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Archive for February, 2015

January 2015 - New Year Personal Finance Resolution

February 2nd, 2015 at 04:38 pm

New Year and a New Beginning!
Starting in 2015 I am changing the asset buckets I have based on the nature of the asset instead of accounts: 1) grouped all my retirement accounts into one bucket; 2) created a new one for business investment as I started to invest into start ups; 3) made charitable account a new bucket since it is not cash I can actually use for daily stuff.
So here it is:

Cash & Savings: $87,912 ==> $87,729 (-0.21%)
Foreign Currency: $37,901 ==> $38,794 (2.36%)
US Brokerage: $273,569 ==> $277,786 (1.54%)
Overseas Brokerage: $238,551 ==> $241,307 (1.16%)
Retirement Accounts: $293,377 ==> $290,797 (-0.88%)
Business Investment: $15,000 ==> $15,000 (0%)
Charitable Account: $13,880 ==> $13,880 (0%)
Total: $960,190 ==> $965,293 (0.53%)

In 2015 my personal finance resolutions are:
1. Invest more into start ups/business directly
2. Close one of my brokerage account so I have one less to manage
3. Continue to tune my rollover IRA account now that I have $175k in it.
4. Adjust holdings in my overseas brokerage account: this one I already did in early January as my original world allocation fund was not going anywhere (and it has a large portion in European stocks, we all know how that has been doing) and the fees has increased a lot so I simply switched to a Vanguard S&P 500 Index Fund.

There are some other things I plan on exploring this year but I need to do more research before I can share it on this blog. As my asset gradually increases my investment strategy also becomes more complex, hopefully for the better.