In 2015, my net worth increased to $500,220 and overall IRR increased to 9.64%.

Net Worth: $500,220

Account 2014Q4 2015Q4 Change
Cash $52,197 $10,081 $42,116
Lending Club $258,266 $177,860 $80,406
Direct Lending Income Fund $0 $487,118 $487,118
Debt $0 ($174,840) $174,840
Total $310,463 $500,220 $189,757

The increase was $65,570 more than forecast. This was primarily driven by the day-trading profits.

Internal Rate of Return (IRR): 9.64%

Account Allocation XIRR (TTM) XIRR (TOT)
Lending Club 26.75% 8.37% 8.74%
Direct Lending Income Fund 73.25% 10.75%
Total 100% 9.56% 9.64%

I moved a majority investment from Lending Club to DLI Fund this year. I overestimated performance of the P2P Loans. The difference between the estimated return and actual return was more than 5 percent. Lending Club is generally a low-risk, medium-return, high-maintenance, and highly-tax-inefficient. I much prefer the “Set It and Forget It” approach with DLI Fund.

Income Statement: $233,868

Income 2015 Forecast 2015 Actual 2016 Forecast
W-2 $175,000 $186,245 $205,000
1099 / K-1 $30,000 $47,623 $70,000
Total Income $205,000 $233,868 $275,000
Expenses
Rent $28,188 $13,500 $27,000
Food + Gas + Utilities $12,000 $13,500 $15,000
Miscellaneous Expenses $12,000 $12,000 $12,000
Total Expenses $52,188 $39,000 $54,000