Friday, January 6, 2012

It Goes Up, It Goes Down - Investing for Income

Well, our freedom fund went down today. It made me kind of sad for letting the profits go. But I'm already decided that I'll be making this a long term goal... To have a passive income from the stocks thru dividends. I added more funds into my account and bought some stocks that I researched yesterday with yields ranging from 6 to 10. They were great finds but not that liquid and its hard to find any sellers and also, price were wacko as one transaction can immediately affect your position in the trade. Some of these picks were already -4% just after 2 transactions.

I just keep reminding myself that I'm here for the dividends.

Annual Cash Flow: 100,587.43
Freedom Fund: +2.71%

No comments:

Post a Comment

The Year End Report Passive Income

The amount of passive income I received this year amounted to: - Stocks & Investments : 413,907 - Passive Business : 144,000 - Renta...