Author Topic: Net worth increase 2017 (i.e. the 'present' you give yourself)  (Read 103402 times)

Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #500 on: December 15, 2016, 02:03:56 PM »
Seeing this topic in the list of unread threads for a long time now prompted me to do the calculations for us It's off by 2 weeks (30 Dec 2015 to 15 Dec 2016), but whatevs.

2015: 1214953.98
2016: 1472968.49

Delta: 258014.51

Wow!

Awesome.. I made about half that with almost no salary contribution and an 80/20 stock/(bond+cash) portfolio on a slightly bigger portfolio.

What are you doing? Robbing banks?..:)

acooper610

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #501 on: December 15, 2016, 02:38:17 PM »
Dec 2014 - ($10k) NW, graduated college with engineering degree, owed parents $12k for college.
Started working in early 2015
Dec 2015 - about $20k NW, still owed parents about $6k. Cheap COL, several roommates
Dec 2016 - $71k NW according to Mint, started reading MMM in April or May 2016, paid parents back.

Not bad for 24 years old!

ysette9

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #502 on: December 15, 2016, 02:42:03 PM »
Our AA is probably something like 95/5 and our baseline auto contributions plus match should have come out to $133k this year. If any extras like RSUs or bonuses come in during the year, then those get saved. I don't have the details in front of me now to know exactly how much we funneled in and how much was investment gains, but it is cool to see how powerful a few percentages up in market turns into some serious dough.
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Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #503 on: December 15, 2016, 02:47:52 PM »
Dec 2014 - ($10k) NW, graduated college with engineering degree, owed parents $12k for college.
Started working in early 2015
Dec 2015 - about $20k NW, still owed parents about $6k. Cheap COL, several roommates
Dec 2016 - $71k NW according to Mint, started reading MMM in April or May 2016, paid parents back.

Not bad for 24 years old!

Not bad?.. Thats fantastic.. Well done..:)

gimp

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #504 on: December 15, 2016, 03:20:13 PM »
I guess it's pretty close to the end of the year, right? Short of someone in high political office tweeting something ludicrous, stock prices probably won't move much. Net worths figure in all investments, savings, and loans.

BS graduation: mid-2014; loans: ~$38k at graduation

2015: $87,698
2016: $151,595
Delta: + $63,897 + fun car ($0 on net worth sheet, ~$20k to buy and register)

About $20k less than last year, which is hardly surprising given the above. Still quite decent.

Looking forward to seeing the kind of numbers some of you folks are seeing, some day.

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #505 on: December 16, 2016, 12:13:55 AM »
I get paid next week so there's still a bit of inflows to come before the year is out.

Suffice to say I'm tracking almost exactly the same increase as last year at about +178k.

Bricks and Mortar... it just rained growth again this year. Will post a final figure on 31 Dec and roll on 2017 when I should cross $1m :)

mustachepungoeshere

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #506 on: December 16, 2016, 12:59:18 AM »
I get paid next week so there's still a bit of inflows to come before the year is out.

Suffice to say I'm tracking almost exactly the same increase as last year at about +178k.

Bricks and Mortar... it just rained growth again this year. Will post a final figure on 31 Dec and roll on 2017 when I should cross $1m :)

Killing it, as always. Well done.

hoosier

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #507 on: December 16, 2016, 11:15:42 AM »
January 1.  Everything but the house.  No debt.

'14: 238K
'15: 264K
'16: 292K
'17: 394K (projected)

This year is a little misleading due to the dump the market took in the end of December last year where I dropped about $30K in a week.

Bateaux

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #508 on: December 18, 2016, 04:48:20 AM »
January 1.3 M
December 1.575
“Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.”
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dividendsplease

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #509 on: December 18, 2016, 06:12:44 AM »
end of 2015: 27,198

found MMM

end of 2016 proj: 81,257

Gerard

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #510 on: December 18, 2016, 09:53:59 AM »
It's heartening to see people's net worth go from negative to positive.

I'm up about 32K this year, but I went back and did all six years for which I have data, and it was a really reassuring upward slope.

