My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 2020 with at least $3 million.

By Topics

0. About (10)
1. My Progress (139)
2. Car & Home (107)
3. Credit (138)
4. Banking (33)
5. Saving (49)
6. Investing (308)
7. Taxes (89)
8. Spending (74)
9. Misc (97)
A. Archive (49)


Feb 2014 (3)
Jan 2014 (6)
Jan 2012 (1)
Apr 2011 (1)
Mar 2011 (1)
Feb 2011 (1)
Jan 2011 (1)
Dec 2010 (1)
Oct 2010 (1)
Sep 2010 (1)
Aug 2010 (1)
Jul 2010 (1)
Jun 2010 (1)
May 2010 (1)
Apr 2010 (1)
Mar 2010 (6)
Feb 2010 (2)
Jan 2010 (7)
Dec 2009 (3)
Feb 2009 (4)
Jan 2009 (8)
Dec 2008 (1)
Jun 2008 (2)
May 2008 (2)
Apr 2008 (5)
Feb 2008 (3)
Jan 2008 (15)
Dec 2007 (32)
Nov 2007 (6)
Oct 2007 (8)
Sep 2007 (9)
Aug 2007 (24)
Jul 2007 (2)
Jun 2007 (1)
May 2007 (3)
Apr 2007 (4)
Mar 2007 (4)
Feb 2007 (13)
Jan 2007 (6)
Dec 2006 (3)
Nov 2006 (7)
Oct 2006 (7)
Sep 2006 (6)
Aug 2006 (4)
Jul 2006 (10)
Jun 2006 (1)
May 2006 (3)
Apr 2006 (2)
Mar 2006 (6)
Feb 2006 (6)
Jan 2006 (3)
Dec 2005 (1)
Nov 2005 (9)
Oct 2005 (8)
Sep 2005 (13)
Aug 2005 (25)
Jul 2005 (16)
Jun 2005 (17)
May 2005 (19)
Apr 2005 (20)
Mar 2005 (24)
Feb 2005 (23)
Jan 2005 (36)
Dec 2004 (40)
Nov 2004 (34)
Oct 2004 (17)
Sep 2004 (21)
Aug 2004 (59)
Jul 2004 (37)
Jun 2004 (31)
May 2004 (29)
Apr 2004 (52)
Mar 2004 (49)
Feb 2004 (49)
Jan 2004 (31)
Dec 2003 (48)
Nov 2003 (52)
Oct 2003 (29)
Sep 2003 (8)
Aug 2003 (5)
Jul 2003 (2)
Jun 2003 (2)
May 2003 (5)
Apr 2003 (2)
Mar 2003 (2)
Feb 2003 (3)
Jan 2003 (29)


Monthly Review - October 2005 ($353,676, +$89,790)

Contributed by mm | November 5, 2005 1:56 PM PST

What can be more complex personal finance wise than selling a house, selling two cars, securing two life insurance policies, setting up business banking and accounts, and opening several self-employment 401(k) accounts in one single month? Count an international move on top of it.

This month's net worth report reflects my financial picture after the closing of the property -- obviously, most of the significant monthly advance of nearly $90,000 comes from gap before the unaccounted-for house appreciation in the last two years. Also, not unexpectedly, I have a huge chunk of cash at hand waiting to be parked in better places.

Take a look at my balance sheet -- I simplified it a bit now that I am homeless and wheel-less :-)

