2 Paychecks Today – Zero Work
The middle and the end of the month are always the times when the dividend payouts are highest, so being the final week of July, I thought I’d check in on the DDI portfolio today to see what’s up.
After logging into my WellsTrade account, I found that today I received two checks, one from Campbell Soups (ticker: CPB) and the other from my monthly Oil & Gas trust Sabine Royalty (ticker: SBR) for a total of $69.10. Nice – I’ll take it! Since tomorrow is the last day of the month I expect to get a good number of checks then too….we’ll see.
While I haven’t written many updates recently, I have been continuing to add new positions as well as build on existing ones with the cash stream generated by the DDI portfolio. I hope to give a brief update on all the new positions in the next few days.
With all the new additions to the portfolio, I’m now on track to generate over $500 consistently each month in passive payouts. It feels good to finally complete my first goal of producing $500/month in passive income – now it’s on to $600 and beyond!