My Own Portfolio : My Passive Income Report Out June & July 2019

Time is moving fast as we are already heading into the last 3 weeks of the summer vacation here in Belgium. Sunday morning is always the time to start the day with a Market Update from Garry Davis in Australia.

Past week was a volatile week due the currency devaluation of the Chinese yuan within the US – China trade war. In the bigger picture the financial system is completely stressed as central banks keep pushing us in unknown territory. Get used to this scenario as we expect more volatility going forward.

In the Belgian financial newspaper, a journalist is already writing about a future recession and why this recession will hit us soon. Doom scenarios about the financial system have been predicted for several years now. Get used to the noise, it will keep happening…

For you as an investor or trader, it is important to understand what drives these sharp moves.

So let’s move on to our own Market Analysis.

Market Analysis

When we analyse the performance of the SPY (screenshot 11 August), we have seen a recent drop due to the trade war between China and US getting worse. Currency manipulation is what Central banks do to help the economy. It is too early to say whether we will fall in a bearish market or will this dip be a “one & done” dip ? The earnings season in the US beats slightly above average and the financials & healthcare sector performed the best. Always invest in the strongest sectors as I have been repeating over and over in this blog. As Garry explains in his video, it is important to understand where the “vested interests” are. President Trump is 20 months away from re-elections in the US and he always has an eye for what direction the stock market goes…

The long term trend is still intact at this moment.

Below you can find a 2 year chart of the SPY.

Let’s dive in the numbers of my June and July Passive Income Income Report.

My Passive Income in June & July 2019

In June 2019 we received a total of 1691,31 $ passive income, with 526,31$ dividend income and 1165$ options income. In July 2019 we received a total of 503,31$ passive income, solely dividend income.

So in total in two months we received 2194,62$ passive income in two months. We have so far only 37% of our yearly objective.

Below you see the monthly summary overview of the cash flow coming into my bank account.

My Options Trades

Gold has been ignored for decades and more and more people are looking for safe harbors in gold. I wrote this sentence two months ago in my last portfolio update. With current volatility, we wrote in June two puts at the price of 34$. If we drop in a bearish market like in December 2018, we can see UVXY go up to 100$. I got assigned 200 shares at a price of 34$

Do I worry about this position now when it is at 31$ ? Not really. Volatility is back in this market and we will see more volatility in Q3 or Q4. My goal is to sell those shares at a price of 100$ or more when the worst comes out. Name it a hedge for my dividend portfolio.

The Euro/Dollar trend

We keep on following the EURO/USD valuation. The dollar is 6 to 12% overvalued according IMF. This needs to normalize. This means the dollar will need get weaker and EURUSD will go up.

I definitely look at this chart differently now. Another opportunity for profit.

Going forward

My positions in gold have given so far great returns in my portfolio.From September onwards, we will increase our activity in options and forex trading. We have been practising our forex trading skills in our demo account and we keep on perfecting our skills. We have one more holiday ahead of us. Our honeymoon that we delayed for several years. Some couples never do one..I didn’t want to belong to that group.

September to December gives us 4 months to make my yearly objective happen. Let’s do it !

This is the end of this blog post.

In 2019 we will send out ONE newsletter per month to our blog followers. Life can be busy sometimes and people lose track of following a personal finance and travel blog. Subscribe and you will get one email per month highlighting what you missed…

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My Own Portfolio : My Passive Income Report Out June & July 2019