I hadn't actually done this look-back for a while, so thanks, OP, for reminding me!
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AllTheLights

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #511 on: December 18, 2016, 11:15:30 AM »
First time posting but I have been reading for a while.  I was relatively money conscious prior to finding MMM but my awareness has definitely gone up since reading this blog and others over the past 8 months or so.

NW Gains by year:
2013: +$29,300
2014: +$28,700
2015: +$40,900
2016: +$64,400 (projected)

These are inclusive of property value increases.  We bought our first home in 2014 and spent a lot of money on household wares/improvements/stuff, that's why the increases stagnated a little bit.  We got our heads on straight in late 2015 and then kicked into a higher gear this past year.  Altogether my personal expenses were reduced by almost $18k (I was really spending like a drunken sailor in 2015 apparently) in 2016 compared to 2015 and there is still room for more improvement.

I'll revisit this post after December 31 to see how accurate my projection was.  Maybe I'll include some info about our combined NW change as a couple (numbers above are just me).

Bracken_Joy

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #512 on: December 18, 2016, 01:28:14 PM »
1/1/15- $0
11/20/15- $29,800

We haven't been tracking long, but January marked $0 net worth, which is a convenient starting point. (We didn't combine finances fully until this year, so before that, numbers are unclear).

We're now at just around $30k, depending on how the market is going. Hoping to finish the year around $33k, but we will see.

I think $30k in one year isn't too shabby, considering we make about $90k per year, paid two months of overlapping rent, and got married.

Approximate 2016 end of year numbers! Needless to say.... a big jump this year. +$78,517 in 2016. Combined earnings will probably come out to ~$105k for the year. Combination of market gains, home purchase that worked out nicely (immediately valued higher than we paid), and a generous gift from my grandmother to help pay some student loans.

12/18/2016: $108,317
11/20/15: $29,800
1/1/15: $0
(2014, -$20k, although that's pretty much a total guess)
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SwordGuy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #513 on: December 18, 2016, 02:58:41 PM »
Haven't gotten the end of year dividends from Vanguard and can't see the earnings info on our 401ks at the moment, so this is just an approximation..

As of today, at least $100,000.   That assumes a flat market.

I'm going to move stuff from all our old 401ks into Vanguard at the start of the year so I can get better visibility, streamline things, and get better returns.  Don't want to take a chance on losing out on the end of year dividends from the old accounts

Zaga

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #514 on: December 18, 2016, 05:46:08 PM »
I like the idea of what % of FI we are each year.  Pretty standardized that way!

Jan 1 of 2016 =19% FI
Jan 1 of 2017 ~27% FI (we are at 26% now, end of year contributions are larger than other months)

Travis

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #515 on: December 18, 2016, 05:59:52 PM »
JAN 2014 - $364k (owned a truck, a garage full of "stuff," investments were fairly conservative and spread across 30 high fee funds. And half that $364k was cash!
DEC 2014 - $458k (sold truck, sold stuff, started Roth IRA for DW, got into Vanguard with a much more aggressive AA, deployed and came close to maxing the extended TSP limit)

DEC 2015 - $525k give or take what happens next week.  This year was fairly straightforward as far as AA and contributions go so my NW increase was pretty much what I put in to it since I had zero growth.

DEC 2016 - $650k. So around a $125k increase, and $72k of that is contributions.
« Last Edit: December 27, 2016, 05:40:00 PM by Travis »
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Wile E. Coyote

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #516 on: December 18, 2016, 09:31:15 PM »
Haven't gotten the end of year dividends from Vanguard and can't see the earnings info on our 401ks at the moment, so this is just an approximation..

As of today, at least $100,000.   That assumes a flat market.

I'm going to move stuff from all our old 401ks into Vanguard at the start of the year so I can get better visibility, streamline things, and get better returns.  Don't want to take a chance on losing out on the end of year dividends from the old accounts

Mutual fund distributions will generally reduce the net asset value of the fund, so it generally will be a wash. You won't lose out by moving stuff now.

Chaplin

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #517 on: December 18, 2016, 10:30:48 PM »
It's January 1 so I did the calculations today of course. There are still some estimates since not everything is easily available electronically so I have to wait for some paper statements (fixing this is a goal for 2015).

