Comments on: 2006 Year-End Review I: Financial Moves http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/ Fri, 20 Nov 2009 19:09:54 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: 2006 Year-End Review III: Net Worth http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-54616 2006 Year-End Review III: Net Worth Mon, 30 Mar 2009 02:20:54 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-54616 [...] is the third part of my year-end review. In the first two segments of this review series, I looked our own contributions in 2006 and how a good market helped us in growing our net worth. Now it's time to see how we [...] [...] is the third part of my year-end review. In the first two segments of this review series, I looked our own contributions in 2006 and how a good market helped us in growing our net worth. Now it's time to see how we [...]

]]> By: 2007 Year End Reviews (I): Financial Moves | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-33201 2007 Year End Reviews (I): Financial Moves | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Mon, 31 Dec 2007 17:51:11 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-33201 [...] have done in the last year that could affect us financially, both in the short- and long-term, as I did at the end of 2006. Since we didn’t make any official goals when 2007 began, this review won’t be about [...] [...] have done in the last year that could affect us financially, both in the short- and long-term, as I did at the end of 2006. Since we didn’t make any official goals when 2007 began, this review won’t be about [...]

]]> By: The Sun http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-2604 The Sun Fri, 16 Feb 2007 16:22:23 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-2604 John: Depends on what you have with Fidelity. If it's a domestic fund (either blend or equity), then investing in VGTSX makes sense as it gives you the international exposure. Otherwise (which means you already have a foreign fund), VTSMX may be the to go. With this fund, you won't have extraordinary returns, but whatever the market offers at a very low cost. John: Depends on what you have with Fidelity. If it’s a domestic fund (either blend or equity), then investing in VGTSX makes sense as it gives you the international exposure. Otherwise (which means you already have a foreign fund), VTSMX may be the to go. With this fund, you won’t have extraordinary returns, but whatever the market offers at a very low cost.

]]> By: John http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-2521 John Thu, 15 Feb 2007 22:46:56 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-2521 Sun, thanks for the explanation. I plan to contribute a total of $5,500 to Roth IRA at Vanguard (I've already contributed $2,5000 at Fidelity). Among VTSMX, VGTSX and VWELX, which one would you recommend? It seems I can only invest on one fund becase according to Vanguard web page, the first two funds require a minimum of $3,000 and the Wellington fund require a minimum of $10,000. Thanks again for the help. Sun, thanks for the explanation. I plan to contribute a total of $5,500 to Roth IRA at Vanguard (I’ve already contributed $2,5000 at Fidelity). Among VTSMX, VGTSX and VWELX, which one would you recommend? It seems I can only invest on one fund becase according to Vanguard web page, the first two funds require a minimum of $3,000 and the Wellington fund require a minimum of $10,000. Thanks again for the help.

]]> By: The Sun http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-2486 The Sun Thu, 15 Feb 2007 05:28:15 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-2486 John: You are right, the deadline to open an IRA account is not the end of the calendar year, but rather the date to fill tax returns, which is April 15th. So you still have time to make 2006 contributions. Whether you send a check of $4000 or $8000 won't make a difference on how they are invested. You can always write down the Memo that $4000 is for 2006 and $4000 is for 2007 if you are sending a check. To make sure the brokerage firm keeps the record right, which is the only thing that matters in this case, give them a call when they receive your check and tell them its for both 2006 and 2007 so they won't you over-contribute in one calendar year. John: You are right, the deadline to open an IRA account is not the end of the calendar year, but rather the date to fill tax returns, which is April 15th. So you still have time to make 2006 contributions. Whether you send a check of $4000 or $8000 won’t make a difference on how they are invested. You can always write down the Memo that $4000 is for 2006 and $4000 is for 2007 if you are sending a check. To make sure the brokerage firm keeps the record right, which is the only thing that matters in this case, give them a call when they receive your check and tell them its for both 2006 and 2007 so they won’t you over-contribute in one calendar year.

