I hope to be able to return to my monthly dividend updates very soon. I’ve been doing so for more than six years, since 2016 when I started this blog to document our Journey towards Financial Independence by 2026.

We are still working towards that goal and in fact having been streamlining our finances and establishing various passive income sources for years certainly played some role in my decision to start my own business.

From January to October, grand total of our our investment portfolio net income was USD 16’000, an increase of 60 % compared to the previous year. That corresponds to a big chunk of our fixed cost block.

So, without further ado, let’s have a look at the last six months in terms of passive income, starting with October.

October showed a nice 26 % passive income jump on a year over year basis

Compared to the previous year with USD 725 in passive income, October 2022 showed higher amounts due to a combination of

As you can see, commodity, resource and oil businesses (British Petroleum, Total Energies, BHP, Woodside Energy) as well as insurances (AVIVA) make up for the bulk of my passive income contributions not only in particular to this month but with regard to the portfiolio in general.

What’s also worth noting that new shares of existing position ABB – called Accelleron Industries – have entered my portfolio with a market value of around USD 90. Spin-Offs are pretty nice additions, for instance in the case of BHP Billiton, two separated companies – South32 and Woodside Energy – made interesting additional dividend payers.

September dividend income in line with previous year

September 2021 was already a strong month with around USD 1’460 in dividend income. This year, it was more or less the same amount generated by dividend paying stock positions.

However, in particular on the back of witholding tax reimbursements in the amount of USD 985on Swiss stocks such as Nestlé, Roche, Novartis etc., September became a particularily strong month.

August showed a passive income increase of 38 %

Early in 2022, I added three new stock positions which contributed nicely to our passive income stream:

July passive income was pretty in line with the previous year

While there was some nice organic dividend growth in the case of Coca Cola, Mc Cormick and L’Oreal as well as positive effects from dividend reinvestments, overall total passive income was more or less in the same range as in the previous year due to significantly lower interest income from Peer to Peer investments which I have been further reducing for many months.

It’s worth noting that pharmaceutical company Glaxo Smith Kline (GSK) made a spin-off. The new shares of Haleon I received had a market value of around USD 690 at the time of the distribution and I will keep this position. Sometimes, spin-offs can make interesting positions over time (see BHP which separated South32 for example).

A very cool 100 % passive income jump in June

June showed some very positive effects in form of special dividends (Admiral, Tate & Lyle). Furthermore,

contributed to the overall income jump.

50 % higher passive income in May

On the back of a huge special dividend from UK insurance giant AVIVA in the amount of over USD 2’400, May showed a very strong month. In fact, in that month, my passive income considerably exceeded our household spendings which is always a very nice thing to see.

What about you, fellow reader, have you added some stocks to your portfolio recently? How is your passive income developing

DisclaimerYou 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.

My new created business

My new created business had a good start and we continue working hard towards Financial Independence

Hey there fellow reader. It’s been quite a while since I’ve published a new posts. In fact it has been four months since I’ve published my last passive income income update. Sorry about that!

I’ve been documenting our journey towards Financial Independence since September 2016 and for over six years I’ve consistently reported on a monthly basis our progress we made in terms of streamlining our finances and establishing passive income sources.

However, the last few months have just been just so incredibly dynamic and it’s just now that I have been able to take a breath and write this post.

As I’ve written in some of my previous posts, I quit my job early this year to start my own business. It was a tough and risky move to leave my well paid position to do something I feel really passionate about and build a company providing e-learning and consulting services.

And I am so glad to say that this was the right move. My company started well and I’ve been able to win clients. I can see a healthy demand for my services.

Of course, there is a massive amount of work to do and to invest, in order to bring my company to the levels I want it to be.

I will continue to document our journey towards Financial Independence which my wife and I want to achieve by the end of 2024 and I will try to resume my monthly passive income updates on my blog MyFinancialShape. I will also continue to write for the investment blog SavyFox which a very good friend and I started last year.

In fact, if I hadn’t followed that path towrds Financial Independence, focusing on a down to earth lifestyle and investing regularily our savings for almost 15 years, my guess is that I would not have had the courage to leave my job and follow my dream. When it comes about Financial Independence it’s that process that is extremely empowering, it is about gaining flexibility in life, creating options and steadily building a strong position to reduce the dependency of a job. And of a boss.

So, without further ado, let’s have a look at the past four months, on how my dividend payers have developed compared to the previous year.

From January to April, our cash flow from Dividends climbed almost 22 % year over year

Over the first four months in 2022, roughly USD 4’500 have been generated from stock holding distributions compared to USD 3’800 in the preivious year. All these numbers in the chart below are in Swiss francs, which trades more or less at parity to the USD. The numbers are all net amounts after taxes. Witholding tax reimbursements are reported separately in my passive income updates.