Net worth increased about $151K, a mind-blowing number to me. This includes home equity which is a bit less than half of our total NW.

Another goal for 2015 is to do a better job of tracking how much gain or loss is due to the markets and how much is due to contributions. Right now I estimate that the $151K increase is about $101K contributions and $50K market related.

Fun to see that I had posted in this thread almost two years ago.  I reported that in 2014 our NW had gone up $151K ($CAD, but still nice). I revised 2014 due to a better real estate valuation, so it looks like this:
2014: $174K increase in NW
2015: $213K increase
2016: estimating a $239K increase

I apologize for linking to this again, but it seems relevant for this thread. I had posted back in 2014 that I wanted to better understand where our changes in NW had actually come from, so I finally worked it out:



Not expecting those real estate gains to continue...

marty998

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #518 on: December 18, 2016, 11:40:21 PM »

Not expecting those real estate gains to continue...

I said this a year ago. It did :D

Dare I say it again this year?

itchyfeet

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #519 on: December 19, 2016, 11:23:18 AM »
Wow, if your investment account is increasing by 3x gross earnings I would presume your days earning "gross earnings" are very limited in number.

Even if you were spending 100% of current gross earnings you would have accumulated a further 2 years of spending in a year of being FIRED. That's a lot of growth.

PhrugalPhan

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #520 on: December 19, 2016, 12:17:32 PM »
Not including any real property (house / car / misc.):  I started the year at $540k in investments (not including savings).  As of this week, I am around $670k in investments.  My savings total hasn't really moved.  So a $130k investment increase on a $90k salary (and $20k yearly expenses).  I could get used to this.

Tigerpine

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #521 on: December 20, 2016, 08:04:16 PM »
It was 2015 when I started to really get my fiscal house in order, so my numbers are nowhere near as impressive as those before me, but....

Started the year with a negative net worth of roughly $3700.
Ended the year with a positive net worth of roughly $35,000.
Net gain of about $38,700.

Heading in the right direction!

SwordGuy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #522 on: December 20, 2016, 09:50:47 PM »
It was 2015 when I started to really get my fiscal house in order, so my numbers are nowhere near as impressive as those before me, but....

Started the year with a negative net worth of roughly $3700.
Ended the year with a positive net worth of roughly $35,000.
Net gain of about $38,700.

Heading in the right direction!

Awesome!    Keep that up and you'll be in great financial shape really fast.  And the rate of accumulation accelerates as time goes by, especially as you're now in positive net worth land!

Imustacheyouaquestion

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #523 on: December 21, 2016, 09:55:07 AM »
Dec 2015: $65,356
Dec 2016: $106,701

+ $41,345

My (ambitious) goal for 2017 is to hit $150k.

obstinate

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #524 on: December 21, 2016, 11:45:51 PM »
This %FI idea is fantastic. I didn't post raw numbers before because it would seem like bragging.

Start: 69%FI
Finish: 84%FI (+15%)

!! This is a rough estimate because I deleted my Mint this year in a random panic and only started back on tracking midway through the year. I don't have exact numbers on what my networth was at the start of the year, so I'm just working backwards from my income less expenses, and the one-year view of Personal Capital's YouIndex.
« Last Edit: December 21, 2016, 11:47:41 PM by obstinate »

mousebandit

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #525 on: December 22, 2016, 04:40:01 AM »
Aug 2015 discovered MMM
Dec 2015. NW $96,470
Dec 2016. NW $269,100

Increase: 172,630

The vast majority of this is from selling our old homestead and buying a new one, but it feels good, liquid or not. 

Not sure yet for 2017 goal, but it will include $37,500 in liability reduction, and maybe another $25,000 in savings.  Shooting for a 50% or better 2017 SR.

happy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #526 on: December 22, 2016, 04:43:01 AM »
My net worth increased by a tidy sum, mainly due to increase in  the value of my PPOR.
In terms of liquid stash, I went from 71%  of RE target to 80% of RE target.
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hikeandbike

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #527 on: December 22, 2016, 09:08:46 AM »
2015 - $421,845 (all investments, no house - I'm a renter)
2016 - $500,240 as of today I hit that magic number!!