  1 Yr Ago 2-Mo Ago Last Month This Month Monthly Monthly
  Oct-04 Aug-05 Sep-05 Oct-05 Change Change %
Cash & Savings  $        34,494  $        48,259  $        57,856  $      255,909  $       198,053 342%
Brokerage  $        15,269  $        14,625  $        13,613  $        14,799  $           1,186 9%
401(k)  $        26,022  $        64,505  $        66,543  $        71,394  $           4,851 7%
Roth IRA  $        13,722  $        16,941  $        17,503  $        14,057  $          (3,446) -20%
Stock Option  $          9,919  $        28,720  $        19,294  $        19,160  $             (133) -1%
ESPP  $          1,139  $          2,438  $          6,307  $                -    $          (6,307) -100%
House and Cars  $      331,607  $      347,021  $      347,484  $                -    $      (347,484) -100%
Receivable (Payable)  $          1,834  $          4,514  $        (1,189)  $          2,803  $           3,991 -336%
  Total Assets  $      434,008  $      527,022  $      527,411  $      378,121  $      (149,290) -28%
Credit Card Loans  $          7,143  $        13,821  $        14,892  $        17,718  $           2,826 19%
Tax Liability  $          2,618  $          8,556  $          6,452  $          6,727  $              275 4%
Mortgage  $      246,632  $      242,591  $      242,181  $                -    $      (242,181) -100%
  Total Liabilities  $      256,393  $      264,968  $      263,525  $        24,445  $      (239,080) -91%
Net Worth  $      177,615  $      262,054  $      263,886  $      353,676  $         89,790 34%

As usual, let me discuss the changes by lines:

Cash & Savings: Proceeds from the house and (two) car sales rolls into this line. Most of the balance is currently parked in savings (i.e. EmigrantDirect) and Fidelity money market accounts, yielding about 3.5%-4.0% right now.

401(k): With me leaving the statutory company of Microsoft US, I have to repay the 401(k) loan I secured two years ago during my house purchase. The loan was repaid in the month, hence the monthly increase. Moving forward, 401(k) line should only represent month-to-month portfolio gains and losses, until I start to contribute to the self-employment 401(k) (i.e. individual 401(k)s).

Roth IRA: Likewise, the drop in Roth IRA balance is not market driven. Earlier this year, I discussed that I was priced out of Roth IRA due to some additional income streams and the expected relocation benefits (which shows as W-2 income). As a result, I had to withdraw the excessive contribution for tax year 2005, and the transaction was completed in October.

Receivable (Payable)/Credit Card Loans: The increase in both accounts represents some self-paid relocation expenses I have yet to seek reimbursement. I will expect more to come as reimbursement process is lengthy for overseas assignment.

Let me skip the expense part for good reason -- too much closing cost and moving cost make the monthly data meaningless -- and share some priorities for the months to come:

- Now that I have tons of cash at hand, I will start to gradually move some of the funds to more rewarding investment vehicles. This may mean growing exposure in the stock market via individual stock pick or mutual funds for now. This may mean a new focus for my PFBlog contributions -- I might not be able to contribute frequently on best banking or credit card deals, but will do more on investment management and this will definitely be very meaningful for US-based readers.

- After the international move, I need to sort out the banking and investment vehicles in the new land. (Let me share the destination is Shanghai, China.) Apparently, one of the things I need to think through is how to hedge the exchange rate risk -- my USD-dominated asset is literally dwindling by the day.

- Of course, some elements of personal finance will resurface in the new city, namely housing and transportation. Shanghai's local real estate market experienced a booming in the last three years, but is currently crashing (15-20% price correction in about six months). This will beg the classic question of buying or renting?

- Maybe a comparative study of personal finance culture and products across the ocean? (That's a long shot for sure.)

This Post Has Received 74 Comments. Share Your Opinions Too.

Jonathan Commented on November 5, 2005

Just wanted to say congratulations and good luck on your new endeavor. Although it seems like you are moving back to your native country (?) at least temporarily, it still takes courage and determination to pick up your family and move like that.

savvy saver Commented on November 6, 2005

Congrats and good luck! I hope everything goes well!

Caitlin Commented on November 6, 2005

I will definitely be tuning in for cross-continent comparisons. And I echo the congratulations!

2million Commented on November 6, 2005

MM - congrats as well! Once everything settles down I am curious to hear in particular how you made out selling your cars - I know you bought a BMW not too long ago and I am curious to see if you will do an analysis of the total cost of ownership.

Flexo Commented on November 6, 2005

Congrats again -- I look forward to reading your updates from the overseas perspective.

pfadvice Commented on November 7, 2005

Ah, living in a foreign country. Always an adventure! Best of luck on the move and the adjustment of living across the pacific.

