October 2013 has come and gone. During the month, passive income through dividends having been paid to me.
The total for this month is $229.49. This is a slight increase from 3 months ago. This increase in dividend income is due to dripping a few companies. Due to the market being where it is, I am being cautious with my money as trying to buy stocks at good long term prices.
Not included in this amount is a distribution payment from Dundee REIT in my margin account. This is a trade and all income will stay in this account to help grow the cash in this account to be used for investing or transferred to the TFSA for the same purpose. As this a trade, I am treating it different. Recently I decided to pay myself first 35% which is up from the 30%. If money is left over at the end of the month, then I put this amount into my investing account.
Currently, the income received from Dundee REIT in the margin account is $203.47 after 5 months. As indicated in the above paragraph this entire money is staying in the account or be transferred to the TFSA account.
I will update my dividend tab with the above total.