Net increase - $78,395
max'd 401K, added about $15K to my taxable accounts through business, rest is investment returns on my index fund/bond mix at Vanguard.


Good year...time to go hike in the woods for awhile.
« Last Edit: December 22, 2016, 09:13:43 AM by hikeandbike »

FireHiker

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #528 on: December 22, 2016, 11:41:03 AM »
My first time joining in here:
2015: NW $954k total, NW not including home equity $513k
2016: NW $1.151M total, NW not including home equity $619k

There is still a TON of fat to trim in our spending, but we've increased our NW $106k this year not including our home equity. Some cash savings/bigger contributions to 401K accounts, a lot is market gains. Oh, I didn't include the HSA in those numbers, but it's only about $5k. Since we will sell and move to a lower COL location in retirement we will use our home equity to buy something outright and probably to pay for the younger two kids' college expenses. We want to travel extensively in retirement, and my husband is not as willing to live as frugally as I am, so our target NW for retirement is probably higher than the average here. We haven't settled on the "magic" retirement number yet because we're still in discussion on it. He wants $2.5M plus owning a home outright. I think that's overkill and think half that is adequate for a comfortable retirement.

Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #529 on: December 22, 2016, 12:44:36 PM »
My first time joining in here:
2015: NW $954k total, NW not including home equity $513k
2016: NW $1.151M total, NW not including home equity $619k

There is still a TON of fat to trim in our spending, but we've increased our NW $106k this year not including our home equity. Some cash savings/bigger contributions to 401K accounts, a lot is market gains. Oh, I didn't include the HSA in those numbers, but it's only about $5k. Since we will sell and move to a lower COL location in retirement we will use our home equity to buy something outright and probably to pay for the younger two kids' college expenses. We want to travel extensively in retirement, and my husband is not as willing to live as frugally as I am, so our target NW for retirement is probably higher than the average here. We haven't settled on the "magic" retirement number yet because we're still in discussion on it. He wants $2.5M plus owning a home outright. I think that's overkill and think half that is adequate for a comfortable retirement.

You know the really cool thing about these posts is that folks are measuring their financial growth and seeing progress.. Even if we get negative returns in some years we can over time see a steady march upwards in our financial wellbeing.

So many families just exist.. they either stay where they are or dig themselves a deeper financial hole, mainly because they never measure their NW or do anything to positively influence it.

We have about what your DH wants and our basic expenses are about $30k per year... Do you know what your annual living expenses are out of interest?

FireHiker

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #530 on: December 22, 2016, 01:39:50 PM »
Exflyboy, do you mean our current annual expenses or projected for retirement? Our current annual expenses are obscene and nothing like what retirement will be. I have tracked every penny in and out since mid 2014, before finding MMM, so I know what we spend now, and I'm using it to scale down to what I think retirement will look like once kids are launched and we downsize our home. Once we use our home equity to buy a (much smaller, much cheaper) home outright, I estimate our annual expenses without travel to be around the $25k mark. If we add an outrageous travel/recreation/fun budget of $2k per month, that still only ends up being about $50k a year, which is how I determined the $1.25M being adequate. I assume we will settle somewhere around the $2M mark in the end so that we have a bigger buffer for his comfort level.

And I agree with you about how great it is to see everyone here measuring their progress over the year and being aware of their financial picture. I know far too many people IRL who wouldn't even know what net worth is, or think they could do anything differently. I'm really thankful for the community here.


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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #531 on: December 22, 2016, 02:10:12 PM »
Invested b/c thats really what matters:

2015: 250k
2016: 450k

Home equity:
2015: 70k
2016: 150k
Moved to a bigger home bought below market value.
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marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #532 on: December 23, 2016, 02:57:47 PM »
My turn:

2012 - $295k
2013 - $419k
2014 - $534k

2015 - $713k
2016 - $896k - assuming flat markets next week.

Out of this, only $210k would be considered net investments (taking out house equity and super). So therein lies the "problem" I have... not enough liquid, cash flow generating investments.

Something to solve in 2017.



arebelspy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #533 on: December 23, 2016, 03:10:28 PM »
Nice work, Marty.