Jason Commented on November 7, 2005

Good luck in your move. I recently read that their average household saving is a staggering 25% of income! Will be interested to hear how they achieve this - especially given that US household average saving is ~ 0%

Fidelity Observer Commented on November 8, 2005

Interesting times are ahead, for sure! I would advise against buying real estate in Shanghai. Despite the recent correction, prices are already inflated; there are quality issues, even at supposed high-end addresses; there is an extra layer of bureaucracy to deal with if you are buying as a foreigner; and I am not convinced the political situation in China is stable -- an issue which has burned expats before.

Stick with renting, enjoy your sojourn, and keep the great posts coming!

Claire Commented on November 12, 2005

I'm looking forward to your currency conversion thoughts. My brother and his wife live in Europe but have investment accounts, and until recently, real estate in both countries. Luckily they have a good accountant in each place.

Greg Commented on December 8, 2005

Be carefull with the real estate market over there, I lived in country for about two years and the market is a roller coaster. You would be much better off renting and investing your money elsewhere.

Good Luck,


AaronSit Commented on March 4, 2017

wh0cd162351 valtrex where can i buy elimite generic singulair cost order zoloft online without prescription

EugeneOrert Commented on May 30, 2017

wh0cd267239 online viagra buy amoxicillin

CharlesLiede Commented on June 18, 2017

wh0cd101098 Buy Wellbutrin XL viagra soft

EugeneOrert Commented on June 19, 2017

wh0cd68098 resources anafranil zoloft purchase augmentin buy abilify buy seroquel

MichaelNub Commented on June 20, 2017

wh0cd923066 benicar 20 mg levaquin buy tretinoin cream 0.01 seroquel

Vladlenlob Commented on July 17, 2017

viagra lloyds online. - viagra

buy viagra

is there a generic viagra pill

Vladlenlob Commented on July 18, 2017

generic viagra cialis uk, - viagra cheap

viagra cheap

viagra available generic form

CharlesLiede Commented on July 18, 2017

wh0cd993932 buy metformin buy citalopram colchicine

Vardelob Commented on July 20, 2017

cialis soft reviews and dosage

buy cheap cialis

buy cheap cialis

acheter du cialis original

Yulialob Commented on July 21, 2017

viagra wirkung essen

generic viagra

buy viagra

viagra super on line sales

Yulialob Commented on July 21, 2017

viagra 50 vademecu


generic viagra

viagra naturale impotenza

Yulialob Commented on July 22, 2017

buy pills better than viagra

buy viagra

online viagra

kings residential co uk viagra

Yulialob Commented on July 22, 2017

pharmacysale viagra



150 mg viagra generic.

Kolyalob Commented on July 23, 2017

compra de cialis original - generic cialis online

cialis online

cialis tadalafil 20mg original

Valdaylob Commented on July 24, 2017

buy viagra soft tablets usa

cheap viagra


how much viagra should i take

Valdaylob Commented on July 24, 2017

viagra rembourse par la secu

viagra cheap

online viagra

trial sample viagra

Moiseslob Commented on July 25, 2017

tabs cialis online

buy cheap cialis

online cialis

fijacion de precios de cialis

Veliklob Commented on July 26, 2017

order viagra online cheap cost - cheap viagra

buy viagra online

buy real viagra cheap

Moiseslob Commented on July 26, 2017

cialis tabletten teilen

buy cheap cialis online

buy cheap cialis

generic cialis send to canada

Moiseslob Commented on July 29, 2017

cialis delivered to canada - cheap cialis


do i take cialis everyday

Steklobanki-Geobe Commented on July 30, 2017

Holllob Commented on July 30, 2017

wow)) order viagra cialis

[url=]buy viagra online[/url]

viagra super active

100mg generic viagra

Kiojoelob Commented on July 31, 2017

directions on use of cialis

[url=]buy cheap cialis[/url]

buy cialis

cialis sales 2010

Genalob Commented on July 31, 2017

criteria for free viagra

[url=]buy viagra[/url]

cheap viagra online

generic viagra from aurochem

Voloaslob Commented on July 31, 2017

google viagra 800mg

[url=]sildenafil online[/url]


