Passive Income Report - April 2008

	March	April
Dividends	$117.09	$200.59
Interest	$59.26	$25.68
Royalties	$0.00	$0.00
Online Music Sales	$270.48	$179.93
Total	$446.94	$406.20
Annualized	$3,179.85	$3,481.50
Change	1.9%	9.5%

I decided that—since some of my passive income is seasonal—the best way to track progress is to look at out how much was earned over prior 12 month periods. Online music sales, for example, typically drop off during certain months of the year and increase before Christmas, so despite the $90 drop between March and April online music sales are actually increasing, because in April 2007 I only made $57.

Although it is heartening to see an increase of 9.5% over the last period, I still have a long way to go to reach my goal of $2,000/month in passive income! But things will pick up soon as I move into more passive investments over the summer.