"Earn Cash While You Sleep."

 It was once said that you are doomed to work forever unless you find a way to earn whilst you are asleep.

Some say that Warren Buffet once said those words, I am not sure if it was him, but how often do you earn money?

I took a look at my investments.

I have two crypto accounts, Block Fi and Coinbase. They pay me monthly and Daily. So 377 times per year.. These accounts are new and have grown mostly by means of capital growth.  I am staking my coins and tokens, that is lending them so earning returns of up to 9% in my block Fi account.  5% in coinbase.  But the incoming cash flow is increasing my funds daily.  So the snowball is starting to grow.

I have a twenty-two month old M1 Finance account.  That is generating over $70 per year in dividends.  In the current quarter I am earning over $25 so will be earning over $100 in the next twelve months.  I have 98 dividend paying stocks in that account, those pay me more than 392 times per year.

In my E*Trade portfolios, there are a whopping 1,933 payments per year!  I was stunned by these numbers.

So in just four accounts, I get paid  Wait for it.  Two thousand Seven hundred and two times.That is ppper year.  That is I receive 7.4 payments every day of the year, including Saturdays and Sundays.

These totals do not include payments in my Emergency fund, my regular income from my work nor income from any affiliate links.

Of course I am investing a little more new cash into all of these investments, plus allowing all dividend income and interest to compound.

All of these payments have accrued over the last fifteen year since I came to the United States in 2006, and invested my first $50 in August 2006.  Since then I haven't earned more than $15 per hour from my own personal labor.

So now, I can say, "Yes. I do earn most of my income as I sleep."

Read Creating a Dividend Income Ladder

Read "Why I am Now Investing in Crypto"

Please like, share and follow these posts.

My various affiliate links in this post have some special offers for you. Coinbase and Block Fi, have Free Bitcoin for you, M1 Finance will give you $30 if you fund a new account with $100, that's a 30% bonus before you even start investing. So take a look at those great offers and boost your income ready for next year.

Take a look at this great Wallet available from Amazon.

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My Latest Strategy Investing On M1 Finance

 In January 2020 I opened a brokerage account with M1 Finance. I chose the account in part for its fractional shares, I wanted to buy some Amazon and Google (Alphabet) and as that costs thousands of dollars for just one share of either the fractional share seemed the only option.

A couple of months after I opened the account M1 made some changes to their purchasing policy, they increased their minimum purchase price increasing the minimum from one cent to $1. This meant that my account did not grow quite as quickly.

My aim initially with an investment is to generate cash flow. M1 doesn't work for traders, but should work for cash flow investors.

Recently I have increased my deposits into the account to $13 per week. Also dividends from several sources have started to come in fairly regularly. I am earning about 50 cents per week in dividends.

In July I began to buy a new share everytime I received a dividend. Taking one dollar from my cash reserve and the full value of any dividend received and using this to buy a high value dividend paying stock.

Some weeks in September I was able to reinvest several dollars per week as many stocks pay dividends in that month. In October I am making just one or two purchases per week, but this allows some cash to build and make larger purchases of stocks across the portfolio keeping everything balanced.

When I began in January I received just 1 cent in dividends. Today I am expecting to receive just over $9 between now and January, my first anniversary of opening the account.

I plan on using this strategy until my monthly dividend payments grow to over $13 per month, in effect adding an extra weeks cash input. When this happens I will just allow the portfolio to grow at its own pace with M1 making the investment decisions for me. That may take another two or three years but dividend investing is all about slow and steady.

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