The November 2018 Passive Income Update

Greetings my upwardly mobile friends!

In November 2018, the passive income experiment has continued to yield dividends. PFF and PGX, two dividend focused ETFs, brought in a combined $41.49, 15 cents more than last month. The month to month growth looks slower compared to prior months because new contributions (other than drip investment) went to more diversified ETFs that yield quarterly dividends, specifically SPYD.

In furtherance of the aim of increasing diversification, I’ll be trying to add more SPYD and SCHD. SCHD follows the Dow Jones U.S. Dividend 100 Index, whereas SPYD follows the S&P 500 High Dividend Index. Both indices have lowered their expense ratios to .07%, which is extremely low for dividend ETFs.