Comments on: 2008 Passive Income Summary

By: Passive from domains

Passive from domains — Wed, 25 Feb 2009 10:56:03 +0000

Hello, Monetizing creative online content is a great way to create an income stream with almost no upfront investment, but the tradeoff (once again) is time. It takes a tremendous amount of time to create the amount of content that will eventually produce a decent stream of passive income.Passive income Thanks

By: Where Did Our Money Go?

Where Did Our Money Go? — Mon, 19 Jan 2009 03:06:45 +0000

[...] if you don’t already have one.As I continue to review our finance, where I have covered trading, passive income, and net worth so far, the next item on my list is to examine our spending last year. The reason I [...]

By: Bank of America Reduced Dividend to 1 Cent

Bank of America Reduced Dividend to 1 Cent — Sat, 17 Jan 2009 16:33:29 +0000

[...] their dividend. At $1.29 dividend payment in 2008, BAC made a small, but nice contribution to my passive income last [...]

By: Frank

Frank — Fri, 16 Jan 2009 14:57:09 +0000

Hey Sun,

I wouldn’t really sweat that guy, it’s funny how willing people are to spew out insults and vitriol behind their veil of privacy. The blog is great and I appreciate you sharing your thoughts and performance.

-Frank

By: Dividend Growth Investor

Dividend Growth Investor — Sat, 10 Jan 2009 21:51:20 +0000

I think that the main issue with the drop in passive income is the fact that you included capital gains in 2007. I believe that overall dividends and interest income are not as volatile as capital gains. Because of that it is easier to estimate the annual dividend income for a stock portfolio rather than estimating the amount of capital gains you are going to make.
I would be interested to see if your dividend and interest income increased in 08 versus 07 or not?

By: Weekly Dividend Investing Roundup - January 10, 2009 | The Dividend Guy Blog

Sat, 10 Jan 2009 11:02:42 +0000

[...] passive income [...]

By: Jess

Jess — Wed, 07 Jan 2009 07:44:47 +0000

Hi Sun, don’t take it too personal. I am here everyday and enjoy reading your updates.

By: SunFinancial (SunFinancial)

SunFinancial (SunFinancial) — Tue, 06 Jan 2009 21:26:35 +0000

2008 Passive Income Summary: Original Post on The Sun’s Financial Diary
2008 Passive Income Summary Original Po.. http://tinyurl.com/7dsuke

By: Sun

Sun — Tue, 06 Jan 2009 20:08:01 +0000

First of all, I am not here to give anybody advice or recommendations or anything. I am here to talk about what I did myself. And as I have put in the Disclaimer, whatever you read here is indeed for entertainment only. Nothing more.

Second, if the losses in passive income is because of my “inability to see the broad picture,” then I don’t blame myself. I bet you have heard a lot of fund managers have failed miserably in 2008, such as those at Dodge & Cox? If those true professionals whose only job is to find the right investments to buy haven’t done well in this market, should I blame myself? And my investments generated more than $17,800 passive income in 2007, did I have the ability to see the broad picture back then?

Speaking of index funds, you are not going to do any better if you invest in an index fund such as VFINX which lose nearly 38% last year. Actually, I suggest you go to Vanguard website and check out last year’s performance of all their index funds. Hope you won’t be surprised to see a lot of them lost some 40, 50% last year. Index funds alone won’t make you stay above the water. BTW, I am not talking about fund performance here. I am talking about dividend distributions and capital gains. Does that even have anything to do with index funds?

Finally, I have many bank accounts, does that mean I am not organized?

By: Tyler

Tyler — Tue, 06 Jan 2009 18:57:43 +0000

It’s not the market, it’s your inability to see the broad picture. Index funds anyone? Single socks = high risk. You took a risk and lost. Simple investments 101. This is just one of the MANY MANY reasons I do not take your advice, word, or recommendation on anything. Just a blog for my entertainment. Where else can I see someone drown in pools of bank accounts, unorganization, and major losses?