This month, I found some money and invested more. Which means more reward!

I was invested in two stocks, still BBIG and then I started with AMC. Astute readers will have some idea of what AMC stock did this summer and fall! I’ll get to that soon, don’t worry!

Total passive income for Month 2: $215

Total money invested so far: $2202

Total passive income for 2022: $271.88

Monthly rate of return: 9.76%

Yearly cumulative rate of return: 12.29%

This month I got into AMC, and the premiums were much higher. Remember, I’m not giving financial advice, just showing you how this works.

If you want to try yourself, you can use my Robinhood link and get started with some small amount of free stock!

I’ve only been doing this two months. I still don’t know what I’m doing. I still don’t know exactly how it works, but I know that it does work, because I’m seeing the money.

A note about the numbers, When I share how much I’m investing, I’m sharing the actual cash that I’m putting in. This is important because at some point, the money that I have made will actually enable me to do more things that I could not do before.

For example, with the $200 I made this month, I was able to buy another 100 shares of BBIG, because its price was low.

Let me talk for a moment about my mindset. I don’t know what I’m doing but I saw something good happen last month, so I’m taking action. Again, this is a small amount of money. I was nervous to put it in and try something. But I did it anyway. In my mind, I said, “I’m fully prepared to lose all this $2202. No worries.” But then, I didn’t lose it. I actually made money.

Later, I’ll show you how I start buying more stocks and higher priced stocks because of how my income goes up.

What do you think? Do you like seeing these posts? Are they valuable? Hit reply and let me know.