If you're familiar with M1 Finance, you'll know that their automated investing system will automatically invest cash over $10 into your portfolio. This means if you have $10 of cash sitting as idle cash in your portfolio, you have the option to have it automatically invest it back into your portfolio for you.
This week, we received dividend payments from $O and $UTG and that combined cash was enough to trigger a purchase of some holdings.
Below is the amount that went into my portfolio and how it was distributed among the two underweight sections of my portfolio.
These may not seem like large purchases but what I like to think about is that this was passive income. These dividend payments were generated entirely from this portfolio and was not actual cash that I had to send to my portfolio.
There is no better feeling than when your passive income is being used to earn even more passive income!