Archive List for Financial Report

Quarterly Report 2017Q2

Financial Report

In the second quarter of 2017, my net worth increased to $659,849 and overall IRR increased to 8.53%. IRA money is slowly moving from Lending Club to Groundfloor. I’ve been selling Notes on the Folio at 3% premium regardless of the vintage or loan status to accelerate the liquidation process. Net Worth: $659,849 Account 2017Q1・・・

Quarterly Report 2017Q1

Financial Report

In the first quarter of 2017, my net worth increased to $635,735 and overall IRR increased to 8.77%. My day trading activities generated a nice income that offsets an impact of the tax payments. I took advantage of 0% APR offers from Bank of America and American Express to pay my taxes. The credit card・・・

Quarterly Report 2016Q4

Financial Report

In the fourth quarter of 2016, my net worth increased to $623,097 and overall IRR decreased to 8.75%. My overall IRR continued to suffer from a loss from Lending Club. Allocating a large portion of my portfolio to Lending Club was a big mistake. The actual ROI was much lower than the projected ROI, and・・・

Quarterly Report 2016Q3

Financial Report

In the third quarter of 2016, my net worth increased to $583,314 and overall IRR decreased to 8.97%. I had cash bonus, stock vesting, and lump sum relocation package from my full-time job. That was enough to offset a loss from Lending Club and upfront fees on balance transfers. The liquidation of Lending Club account・・・

Quarterly Report 2016Q2

Financial Report

In the second quarter of 2016, my net worth increased to $526,545 and overall IRR increased to 10.36%. The growth was flat due to a large tax bill. My Lending Club account is being aggressively liquidated as I still carry $80,900 in credit card balance transfers. $81,485 were paid off in the last quarter. It・・・

Quarterly Report 2016Q1

Financial Report

In the first quarter of 2016, my net worth increased to $524,930 and overall IRR increased to 10.18%. My Lending Club account has been slowly winding down. $195,000 were withdrawn so far, and another $105,000 will be liquidated over the next few months. The objective is to remove the full amount of the original deposit・・・

Quarterly Report 2015Q4

Financial Report

In the fourth quarter of 2015, my net worth increased to $500,220 and overall IRR increased to 9.64%. My take-home pay increased towards the end of the year as I hit the Social Security wage base limit, 401(k) contribution limit, and ESPP contribution limit. Social Security Tax ($118,500 @ 6.2%): $7,347 401(k): $18,000 ESPP ($25,000 @ 15% discount): $21,250 I・・・

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