]]> By: John http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-2481 John Thu, 15 Feb 2007 01:51:55 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-2481 Sun, >> I am very happy with this part as we contributed >> $8,000 into our Roth IRA accounts in 2006, though >> we have until April 14th, 2007 to do so. A simple question as I'm new to Roth IRA.. I didn't make any contribution to Roth IRA last year. Now that it's Feb. 2007 (but well before Apr 14), can I still contribute to last year's (2006) Roth IRA? From your post it seems so. If this is true then it means I can contribute a total of $8000 at this time - $4000 for 2006 and $4000 for 2007? How do they know which is for which years? Thanks. Sun,

>> I am very happy with this part as we contributed
>> $8,000 into our Roth IRA accounts in 2006, though
>> we have until April 14th, 2007 to do so.

A simple question as I’m new to Roth IRA.. I didn’t make any contribution to Roth IRA last year. Now that it’s Feb. 2007 (but well before Apr 14), can I still contribute to last year’s (2006) Roth IRA? From your post it seems so. If this is true then it means I can contribute a total of $8000 at this time – $4000 for 2006 and $4000 for 2007? How do they know which is for which years? Thanks.

]]> By: Tax Consequences of Our Taxable Investments for 2006 - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-1738 Tax Consequences of Our Taxable Investments for 2006 - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time Wed, 24 Jan 2007 22:08:46 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-1738 [...] the short-term gains, mostly from bank interests, will be taxed at our ordinary income rate. Those tens of thousands of dollars of 0% balance transfers I took were sweet. Now it's time to pay some [...] [...] the short-term gains, mostly from bank interests, will be taxed at our ordinary income rate. Those tens of thousands of dollars of 0% balance transfers I took were sweet. Now it's time to pay some [...]

]]> By: 2006 Year-End Review III: Net Worth - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-1003 2006 Year-End Review III: Net Worth - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time Wed, 03 Jan 2007 16:59:45 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-1003 [...] 2006 Year-End Review I: Financial Moves [...] [...] 2006 Year-End Review I: Financial Moves [...]

]]> By: 2006 Year-End Review II: Performance - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-962 2006 Year-End Review II: Performance - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time Tue, 02 Jan 2007 17:36:09 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-962 [...] 2006 Year-End Review I: Financial Moves [...] [...] 2006 Year-End Review I: Financial Moves [...]

]]> By: Bob http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-899 Bob Sun, 31 Dec 2006 05:08:52 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-899 Keep it up Sun.Will closely follow your blog in 2007. Keep it up Sun.Will closely follow your blog in 2007.

]]> By: Golbguru http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-889 Golbguru Sat, 30 Dec 2006 10:22:30 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-889 Golbguru to Sun --> This caught my eye first "The combined balance from all these offers were about $75,000" ...you rock dude ! Golbguru to Sun –> This caught my eye first “The combined balance from all these offers were about $75,000″ …you rock dude !

]]> By: TMT http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-884 TMT Sat, 30 Dec 2006 02:14:33 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-884 Sun, Great post and congrats on a great 2006. I look forward to reading your blog and following your progress into 2007 and beyond. Happy New Year, TMT Sun,

Great post and congrats on a great 2006.

I look forward to reading your blog and following your progress into 2007 and beyond.

Happy New Year,

TMT

]]> By: moneymonk http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-875 moneymonk Fri, 29 Dec 2006 21:41:23 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-875 Very good year for you Sun! 2007 should be very promising, just stay on course. You are doing very well! Happy New Year! Very good year for you Sun! 2007 should be very promising, just stay on course. You are doing very well!

Happy New Year!

]]> By: Michael http://www.thesunsfinancialdiary.com/about-me/2006-year-end-review-i-financial-moves/comment-page-1/#comment-869 Michael Fri, 29 Dec 2006 19:56:21 +0000 http://www.thesunsfinancialdiary.com/2006/12/29/2006-year-end-review-i-financial-moves/#comment-869 I think this was the most detailed year in review post I have seen. And by the way, GREAT JOB this year! I think this was the most detailed year in review post I have seen. And by the way, GREAT JOB this year!

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