Beyond The First Million

Personal Finance

Portfolio Strategy My asset allocation strategy remains constant. I am 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 […]

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 […]

LexShares Case #281 Resolved

Crowdfunding

Summary My 7th investment into commercial litigation crowdfunding has reached an out-of-court settlement. It’s 73 days from the time of capital commitment to distribution, or 60 days from a disbursement of funds. The investment has generated 1.79x MOIC and 1740% XIRR. Funding In July 2017, LexShares opened a new investment opportunity. Projected net return was […]

Credit Limit 101

Credit Cards

How to Build Credit History from Scratch Continue from previous post Can you talk a little more about how to get started doing credit card arbitrage, like the basics? I just discovered this and am still trying to get my head around how you get the cash from the cards to invest. I think you are […]

Balance Transfer 101

Credit Cards

Getting started with Credit Card Arbitrage Recently a reader Evan asked the following question in a blog comment: Can you talk a little more about how to get started doing credit card arbitrage, like the basics? I just discovered this and am still trying to get my head around how you get the cash from […]

EVIVA Midtown Project Repaid (iFunding)

Crowdfunding

EVIVA Midtown Add-on Project Paid Off My 1st preferred equity investment on commercial real estate project has completed. It’s 366 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 19.45% XIRR. Funding In September 2016, iFunding announced a $600,000 preferred equity follow-on offering for EVIVA Midtown. The […]

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 […]

To the top