Introduction
It is my personal finance research. I spent over 13 months to research my own personal finance data. I do own a home with market value $135,000 US dollars in Florida state, and less than $30,000 US dollars 401 and IRA account, so I also worked 10 years full time in Canada, and saved almost $80,000 dollars. I think that it is a good idea to evaluate what percentage is generated by market value profit (market change).
Why good at math is not good enough?
I worked on math education very hard from 1984 to 1988. I can do so good on real analysis and probability, statistics from 1996 to 1997. But I do not have skills to learn new area in terms of risk management, understand market risk, and control my emotions to discipline myself.
I grew up with five siblings. I grew up with so many problems to understand how a good society should work.
I do not own anything in Canada. I did not purchase any real estate from 2010 to 2019, and I did not purchase a brand new car. I purchased a used 2001 Honda accord in 2014, and I am easily to get scammed by maintaining a car.
My passive income in Canada is less than $5000 dollars, since I did not learn and also invest anything from 2010 to 2019.
But from 2010 to 2019, my Florida home has market value gain, the value is $135,000 dollars. I did study and investigate how much I spent on my rental income, and then I figured out that I did not invest those money, and ended up spending Canada income to pay repair. Here is the analysis. From 2010 to 2015, I enjoyed shopping clothes, and I did not learn how to invest in stock market.
My net income from 1996 to 2010 is around $200,000 dollars, I added all my 1040 together. I also added all my income together in Canada.
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