling inspired and what I’m doing seems to be working – can be slow but learning and studying how to get into the fast lane. 4/5.
- Investing time upskilling on development, sales and financial literacy.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | 1 new video added | 75.12 | 71 |
lopau.com | Blog | some seo and tweaks on design | 3.84 | 3.37 |
T-shirt business | Merch By Amazon | Enhanced Designs | 2.9 | 1.45 |
Print-On-Demand | Redbubble | Started adding designs | 0 | 2.77 |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | 0 |
Cash Goals App | IOS App | no updates | 3.98 | 4.69 |
Adobe Stocks | Adobe Artwork | no updates | 0 | 0 |
Bank Savings | Bank Interest | 1.356 | 1.372 | |
US Dividends | Stocks | Sold HOG and took a position on ATT | 25.80 | 15.28 |
NZ Dividends | Stocks | 167.21 | 0 | |
Total: | 278.8521 | 99.882 |
May 2021 Passive Income Stats
May passive income saw a decrease of 66%. From $166 last April to $99 this May.
What happened this month? Merchandise are starting to see some sales after improving the designs. Signed up for Redbubble. Sold my position on HOG and took a position on O and ATT. Started learning Swift in preparation for developing my next apps.
How I was feeling? Felt good that the print-on-demand is starting to see some income. 4/5.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | 1 new video added | 71 | 66.88 |
lopau.com | Blog | some seo and tweaks on design | 3.37 | 3.21 |
T-shirt business | Merch By Amazon | Enhanced Designs | 1.45 | 0 |
Print-On-Demand | Redbubble | Started adding designs | 2.77 | 0 |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | 0 |
Cash Goals App | IOS App | no updates | 4.69 | 1.69 |
Adobe Stocks | Adobe Artwork | no updates | 0 | 0 |
Bank Savings | Bank Interest | 1.372 | 1.316 | |
US Dividends | Stocks | Sold HOG and took a position on ATT | 15.28 | 11.68 |
NZ Dividends | Stocks | 0 | 81.634 | |
Total: | 99.882 | 166.41 |
April 2021 Passive Income Stats
April passive income saw an increase of 29%. From $117 last March to $166.41 this April.
What happened this month? Added stock position on QYLD. Added several more YouTube videos. Improving my graphic skills and started improving my shirt designs. Given up on Adobe Stocks until I get a bit better on graphics. Bulk of the income are coming from dividends.
How I was feeling? Overall feeling motivated and good 4/5.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | several videos | 66.88 | 76.28 |
lopau.com | Blog | some seo and tweaks on design | 3.21 | 3.01 |
T-shirt business | Merch By Amazon | Started shuffling designs | 0 | |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | |
Cash Goals App | IOS App | no updates | 1.69 | 0 |
Adobe Stocks | Adobe Artwork | no updates | 0 | |
Bank Savings | Bank Interest | 1.316 | .343 | |
US Dividends | Stocks | took position on QYLD | 11.68 | 8.51 |
NZ Dividends | Stocks | 81.634 | 25.858 | |
Total: | 166.41 |
March 2021 Passive Income Stats
March passive income saw an increase of 44%. From $65 last February to $117 this March.
What happened this month? Slow start. I started a Youtube series and saw an increase in views immediately. Stock dividends starting to pay up.
How I was feeling? Overall feeling motivated towards the end of the month 4/5.
Product | Source | Notes | Current Income | Last Month Income |
Just Another Dang Channel | Youtube Channel | publish new videos at the end of the month | 76.28 | 57.37 |
lopau.com | Blog | some seo and tweaks on design | 3.01 | 2.5 |
T-shirt business | Merch By Amazon | no new designs | 0 | |
Affiliate Marketing | Amazon Affiliate | no signup | 0 | |
Cash Goals App | IOS App | no updates | 0 | 3.98 |
Adobe Stocks | Adobe Artwork | no uploads | 0 | |
Bank Savings | Bank Interest | .343 | ||
US Dividends | Stocks | 8.51 | ||
NZ Dividends | Stocks | 25.858 | ||
Total: | 117.471 |
Progressing From One Type of Income To Another
On this post we will go to the some of the concepts of different ways income can be classified. In general terms income is money you can make in exchange of providing work (labor/service/product), capital at work(investment) or by luck.
Total Income = work + investment + windfall gain.
Temporary Income
Income is classed as temporary if the income flow ceases the day you cease work.
- Salary and Wages
- Business Profits
- Director Fees
Permanent Income
Permanent income on the other hand, does not depend on your active involvement(most of the time). Income flow would continue to work for you for the rest of your life and can be passed onto your beneficiaries.
- Interest
- Rents
- Dividends
- Royalties
Windfail Gain
The other main source of income is by way of a benefactor or simply luck. This is more about good fortune and just for information.
- Inheritance
- Marriage
- Lotteries
Attaining Financial Success
Having financial success involves progressively moving from 100% income coming from temporary income to be coming from permanent income.
The process to realising this is as basic as it gets. Each time you earn some money from work(temporary income), save and invest as much of it as you can to turn it into investments(permanent income).
How Does That Look Like?
Given the choice between $1000 now and $100 each year for the rest of your life which would you take?
This is the choice you would have to make everytime, spend it or invest it.
Let’s say your earned $1000/month and you started to invest that money where it can earn a 10% returns yearly that is $100/year. $100 divided by 12 months = $8.33.
You now have permanent income of $8.33/month
Now that is amazing. Progressively if you can increase your investment, your permanent income increase.
Amount Invested | Permanent Income/month |
$1000 | $8.333 |
$2000 | $16.333 |
$5000 | $41.666 |
And we haven’t factored in the power of compounding interest yet. I’ll cover that in another post. Basically the earlier you start and the longer your investment goes you would see exponential returns.
The goal is to invest savings so that permanent income flow continues to increase to the point where you can break the hand to mouth cycle that most of us are caught in. The choice to spend or invest is yours.
Most of us have a feeling that financial success is not something that can be attained, we probably feel that we would work for the rest of our life, and others just accepted that others will have extreme wealth and they won’t. The mentality needs to change, everyone started small, the more dedicated and educated you are in increasing your investments the easier it will be to become financially secure.
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