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 :-)

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.)