October 2017 Results

Before going to the charts, a note on October’s earnings.  Readers will notice that there are no results for certain income streams, like the investments in Betterment.  There are two reasons for this: 1) some activities, like trades, were not performed in October, and 2) some income sources, like the Betterment account, report on a quarterly basis and so are not included in monthly reports for months which are not quarter ends.

Passive Income

While the actual passive income is higher than reported here (because some income is reported quarterly), October 2017 saw a total calculated income of $166.15.  Unlike with September 2017, this month saw no equity price appreciation reports so the total reported number of sources is lower than the actual number of sources in general – essentially, there was no change in income streams, even though not all are reported here.

As with September 2017, passive income from investments outperformed Perk and Swagbucks even without counting any potential equity price appreciation from e.g. Betterment or Aspiration, which was not reported this month.

In total, income from investment activity earned $80.38 against Swagbucks and Perk with a combined total income of $64.00, which is still respectable.  Rebates from loyalty programs returned $21.77.

Non-Passive Income

This month the total income from non-passive or “Get Paid To…” (otherwise “GPT”) sources well exceeded the income from passive sources by almost 300%.  Total GPT income this month was $455.60, whereas reported passive income was $166.15.

This month the best-performing non-passive income sources were UserTesting, User Interviews, and Caviar (a food delivery service, like Lyft for food).  When including costs for gas, insurance, vehicle maintenance UserTesting’s $220.00 and User Interviews’ $100.00 is shown to be much better than Caviar’s $82.30 (including bonuses).

Total Income by Source and Hourly Rate Breakdown

This month, income from GPT sources in general was much higher than income from passive sources (as noted above).  Where GPT income was $455.60, passive income was $166.15 – a difference of $289.45.

While GPT income was much higher, the cost in time was also much higher, so much so that while the hourly rate for all GPT income was a quite respectable $46.33, the income from passive sources came to an outstanding hourly rate of $553.83 – the reason the hourly rate for passive income isn’t infinite is because Swagbucks and Perk require physical action to redeem points for gift cards and cash.

Pre-tax, all GPT hourly income was well in excess of the United States Federal minimum wage of $7.25 per hour, and the highest state minimum wage of $11.50 per hour (at time of writing).

The lowest hourly rate for any GPT source was Easy Shift at $18.00 per hour, and the highest was User Interviews at $100 per hour.  Notably, bonuses on Caviar were, like in September, a real hidden driver of value.  While the non-bonus income from Caviar was $17.15, counting bonuses increased the hourly rate by nearly $3.00, bringing it to $20.07 – the power of free money.

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