My Mom’s Portfolio : April 2019 Passive Income Report

Today we are in Nottingham in the UK. I love early mornings when I travel for business as you can get so many things done in a day. One of the those things is writing a blog post.

We are a few days away from the elections in Belgium. Hereby I want to list out some FACTS about the situation for people who will retire in the future. These facts come from the twitter feed of Chief Ecomomist of VOKA  Bart Van Craeynest.

By 2040 the yearly pension expenses will increase with 11 billion. The question is not whether we can still pay a government pension, but HOW we will pay for a government pension in the future. More taxes, longer time at work, cutting expenses..what will be the solution ?

Factcheck ‘Longer working not needed?’  Today we study 21 years, work 33 years and we are inactive 28 years (retired, unemployed,…) If we do not want to work longer, that period of inactivity will increase to 35 years inactivity versus 33 years working.

Factcheck ‘Less Social Expenses?’ According to the OESO the social expenses are the second highest amongst industrialized countries. Isn’t it possible to spend less ? 

Factcheck: ‘A lifetime learning?’ If we want to have that people work longer, we will have to invest in lifetime learning, especially for older people. In Belgium it’s only 5% compared to more than 20% in Sweden and Switzerland.

Factcheck: ‘A Budget Surplus?’ Without serious measures the government deficit will increase in the coming years. None of the political parties has explained a proper solution to the Belgian public. That is quite alarming with serious problems to be solved. In below graph we see that all governments in the past spend more than needed. Can we cut government pay in the future if they spend more than needed?

Working longer impossible…?  In Belgium 30% of the 60-64 age people work. In the Netherlands this is 60% and in Sweden 70%. Teach people the skills to stay engaged and make it cheaper for companies to have experienced older people in the work space. Also change the mindset of people that early retirement is utopia unless you ambition financial independence and you can live from your savings or investments. Simple.

Passive Income in April 2019

During the month of April 2019, we received 221,53$ passive income. Only dividend income. 

Here you find the overview of all passive income payouts during the year 2016, 2017,2018 and January 2019.

We have now 20% of our yearly objective. We are still short on our monthly objective of 290$ per month.

The Options Trade Review

No options trades this past month.

Going forward

Prepare for your pension as I don’t believe there will be a government pay unless they taxes you until you are broke. The following picture clearly illustrates how the situation has changed over the years.

There are less and less working people to pay the government pensions. More taxes ? Really ? We need less expenses, that’s for sure.

Our First FOCUS for my mom’s portfolio hasn’t changed. We need to create that extra cash flow to supplement her pension. My mom doesn’t have 1500 euro pension. So we need to supplement her pension with at least 500 – 700 euro in case she will need extra money for extra monthly expenses such as health issues or whatever.

Now my mom enjoys travelling. She is this week in Doesburg. The blog post picture is from the city Doesburg. Check out the tourism website if you want to visit the town.

Let’s get back to work and improve our skills about preferred stocks investing.

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Thanks for following us on Twitter and Facebook and reading this blog post. We end with a quote as always.

Source : Twitter