Thursday, January 14, 2016

The Second Domino Falls: Income

With debt out of the way, it was only a short amount of time until enough productive assets were accumulated to reach my desired passive income floor: $40,000 per year.  This breaks down into $36K of dividend income and $4K of interest income per year.  Also, I have never disclosed this fact on this blog before, but I have an additional $10K per year of income that is reasonably consistent and completely unrelated to my employment, but is not strictly passive in nature.  This means I have not only $40K/year in passive income, but also $50K/year in total income unrelated to my job.

And no debt of any kind.

Clearly 2016 is going to get interesting...

No comments:

Post a Comment

Comment Policy:

1. Stay on topic. Don't hijack the post for your own purposes.
2. No spamming your products and affliate links.
3. No inappropriate language. This is a "G rated" blog.

Comments that don't adhere to this policy will be rejected. Note that the entire comment needs to follow the policy, as Blogger can only approve or reject comments in their entirety.

Note: Only a member of this blog may post a comment.