It's All About Starting | My Passive Income Portfolio

The video series is called “My Passive Income Portfolio.” I will be providing my passive income sources with proof every single month.

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The goal of this passive income video series is to (1) track my progress, and (2) create a like-minded community where we help each other achieve passive income.

I am not making these videos to brag in any way. I am making these videos because I used to (and still do) watch other YouTuber's passive income videos to get inspiration and ideas how to grow my wealth and income.

My overarching goal in building my passive income is to create sufficient low-risk passive income to cover my needs, my wants, and my wealth over time. I see this as a four-part process:

1. Create enough passive income to cover my needs;
2. Create enough passive income to cover my wants;
3. De-risk my passive income sources while keeping the same level of income;
4. Grow my wealth with each additional dollar I earn.

I am going to show you my actual sources of passive income here. I am not going to count any money that I am either owed or hasn’t not come into my bank account yet.

My passive income number shown here each month will be my actual money in the door. In other words, the passive income is, well, INCOME. Not made up or theoretical.

This is why I am not going to count the value increase in any of my portfolio as part of my income. It’s not money I can spend unless I sell, so it’s not reliable.

So in case you are wondering how much passive income I made in January 2020 and don’t want to watch the whole thing, here you go: $2,952.72. —Drop a LIKE for me not hiding the ball ;)

My passive income is broken down by five key sources:

#1: Affiliate marketing passive income (3:26)
#2: YouTube passive income (5:45)
#3: Bank interest passive income (7:02)
#4: Real Estate passive income (7:49)
#5: Stock dividend passive income (9:08)

I hope to grow each of these sources individually and add to my sources of passive income with new investments and assets.

Note that in this video, I am not counting any retirement income or any assets I have (like stocks) that do not produce income on their own. Again, it’s about money in the door!

So what are your passive income financial goals?
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AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and sign up. However, this does not impact my opinions and comparisons.

#mypassiveincomeportfolio #passiveincome #financialindependence