WOW! 2020 is almost over! It has been a very tough and challenging year.

It’s just amazing how time’s been running super fast, and my monthly passive income update is more than due.

Let’s get very briefly into the numbers, shall we?

Compared to November 2019, there has been a hefty passive income slump of roughly 50 %. Ouch! 🙂

Dividend income in November was more or less in the same range as in the previous year (2019: CHF 379 vs. CHF 346). Two dividend cancellations – one of the world largest beer producer AB Inv and the other one of UK bank giant HSBC – have almost been offset by new Passive Income Contributors Tate & Lyle, British Petroleum, Apple and Prosus. Banco Santander has resumed shareholder distributions after having stopped them for several quarters, but dividends are still significantly lower than in the previous year.

Cash flows from Peer to Peer and Crowdlending Platforms came in 70 % lower than in November 2019 which was due to my significant cash withdrawals over the last months in order to make investments into Tech Companies and diversify our portfolio further.

How was your November in terms of Passive Income?

Disclaimer
You 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.