April 2018 Monthly Report

Summary

The market instability in March continued in April resulting in investment value losses in the Betterment account of $37.45. However, that account earned $43.15 in dividends which covered the losses.

Currently the Acorns account is set to an aggressive portfolio which includes a lot of real estate and foreign stocks. This seems to have counteracted the US market volatility. While the return on the Acorns account was not great, it did show positive earnings of $9.12. However, the market instability has still resulted in significant losses from which the investments are still recovering. Compare monthly results here.

This month the Prosper account showed the importance of diversification. It returned $35.56 over principle. Critically, since my loans on Prosper return principle and interest throughout the month, and I have auto-reinvest turned on, I’m securing more dividend-paying loans throughout the month, valued well in excess of the $35.56 in income it returned – this defacto compounding will prove very fruitful later on.

Swagbucks retuned a healthy $25.00 Perk has, unfortunately, leveled off and is underperforming. While it is still making more than it costs to run, Perk may be phased out if they do not find a way to increase earnings of their members. Perk returned only $5.00 this month.

This month the income from Courier services was okay but less than expected at $264.37, of which nearly $100 can be attributed to bonus payments (love free money!).

UserTesting continued its reign as the king of non-passive side-gig income, bringing in $585.00 for just this month.

Passive Income

This month saw passive income from Acorns, Betterment, shopping rebates, Perk, Prosper and SwagBucks.

The returns are as follows:

  • Acorns: $9.12
  • Betterment: $$5.70
  • Rebates: $5.00
  • Perk: $5.00
  • Prosper: $35.56
  • Swagbucks: $25.00
  • Total passive income: $85.38

Non-Passive Income

The returns are as follows:

  • Courier Services w/o bonuses: $170.32
  • Courier Services bonuses: $94.05
  • UserTesting: $585.00
  • Total GPT income: $849.37

Trades

Thee was only a small amount of trading done this month on /r/GCX, amounting to $4.50 but showing a respectable return of 17.92%!

Hourly Rates Comparisons

While no contributor to Easy Beer Money earns money through online surveys, as a public service we do monitor several of survey providers including Vindale, Swagbucks, TellWut and Pollbuzzer. According to their published estimates on the time it would take to complete the surveys, the hourly income rate from surveys during April of 2018 would have been $6.39 – DON’T DO ONLINE SURVEYS!

Hourly Rates By Type:

  • GPT: $58.72
  • Passive: $1707.60
  • Survey (inactive): $6.39
  • Trades: $135.00

It should be noted that these earnings number are not net of taxes and other costs and fees, and any potential tax credits from the investment losses.

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