Sector Watch & My Kids Portfolio : Passive Income Report August 2018

September has ended and we are 3 months away from the year 2019. Past week we did spend in Washington DC in the United States. This resulted in a heavy jet lag during the weekend. In Washington I was able to visit Mount Vernon where you can find the US President George Washington mansion. Take a look at the website of Mount Vernon to learn more about this fantastic place.

So let’s move on to our Kids Portfolio. A portfolio I started with 10.000 Euro. We will grow this portfolio as an emergency fund for the kids and as big as possible.

Market Sentiment and Sector Watch

The sentiment remains unchanged and the run to year end looks solid. USA and Canada reached an agreement on NAFTA and this will boost the bull market. Below you find a 2 Year chart of the market sentiment trend.

Let’s take a look at the Sector Watch. Here we look which sectors we should invest in and what is different compared to last month. We placed the latest Sector Watch graph below…This always allows you to make your own analysis.

Banks remain weak. The strongest sectors remain Technology and Healthcare. Healthcare continued the momentum.

Take a look at the USA Oil ETF charts. OILNF, USO and other Oil tickers seem to have more upside. They are breaking out to the upside. Make your own fundamental and technical analysis.

Be aware we are not a financial advisor. Execute your own risk analysis and investment research. Read our disclaimer. We hope this sector review was useful for you to understand market opportunities and how we analyse potential opportunities.

Let’s dive in the passive income update for my kids portfolio.

Dividend & Options Income Update

During the month of August 2018, we received 20,79$ passive income. Only Dividend income as we have been very busy with other things in life.

Portfolio analysis and Growth Strategy

We started with an amount of 10.000 EURO . The 2018 goal for my kids’ portfolio is to generate 1000$ in the total year. We achieved 75% of our yearly goal so far.

We have 745$ in our pockets so far ! We keep on grinding forward to our yearly objective.

Going forward

Three months left for the year to hit or miss the yearly objective. We are paper trading different options strategies and reviewing what would work best for this account going forward.

Good luck with your personal finance strategy for your kids! Thanks for reading. Putting money on a savings account for your kids is NOT a strategy to make it grow!

We hope you learned something from this blog post and keep on following us on Twitter and Facebook. As always we end with a quote.

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Sector Watch & My Kids Portfolio : Passive Income Report August 2018