When looking at the last four dividend months, the picture is very pleasing, showing healthy growth almost across the board.

Mining companies like BHP and Rio Tinto have been particularily strong but also the defensive positions like Nestlé, Unilever, PepsiCo, Coca Cola did not disappoint. Slowly, but steadily, my dividend generating stock portfolio is transforming into an strong cash churning compounding machine.

In 2021, we had total passive income cash flows of around USD 14’000 which was a nice jump compared to 2020 with USD 9’700.

My plan for 2022 is to achieve at least USD 16’000 which is roughly 15 % higher than in the previous year. This goal should be pretty achievable through a combination of

On the other hand I disposed off all my tobacco shares (Altria, British American Tobacco, Imperial Brands) in 2021 and this move alone reduced my dividend income potential by almost USD 1’000 per year.

Furthermore, exchange rate fluctuations have been a drag. The Euro for instance lost almost 6 % against the Swiss francs in the last few months. The British Pound devalued as well against the Swiss francs.

However, a strong Swiss francs has been good for me, it makes international stocks cheaper. And amid hightened volatility in the stock market to be expected for at least the rest of 2022, there will be several buying opportunities to strengthen our stock portfolio even further.

What about you, fellow reader, have you added some stocks to your portfolio recently? How is your passive income developing?

DisclaimerYou 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

My new created business had a good start and we continue working hard towards Financial Independence Hey there fellow reader. It’s been quite a while since I’ve published a new posts. In fact it has been four months since I’ve published my last passive income income update. Sorry about that! I’ve been documenting our journey […]

The post First four months 2022

My new created business had a good start and we continue working hard towards Financial Independence Hey there fellow reader. It’s been quite a while since I’ve published a new posts. In fact it has been four months since I’ve published my last passive income income update. Sorry about that! I’ve been documenting our journey […]

The post First four months 2022 dividend update first appeared on My Financial Shape.

Hey there, fellow readers, I wish you all a HAPPY NEW YEAR!! First, I have to apologize for my late monthly Passive Income Updates. The last few months have been incredibly dynamic. I have started my own business In December, I made the jump and resigned from my job. Currently I am building my own […]

The post November and December 2021 Financial Update first appeared on My

Hey there, fellow readers, I wish you all a HAPPY NEW YEAR!! First, I have to apologize for my late monthly Passive Income Updates. The last few months have been incredibly dynamic. I have started my own business In December, I made the jump and resigned from my job. Currently I am building my own […]

The post November and December 2021 Financial Update first appeared on My Financial Shape.

This is a guest post. The author, Camron Hoorfar is an attorney and the spokesperson of DebtConsolidationCare – the Internet’s get out of debt community. Domestic violence has been prevalent in romantic relationships for a long time, and the problem continues to grow year after year. Every fourth woman in the US has experienced physical violence inflicted […]

The post Steps To Protect Your Finances When Leaving An Abusive

This is a guest post. The author, Camron Hoorfar is an attorney and the spokesperson of DebtConsolidationCare – the Internet’s get out of debt community. Domestic violence has been prevalent in romantic relationships for a long time, and the problem continues to grow year after year. Every fourth woman in the US has experienced physical violence inflicted […]

The post Steps To Protect Your Finances When Leaving An Abusive Relationship first appeared on My Financial Shape.

Boum! With October in the books, just two months to go to complete an amazing year. So, time for my monthly update where I share my cash inflows on my stock holdings plus peer to peer investments plus additional passive cash income. I will also share my latest stock buys. Let’s first right dive into […]

The post October 2021 Passive Income Report first appeared on My

Boum! With October in the books, just two months to go to complete an amazing year. So, time for my monthly update where I share my cash inflows on my stock holdings plus peer to peer investments plus additional passive cash income. I will also share my latest stock buys. Let’s first right dive into […]

The post October 2021 Passive Income Report first appeared on My Financial Shape.

2020 was the year when I made significant changes to my investment portfolio. I almost invested USD 70’000 into company stocks, mostly to build up a strong Tech Portfolio which since then contributed strongly to my overall performance. But in 2020 I also invested in dividend paying shares in the insurance sector (Swiss Re, Swisslife, […]

The post Campari Group a hidden stock gem first appeared on

2020 was the year when I made significant changes to my investment portfolio. I almost invested USD 70’000 into company stocks, mostly to build up a strong Tech Portfolio which since then contributed strongly to my overall performance. But in 2020 I also invested in dividend paying shares in the insurance sector (Swiss Re, Swisslife, […]

The post Campari Group a hidden stock gem first appeared on My Financial Shape.