Video Player is loading.

Up next


Trending Up - Amateur Investing #28

Scott Cunningham
Scott Cunningham - 192 Views
32
192 Views
Published on 09 Sep 2022 / In People and Blogs

Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!

*Disclaimer: This is not financial advice and is purely for entertainment purposes. All my stock information is 100% accurate, but my crypto data may or may not be simulated*

I share everything so you can follow everything I’m doing with 100% transparency. The point of doing all this is to show you that it’s possible and provide some sort of framework that can be followed. This isn’t financial advice, and you shouldn’t exactly replicate my investing. What you should do is figure out what works best for you and stick to the basics of dollar-cost averaging, investing in good assets, avoid liabilities, compounding interest, be frugal, buy low, and sell high.

Investing Spreadsheet Template Link: https://bit.ly/investingtemplate
Income Tracking Spreadsheet Template Link: https://bit.ly/incometemplate
Budgeting Spreadsheet Template Link: https://bit.ly/expensestemplate

Below I will list everything for the monthly report:
I’m starting to slowly invest more in the stock market and continue to compound and reinvest my passive income earnings in more ETFs and crypto like HBD, Tron, and Atom. The market is all over the place, but it seems to be trending up and my last call on the bottom is right for now.

I am making an average of $96.65 a month from passive income from stock dividends, crypto income, and some from music royalties. I am not putting a lot more into these, but I will let them build back up slowly. I’m more focused on building up my privacy coin positions of which I will review as many as I can and compare them for a future episode.

My portfolio is roughly rounded to about 70% crypto, 6% stocks, 3% in precious metals, and 19% in liquid fiat cash. My total annual projected income from passive sources is $1,159. $396 of those yearly profits come from stock dividends and about $760 comes from cryptocurrency staking.

I didn’t invest at the best spot with my stablecoins, but now I’m in the green, so I’m happy with my decision to hold. The market has since dropped a bit but it’s been so volatile lately that I’m trying to watch it less closely.

In my last update, my total portfolio value was $149,424 CAD. My current portfolio value with all my investments is $175,755. This is up about $26,330. I’m still bullish and believe we have hit the bottom, but you never know in the world of crypto.

I earned $33.80 CAD from stock dividends and $56.37 CAD from the staking ATOM, HBD, and now Tron again. In total, I have earned about $1,208.18 CAD from crypto and $2,067.26 CAD from stock dividends.
My portfolio in terms of stock sector breakdown is just 100% into ETFs with 52% in VDY, 33% in FCCD, and 15% in XEI for passive dividend income.

Was this helpful for you? What stocks do you invest in? Do you prefer growth investing or building passive income? Do you invest in cryptocurrencies that pay out regularly? Let me know what you think about this in the comments below and don’t forget to subscribe!
👉 https://www.youtube.com/channel/UCDBycVghUbnimnzqirsU1Jg?sub_confirmation=1 👈

*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*

👥 Support Me & Follow Me Elsewhere 👥
👉 http://www.scottcbusiness.com
Ask questions in my Telegram: https://t.me/cryptoandthings
You can find all of my referral links here: https://linktr.ee/scottcbusiness
Use referral code 9433407 for FTX when you sign up for some free crypto!

~ Sponsors
- My top $SCB donors are Publish0x, Ralak, & JustyDoan on Memo.cash
- This video was sponsored by CakeWallet
#investing #finance #crypto #cryptoinvesting #passiveincome #stakingcrypto #staking #earncrypto

Show more
0 Comments sort Sort by

Up next