I also have seen huge RE gains (though I don't have to take out the value, because mine provide lots of cash flow besides appreciation, per our different investing strategies we've discussed--rather than it being a "problem" towards FIRE, it vastly speeds up FIRE and makes it more secure versus sequence of returns risk).

I wrote a WHOLE long post for this thread a week ago actually, to give people a look at what net worth growth for a real estate investor can look like, complete with animated gif, years of data, financial goals in FIRE, etc.

Then I sat with the tab open, not posting it, for days, because of a comment someone made on their journal.  I finally cut and pasted it to a notepad file and saved it and closed the tab, and am still debating posting it.

Suffice it to say, RE investing is stupid (in a good way).  :)
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GoConfidently

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #534 on: December 23, 2016, 04:45:44 PM »
My net worth tripled this year. Yes, I'm new to this and so it was low to begin with but I'm still super proud of myself!

Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #535 on: December 23, 2016, 04:52:46 PM »
My net worth tripled this year. Yes, I'm new to this and so it was low to begin with but I'm still super proud of myself!

So you should be!.. Well done..

Travelling Biologist

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #536 on: December 23, 2016, 05:36:05 PM »
Nice work, Marty.

I also have seen huge RE gains (though I don't have to take out the value, because mine provide lots of cash flow besides appreciation, per our different investing strategies we've discussed--rather than it being a "problem" towards FIRE, it vastly speeds up FIRE and makes it more secure versus sequence of returns risk).

I wrote a WHOLE long post for this thread a week ago actually, to give people a look at what net worth growth for a real estate investor can look like, complete with animated gif, years of data, financial goals in FIRE, etc.

Then I sat with the tab open, not posting it, for days, because of a comment someone made on their journal.  I finally cut and pasted it to a notepad file and saved it and closed the tab, and am still debating posting it.

Suffice it to say, RE investing is stupid (in a good way).  :)

I'd love to see it! Though it will probably make me regret selling our duplex.

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #537 on: December 23, 2016, 06:20:30 PM »
Nice work, Marty.

I also have seen huge RE gains (though I don't have to take out the value, because mine provide lots of cash flow besides appreciation, per our different investing strategies we've discussed--rather than it being a "problem" towards FIRE, it vastly speeds up FIRE and makes it more secure versus sequence of returns risk).

I wrote a WHOLE long post for this thread a week ago actually, to give people a look at what net worth growth for a real estate investor can look like, complete with animated gif, years of data, financial goals in FIRE, etc.

Then I sat with the tab open, not posting it, for days, because of a comment someone made on their journal.  I finally cut and pasted it to a notepad file and saved it and closed the tab, and am still debating posting it.

Suffice it to say, RE investing is stupid (in a good way).  :)

I'd love to see it! Though it will probably make me regret selling our duplex.

I would like to see it too. I appreciate we have have different views on what constitutes a good real estate deal, however that is due solely to unconscious (or conscious) bias with respect to our home markets.

Cash flow is certainly safer IMO, but it's very difficult to play that game and put your foot in that sandpit in Sydney.

I've worked within how our market is structured. It's just the way things have always been here. When the government is reluctant to change the rules towards a cash flow bias instead of capital because they're worried they'll be thrown out of office, then you can only go along with it.

You guys have a saying... "Don't fight the Fed"? It's unreasonable to be a contrarian when the herd has been moving in one direction for 35 years.

arebelspy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #538 on: December 23, 2016, 08:18:48 PM »
Our bigger disagreement is on the fact that you feel you have to invest in your local market, and I feel it's better to go elsewhere for a better deal if my local market doesn't meet my criteria.

Going for cash flow or appreciation both can work, but the latter is just too much hope for me.  A lot of times it works out though, as long as you aren't the greatest fool at the end of the line.

When you are getting paid cash flow all along the way (which funds more properties in accumulation, or funds your FIRE), and then appreciation that you eventually might tap, or not, well, I just can't see why not to go for that. Much safer, much better feeling to have those checks deposited in your account monthly.

And if that isn't available where you live, invest where it is.

:)
« Last Edit: December 23, 2016, 08:23:51 PM by arebelspy »
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

ender

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #539 on: December 23, 2016, 08:55:18 PM »
And if that isn't available where you live, invest where it is.

