Archive List for Personal Finance

Beyond The First Million

Personal Finance

Portfolio Strategy My asset allocation strategy remains constant. I’m willing to accept substantial risk for aggressive growth. I go all-in with litigation finance. I am a big believer of the concentrated portfolio approach. I will enter the world of hedge fund investing when my liquid assets reach $3M. Portfolio Composition I have been aggressively allocating my funds to legal […]

The First Million

Personal Finance

Journey To Become A Millionaire It has been 18 years since I moved to the U.S. and 14 years since I started working full-time. I spent the first 10 years setting up for life. I have been a middle-income earner during my early career. I grew my salary by working hard and switching jobs. My […]

Tax Optimization Strategy

Personal Finance

The 2 Most Common Ways to Reduce Your Taxes Tax Deductions (<$250K) Income Distribution (>$250K) Tax Deductions Reducing your taxable income by deducting variety of personal & business expenses is one of the most common ways to lower your taxes when your gross income is under $250K. It becomes less effective as your income increases due […]

Retirement Plan 2018

Personal Finance

Retirement Changes Under the New Tax Law We reassessed our retirement plan with the new tax bill and current spending figure. Housing Expense Townhouse for Rent: $2,500 – $3,000 4 Bedroom House for Rent: $3,200 – $4,000 6 Bedroom House for Rent: $4,500 – $6,000 Passive Income YieldStreet: 10% (12% target return less 2% cash […]

Investment Strategy 2018

Personal Finance

No More Backdoor Roth IRA Managing multiple IRAs is too much of a hassle. I will empty a Groundfloor IRA and a Lending Club IRA this year, and consolidate all funds to a Merrill Edge IRA. Litigation Finance Overweight I will transfer all remaining funds from DLI Fund to YieldStreet. My portfolio will be heavily […]

Personal Capital Sucks

Personal Finance

Mint vs. Personal Capital Both Mint and Personal Capital are personal finance management services that allow you to sync and aggregate all of your financial accounts in one platform. Personal Capital is very popular among personal finance bloggers because of the terrific affiliate marketing program. Switched from Mint to Personal Capital I’ve tested Mint for few months […]

Get Rich with Litigation Finance

Personal Finance

Changing Investments I recently found a crowd-sourced lawsuit funding platform called LexShares. LexShares provides corporate litigation finance investments for accredited investors in a variety of products, such as commercial litigation finance, international arbitration, intellectual property, and portfolio financing. Litigation finance is not linked with stock market performance and returns can easily outstrip other investment classes. I see […]

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 a Groundfloor IRA. I also start winding down a Lending Club IRA. Litigation Finance […]

Retirement Plan 2016

Personal Finance

Backstory Today is my birthday. I am a few years away from 40. Recently I am experiencing high levels of stress 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. Early retirement became an obsession, and I am […]

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