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Home > January 2015 - New Year Personal Finance Resolution

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.

Posted in Uncategorized | 2 Comments »

2 Responses to “January 2015 - New Year Personal Finance Resolution”

  1. VS_ozgirl Says:
    February 3rd, 2015 at 06:36 am 1422945406
    1422945406

    It all looks very interesting

  2. Easy Cloud Says:
    February 3rd, 2015 at 04:21 pm 1422980506
    1422980506

    Last year I invested $15k in my friend's mobile app start up and this year I plan to invest $50k in another friend's telecommunication company in Asia. Towards the end of last year I started looking into different start up funding opportunities but at the end I decided to go big (relatively speaking) with the telecom company because it already has recurring revenue for years, it just lacks the money to market itself to grow to the next level.

    This is part of my strategy to further diversify investment into different regions and asset class, it's also something more interesting at a personal level. After being in the workforce for so many years I started to develop this design to build something on my own. Even if I'm not at the stage to start my own business (attempt failed last year) but as an investor I can still have my influence on the business and learn how to run a business at the time.

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