vendo viagra en mano madri

Sololob Commented on July 31, 2017

best HOU TX cash advance

[url=] personal loans[/url]

personal loans

quick faxless loans

Voloaslob Commented on July 31, 2017

purchase viagra us

[url=]generic viagra online[/url]

sildenafil citrate

viagra aucun effet

Tramlob Commented on August 1, 2017

can you buy cialis soft

[url=]online cialis[/url]

cheap cialis

cialis prescription uk

Kolyalob Commented on August 1, 2017

viagra pfizer cheap

[url=]viagra online[/url]

viagra online

ready viagra

Moiseslob Commented on August 1, 2017

canada viagra cialis on line

[url=]viagra online[/url]


much does viagra cost

Kolyalob Commented on August 1, 2017

viagra effetti indesiderati

[url=]sildenafil online[/url]

online viagra

cheap viagra super active au

Kolyalob Commented on August 1, 2017

viagra cheap prices

[url=]viagra online[/url]

generic viagra online

wow)) viagra canada scam

Mariamox Commented on August 2, 2017

Хотели бы как-то разнообразить сексуальную жизнь? Добиться принципиально новых ощущений позволят эротические товары

Один из самых популярных способов достичь ярких ощущений – купить вибратор. С его помощью достаточно легко добиться дополнительной симуляции особо чувствительных зон и точек. Только не пользуйтесь им в одиночку, доверьтесь своему любимому. Это упрочит вашу связь и позволит стать более раскованными друг с другом.
Также среди игрушек для взрослых распространены эрекционные кольца, наручники, различные смазки и стимуляторы. Начните с чего-нибудь одного, не бойтесь эксперементировать с разными вариантами, и вы непременно сможете отыскать то, что понравится вам и партнеру.
Стоит отметить: купить презервативы, вакуумные помпы, вагинальные шарики,фаллоиммитаторы, и другие секс-игрушки вы можете в интернет-магазине «Афродита» (

Moiseslob Commented on August 2, 2017

viagra professional safe

[url=]online viagra[/url]

buy viagra

only for you buying viagra

Moiseslob Commented on August 2, 2017

le viagra de fakone

[url=]online viagra[/url]

generic viagra

viagra hypotension

Moiseslob Commented on August 3, 2017

very cheap generic viagra uk

[url=]cheap viagra[/url]


viagra plus lawsuit

Lioslob Commented on August 3, 2017

on cialis purchase in line

[url=]buy cialis online[/url]

cheap cialis online

cialis 5 mg lowest price

CharlesLiede Commented on August 4, 2017

wh0cd111349 [url=]clonidine 0.1[/url] [url=]cephalexin keflex 500 mg[/url] [url=]clindamycin[/url]

Dol33larMon Commented on August 12, 2017

[b]Добро пожаловать на наш сайт[/b]
[b]V.I.P. Услуги
DoubleVPN Service
Proxy/Socks Service[/b]
Всегда огромное количество socks и proxy серверов онлайн
в данный момент: 33557 IP в 198 государствах
[b]Высочайшая анонимность - мы гарантируем, что наши прокси сервера полностью анонимны[/b]
(тоесть не ведут логов и не модифицируют http заголовки)[/b]

Шифрация траффика до сокс сервера, собственные технологии туннелирования траффика!
Сверхнадёжная защита IP и абсолютно всех соединений без применения VPN
Возможность защищённого соединения с сокс серверами включена на всех тарифах! Замаскировать или изменить свой IP можно 2-мя кликами мышки.

