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Dividend Portfolio Update #3: Crypto Passive Income
Hey everyone, I wanted to share another update on my dividend portfolio and my investing journey. We’ll cover my recent stock buys and the new ways I’m using to earn passive income from cryptocurrency.
I cover the recent stock buys I went through, share my portfolio breakdown updates, and celebrate passing my goal with crypto. My goal for 2020 was to earn $75 worth of dividends on average per month and now I’m well past that when crypto is included. I briefly touch on how I’m making money with crypto and tokenized real estate, but I will cover them in-depth in another video soon.
The Canadian stocks I bought from the Toronto exchange were VRE, CFZ, XEI, PDC, T, WBR, AD, REI.UN, CWB, and GWO. Now I don’t recommend you trying to copy my trades because the timing was important, but I do recommend you put in the time to research and track what you want to purchase and this isn’t financial advice. I also acquired real estate shares in RealT tokens and invested in KCS, BTT, TRX, BTMX, and several other coins that I could stake or hold to receive payments via dividends and or payment sharing.
This was my last update which covers a lot of the information you may want around my spreadsheets and tracking resources: https://youtu.be/nAbi0ch6gtQ
I've also listed my total value of my portfolio of my cryptocurrencies that pay dividends and dividend stocks on the thumbnail and will continue to do so somewhat mimicking Joseph Carlson as a good way to show the progress as we go. My crypto coming in is 100% earned so I intend to invest most of it. The rest of my crypto held as savings in the form of Bitcoin and Ethereum I'm not including in this portfolio since I'm not generating dividends with them, I just keep them in cold storage.
Was this helpful for you? What dividend stocks are you investing in? Do you prefer dividend investing or another style? Do you invest in cryptocurrencies that payout regularly? Let me know what you think about this in the comments below and don’t forget to subscribe!