Hey there, fellow reader. My January Passive Income Update is more than due, sorry for that, but the start into the new year has been quite busy so far.

Let’s get very briefly into the numbers: Total Income from various Passive Income Sources was roughly Swiss francs (CHF) 480, the equivalent of around USD 530. That’s slightly lower compared to the same month in the previous year (CHF 500 in January 2020).

The main reason for that drop are cash withdrawals from Peer to Peer and Crowdlending Platforms to build up a Tech Stock Portfolio in 2020 with positions like Apple, Amazon, Shopify, Tesla, Fiverr etc.). That strategic shift showed to be highly successful, most of these holdings had a fantastic run so far.

All in all, we have almost USD 400’0000 invested in various Stock Holdings (dividend payings shares and stakes in Tech Companies), significantly higher than the total of USD 300’000 invested last year.

Our cash pile continues to grow, underpinned by a very solid savings rate of almost 70 %. Furthermore I sold out all Tobacco Holdigs (Altria, British American Tobacco and Imperial Brands) to reinvest the freed cash into stocks that show significantly more growth potential. I will share with you the latest stock buys in my February Update, so stay tuned.

Dividend cancellations continue to be to the detriment of Passive Income Generation. The Walt Disney Company for instance has been hit severely by the COVID Pandemic, but there are also exciting opportunities for the business, their streaming services (Disney+ etc.) are a huge success and the stock price really shoot up like a roket in a matter of just few months. Disney truly is a PANDEMIC WINNER Plus a Reopening-Play

So, to sum up: January was a solid month with very strong stock performance and stable Passive Income Generation.

Disclaimer
You are responsible for your own investment and financial decisions. This article is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.