[b]Совместимо с Windows 2k/2k3/XP/Vista/Seven/Win8
Совместимо с MacOS, Linux, BSD (100% работоспособность через WINE)
Совместимо с любыми виртуальными машинами[/b]

Безусловно САМЫЕ низкие расценки на безлимитный доступ при самом высоком качестве
Наше правило - больше приобретаешь - меньше платишь
Возможность выбора наиболее подходящего анонимного прокси сервера - фильтрация по маске
-IP Hostname Language Uptime Country City Region-
Неизрасходованные прокси не сгорают при окончании срока действия аккуанта.
ICQ бот на всех без исключения тарифных планах!
[b]Высококлассная техподдержка[/b]
Автоматическая оплата средствами популярных платёжных систем WebMoney , PerfectMoney и BITCOIN
Полностью Анонимный VPN Сервис
Доступ по защищённому https протоколу
[b]Всё что надо для получения доступа это зарегистрироваться и произвести оплату![/b]

[url=]Vip proxy[/url]
через прокси
купить соксы прокси
openvpn client windows
купить прокси ipv4 россия

Vecdhazy Commented on August 21, 2017

car insurance for teens
car insurance quotes
insurance of car
cheap auto insurance ’

Fryenkodex Commented on August 23, 2017

Такого прикола давно не видел!

[url=]секс игрушки для мужчин[/url]

[url=]смотреть секс игрушки[/url]

секс игрушки видео

JosephNucky Commented on August 23, 2017

[url=]настя каменских анд ин тхе щинтер анд ин суммер оне щорд ис прегнант[/url]

[url=]чристине асмус щаитинг фор тхе фирстборн фром кхарламов[/url]

[url=]татяна денисова таня денисова 11 фото[/url]

[url=]маша малиновская маша малиновская 38 фото[/url]

[url=]екатерина варнава екатерина варнава 25 фото[/url]

[url=]андреы искорнев андреы искорнев 24 фото[/url]

[url=]тимберлеык открыит для новыих отношени[/url]

[url=]елена беркова решила всерез занятс[/url]

[url=]анна семенович прошляпила авто как[/url]

фанс оф хоусе 2 ацтивелы щатчинг а лове триангле ксениа бородина

мариа кожевникова шавед балд

шерил коул черыл цоле 25 фото

санта димопулос санта димопулос 18 фото

ирина шеык ирина шейк 27 фото

вин дизел вин диесел 14 фото

певитса валерия и меладзе стали узника

катя осадчая отправилас в мехико за

валерия крук страдает маниакалныим у

Georgenix Commented on August 24, 2017

[url=]roxanne milana[/url]

[url=]anal kika 1997[/url]

[url=]katinyi snovideniya[/url]

[url=]lichnaya zhizn dzhudit foks[/url]



austin kincaid 3

sisyastyie doktora

ukus vampira bite 1991

met i red kak zabatsat vecherinku v osobnyake pleyboya 2

tochka vspyishki

vlyublenie po ushi

cassandra wild

shotlandskiy lovelas

eroticheskoe rondo

baffi seks parodiya

tochka vspyishki

elli stanovitsya dikoy

tiffani di givanni

50 parney konchayut vnutr 2


tatyana 3

nikogda bolshe ne budet odinokih nochey

glubokiy vodnyiy mir

Frangfiple Commented on August 25, 2017

[url=]ерица релеасед тхе сингле хеавен ин халф щитх тхе партиципатион оф теамс оф у с а продуцерс[/url]

[url=]кривошапко хандсоме мачо агаин фрее[/url]

[url=]хаыди клум хеиди клум 34 фото[/url]

[url=]лилия ребрик лилия ребрик 15 фото[/url]

[url=]ксения бородина ксения бородина 25 фото[/url]

[url=]агата мутсениетсе агата мутцениетце 33 фото[/url]

[url=]таына свадба инныи тсыимбалюк не подлеж[/url]

[url=]звёздная пара джессика алба и кеш уор[/url]

[url=]натали портман сбежала со свадбыи к лю[/url]

хугх лаурие анд томоррощланд нещ сецрет проэцт щитх георге цлоонеы

чристине асмус щаитинг фор тхе фирстборн фром кхарламов

тимати тимати тимур юнусов тимур юнусов 22 фото

маша малиновская маша малиновская 38 фото

велес велес дмитриы волхов дмитрий волхов 17 фото

джастин бибер юстин биебер 3 фото

тимберлеык открыит для новыих отношени

избитая крисом брауном рианна внов б

10 лет счастливого брака маши ефросинин

Danielbak Commented on August 25, 2017

[url=]настася самбурская и её откровенныие фото засветы 15 фото[/url]

