I always love reading blogs about other investors’ investment income. Watching other people’s investment income rise is my second favorite thing (the only thing better is watching MY investment income rise!)
Here is our investment income for February, 2022. This report includes income from dividends, interest, mutual funds, and rental properties.
Overview
Without further ado, here’s what our investment income looked like for the month:
Dividend & Interest Income
Total dividend income for the month was $2,827.72. This is up 88% from last February and was driven almost entirely by our new investment in British Tobacco (BTI).
Rental income
This category includes net income from the 6 rental properties that my wife and I own, plus 50% of the income from 4 rental properties that we own with my mom. This number does not include appreciation of the properties or the decrease in the mortgage balance (those numbers show up in the net worth report).
However, this income is net of all mortgage, tax, and insurance payments. That is, this is a true cash flow report for our rental properties.
Total rental income was $1,993.24 for the month. Two of the properties needed to be painted (we were receiving letters from the HOA) and half the payments were due in February and the other half in March. It’s great that our rents have risen enough that we can cover these expenses and still turn a profit each month.
This month was a huge 152% increase over last February.
Total investment income this month
Dividend + rental income = $4,820.96
Our total monthly passive income was up 110% over last February. So far this has been quite the start to the year. We are just over double where we were last year and this has been the best start to the year since I’ve been tracking the numbers. It’s nice to start the year in growth mode – we spent almost all of 2022 trailing the previous year.
Changes
I bought more shares of Paramount and started a small position in Facebook. I personally hate Facebook, but the business is just unbelievably great and the price is shockingly cheap, so I’m going to hold my nose and buy it. I figure I hate cigarettes and I have significant investments in Altria, Philip Morris, and British Tobacco, so Facebook should be no different.
Recap
The market continues to drop, which means I’ll be able to reinvest this income at favorable rates. I’m excited that the year is off to such a great start and I’m already thinking about how to invest the large commission check I expect to get sometime this summer.
How did everybody else do with their investment income this month?
Are there any investments out there trading at reasonable valuations that I should be looking at?