About PassiveIncomeTracker.com
If you're anything like me, the allure of generating a passive (or at least semi-passive) income stream that pays out month over month, year over year, and grows for the rest of your life with minimal time investment is enchanting.
When I began exploring the stock market, my financial education was pretty minimal. I started devouring all sorts of articles, subreddits, YouTube videos, and books on the subject. I learned about the various ways one can make money in the financial market. One piece of advice that stood out to me was that nearly all successful investors repeatedly mentioned the importance of being patient and playing the long game.
While learning about long-term investing, I discovered the power of dividends and compounding interest. I also learned the importance of tracking your portfolio's progress. How it helps us to stay focused on our goals and helps expose flaws in our strategies. And it makes sense. As the old proverb goes, "What gets measured gets managed." We're far more likely to be successful in our endeavors if we properly monitor our progress.
I spent many weekends finding and building various dividend tracking spreadsheets to monitor my portfolio's performance. However, I found writing Google Sheets and Excel formulas to track my dividends and monitor my portfolio performance not only tedious but also that they lacked some of the insights and metrics I wanted.
I know I'm not the only one that finds creating a dividend tracking spreadsheet a chore and that doesn't want a monthly subscription to a dividend tracking app, so that's why I created Passive Income Tracker: to save myself and others from the pains of spreadsheet formulas!
I wanted a simple process that allowed me to sit down a few times a month with a cup of coffee, check my brokerage accounts, plug some data into an app, and move on with my life. Passiveincometracker.com does just that. It's a simple and effective way of tracking your dividends and monitoring your performance over time.
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