[url=]натуралныие болшие груди брюнетки в ковбоыскоы шляпе белоы маыке и джинсах 9 еро фото[/url]

[url=]японская девушка с пыишныими формами япанесе гирл щитх магнифицент формс[/url]

[url=]надин янсен служба 112 надине янсен сервице 112[/url]

[url=]смазливая милашка брыци пинк цорсет секси пицтурес[/url]

крутыие засветы под юбкоы част 2 38 фото

молоденкая брюнетка перед щеб камероы показыивает крупныие сиски 7 домашних онлаын еро фото

сисястыие грудастыие девушки

фото женских прелестеы в домашних условиях

еро фото яна дефи бусты пинуп интим пицтурес

Kevincrina Commented on August 26, 2017

[url=]camila cerchiari revista sexy[/url]

[url=]camila wernek ensaio sensual[/url]

[url=]nubia oliver[/url]

[url=]dani bananinha revista playboy[/url]

[url=]alessandra ferreira revista sexy[/url]

anny castro revista sexy

antonia fontenelle playboy

as melhores de 2009

suzana rios

nathalia ferreira

KennethCed Commented on August 27, 2017

wh0cd4533 [url=]generic levitra 20mg[/url] [url=]advair[/url]

Richarddig Commented on August 27, 2017

cheapest viagra fast delivery brand viagra with fast delivery cialis 20mg mail order canadian pharmacies mail order maxifort 50 mg

Johnbrutt Commented on September 6, 2017

[url=]Visit This Link[/url] [url=]More Help[/url]

MichaelNub Commented on September 8, 2017

wh0cd5704224 [url=]lasix no prescription[/url] [url=]buy ventolin inhaler online[/url]

AaronSit Commented on September 10, 2017

wh0cd6953338 [url=]adalat without prescription[/url] [url=]buy abilify[/url]

DrvbBeanny Commented on September 11, 2017

what is viagra used for -
viagra dosage recommended viagra online ’

JuiBeanny Commented on September 11, 2017

cialis generic -
cialis no prescription cialis ’

KmrvEndams Commented on September 13, 2017

car loans people bad credit
cash advance
payday loans people bad credit
payday loans ’

Brettlix Commented on September 14, 2017

[url=]lisinopril 20mg[/url] [url=]read full article[/url] [url=]vardenafil hydrochloride[/url]

MichaelNub Commented on September 14, 2017

[url=]rimonabant acomplia buy[/url] [url=]tretinoin 0.1 cream[/url] [url=]doxycycline[/url]

KennethCed Commented on September 14, 2017

[url=]doxycycline price[/url] [url=]GENERIC VIAGRA[/url]

CharlesLiede Commented on September 14, 2017

[url=]anafranil for depression[/url] [url=]buy methotrexate online[/url] [url=]buy elocon cream[/url] [url=]clonidine hcl 0.1 mg tablet[/url]

KennethCed Commented on September 15, 2017

[url=]Buy Colchicine Online[/url] [url=]cialis pills[/url]

KcmrvEndams Commented on September 15, 2017

bad credit car loans
cash advance
payday loan direct lender
cash advance ’

Bennyanymn Commented on September 15, 2017

[url=]Cymbalta 30 mg[/url] [url=]bupropion[/url]

KennethCed Commented on September 16, 2017

[url=]cialis pills[/url] [url=]bupropion sr 150 mg[/url]

Yloslob Commented on September 18, 2017

no prescription generic viagra

[url=]cheap viagra[/url]

viagra online

viagra cost philippines

VetbFlandy Commented on September 19, 2017

personal loans for debt consolidation - plaingreenloans com personal loans bad credit ’

Add Your Comments

Remember personal information?

(It will take a few moments for your comment to be published. Please do not close the window until then.)

Read More ... 152 Posts In The Same Category

This page was last rebuilt at September 19, 2017 02:47 PM PST. (778 Words)



Consumerism Commentary
Get Rich Slowly
My Money Blog
All Financial Matters
The Simple Dollar


Copyright 2003-2014, All Rights Reserved. (Privacy Policy)