Archive List for Personal Finance

Mint vs. Personal Capital

Personal Finance

Switched from Mint to Personal Capital I’ve tested Mint for few months in 2015. There were 2 things I didn’t like about Mint. Unable to link Target REDcard. It was a deal breaker because I often shop at Target. Unable to add investments that Mint doesn’t support. My investments are mostly with cloudfunding platforms and private・・・

Get Rich with Litigation Finance

Personal Finance

Due to a recent change in my investment strategy, I have to reassess my asset growth over the next few years. I start with an initial investment of $1,000,000 in the first 2 years, followed by an additional investment of $80,000 every year. The average case resolution time is 2 years with a 75% target・・・

Investment Strategy 2017

Personal Finance

Backdoor Roth IRA I considered Vanguard or Fidelity for my annual backdoor Roth IRA, but I decided to stay with Lending Club. I signed up for the Groundfloor IRA beta release. My annual backdoor Roth IRA contribution will be invested in Groundfloor IRA. I also start winding down Lending Club IRA. Litigation Finance Overweight I・・・

Annual Report 2016

Personal Finance

In 2016, my net worth increased by $122,876; a 24.56% increase over 2015. This was the third best year for my personal finance. Net Worth Account 2015 2016 Change Cash $10,082 $42,845 $32,763 Investment $664,979 $941,248 $276,269 Debt ($174,841) ($360,996) $186,156 Total $500,220 $623,097 $122,876 My net worth has increased by $122,876. This is $30,706・・・

Backdoor Roth IRA (Self Directed IRA)

Personal Finance

I made a prior-year contribution to my traditional IRA in January, thinking that contribution would be tax deductible. Unfortunately that was not the case. An issue came up as the non-deductible IRA contribution was already fully invested in my Lending Club IRA account. I ended up having to liquidate notes to execute a backdoor Roth・・・

Retirement Plan 2016

Personal Finance

Today’s my 37th birthday. Recently I am experiencing stress and anxiety at work. It has been taking a toll on my physical and emotional health. This might be a great time to get my retirement finances in order. We discussed different retirement plans. Various options were reviewed, and 4 key milestones came out. Early retirement became an obsession, and・・・

Annual Report 2015

Personal Finance

In 2015, my net worth increased by $189,756; a 61.12% increase over 2014. This was the best year for my personal finance. Net Worth Account 2014 2015 Change Cash $52,197 $10,082 $42,115 Investment $258,266 $664,979 $406,713 Debt $0 ($174,841) $174,841 Total $310,464 $500,220 $189,756 My net worth has increased by $189,756. This is $65,570 more・・・

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