Each month, I track my extra income out of trading. I am a DIY investor that uses options and ETFs to accumulate wealth. These posts focus on the monthly income that I get out of these trades. June was good and disappointing at the same time.
June was my “worst” month in options since I upgraded my portfolio in February. I realized a profit of 480,2€. That is clearly better than a savings account. So, no real reason to complain.
When I look at my portfolio, I see that 4 positions that I opened in May/Jun are now in-the-money. That means I can not close them at a profit. I probably have to roll them in a a week, so that I can keep the dream alive. These positions represent about 40pct of my portfolio. That hurts.
Other than that, my goldminers are still a drag on my portfolio.
Unless I can close some of these positions, July might be bummer as well.
When I calculate my YTD annual yield, I am at 14,13%, using as capital my average monthly capital in my trading accounts.
With a 30% tax on dividends in Belgium and 15pct foreign tax (in the most common case), dividends are really not my favourite part of investing. At least not while I accumulate wealth.
I got a total of 362,65€ in dividend in June. That is a lot!
Most of that comes from an active ETF portfolio that I have. The ETFs here are only available in distributing form. This is thus a side yield of that portfolio.
The other dividend comes from company stock that I have from a previous job. They become vested now, so I can sell them.
As I switched broker, I was eligible for a welcome bonus: a repayment of all my trading fees on the US markets. That means a refund of 278,8€. Looks like brokers earn a decent amount of money when we trade :-).
I struggle a little on how to represent this in my results. It is money that boosts my March, April and May trading results. I might at year end distribute this evenly over these 3 months.
Total cash flow
When I look at the total cash flow of the month, I do reach 1121,47€. That is just an amazing number, a second month in a row. And I stay realistic: both months had exceptional elements: capital gains from a call options and now a welcome bonus out of trading. I expect July to be a 600€ month.
How was your passive income?