I've actually considered this, but having no rental properties locally makes it harder for me to consider investing in something I'm less experienced with and outside my current location.

Property in my current city doesn't come close to netting 1% of purchase price in rent (both rents and housing prices are going up about the same, too). But I'd be hesitant to buy real estate very far away as my first property.


arebelspy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #540 on: December 23, 2016, 08:57:08 PM »
Taking carefully calculated risks is the best path to success, IMO.

EDIT: Index funds will definitely get you there. Slow and steady definitely wins the race.

For someone very conservative, that may be the best path. Of course, for someone more conservative, CDs and a 1% WR might be the right path.

As with all the trade-offs, you're adding years of work by not adding some risk (which you can mitigate with education--I'd argue it's not riskier at all, if done right) and by adding work in the short term (it is definitely more work up front, though less than a full time job for extra years).

I mentioned in my analysis how many extra years we'd have had to work (we'd still be working) if we were saving up for a traditional 4% WR.

Your reluctance to invest elsewhere is understandable, but just means you need to spend time educating yourself on how to do so safely, IMO. :)
« Last Edit: December 23, 2016, 09:10:01 PM by arebelspy »
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

flamingo25

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #541 on: December 23, 2016, 10:44:28 PM »
2014: $291k
2015: $377k
Projected end of 2016: $448k

We were hoping to make a 100k increase but we had some significant unexpected expenses this year (mostly repairs on our old house).

We also had our first child in late 2015 and I quit my job to be a stay-at-home mom. All things considered I feel like we did pretty well.

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #542 on: December 23, 2016, 10:58:00 PM »
And if that isn't available where you live, invest where it is.

I've actually considered this, but having no rental properties locally makes it harder for me to consider investing in something I'm less experienced with and outside my current location.

Property in my current city doesn't come close to netting 1% of purchase price in rent (both rents and housing prices are going up about the same, too). But I'd be hesitant to buy real estate very far away as my first property.

I bought 350 metres away from where I live as my first investment.

My second is 350 kilometres away.

Logically by extrapolation, my third one needs to be in the Sea of Tranquility on the Moon 350,000 kilometres away :D

Seriously though, I will need to spend a fair bit more time and research on other markets before jumping in the deep end.

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #543 on: December 23, 2016, 10:59:12 PM »
2014: $291k
2015: $377k
Projected end of 2016: $448k

We were hoping to make a 100k increase but we had some significant unexpected expenses this year (mostly repairs on our old house).

We also had our first child in late 2015 and I quit my job to be a stay-at-home mom. All things considered I feel like we did pretty well.

Up $70k while on one income and a growing family is a huge effort - well done!

gb8895

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #544 on: December 23, 2016, 11:06:25 PM »
Approximately from
2015 $550k
2016 $950k

A good deal of this increase was in presumed home value... I don't really believe the Zillow numbers but this is what Mint plugs in for you.

mustachepungoeshere

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #545 on: December 23, 2016, 11:17:53 PM »
And if that isn't available where you live, invest where it is.

I've actually considered this, but having no rental properties locally makes it harder for me to consider investing in something I'm less experienced with and outside my current location.

Property in my current city doesn't come close to netting 1% of purchase price in rent (both rents and housing prices are going up about the same, too). But I'd be hesitant to buy real estate very far away as my first property.

I bought 350 metres away from where I live as my first investment.

My second is 350 kilometres away.

Logically by extrapolation, my third one needs to be in the Sea of Tranquility on the Moon 350,000 kilometres away :D

Seriously though, I will need to spend a fair bit more time and research on other markets before jumping in the deep end.

I'm not that far from you, and I can recommend an awesome tenant... :P

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #546 on: December 24, 2016, 12:23:16 AM »
And if that isn't available where you live, invest where it is.

I've actually considered this, but having no rental properties locally makes it harder for me to consider investing in something I'm less experienced with and outside my current location.

Property in my current city doesn't come close to netting 1% of purchase price in rent (both rents and housing prices are going up about the same, too). But I'd be hesitant to buy real estate very far away as my first property.

I bought 350 metres away from where I live as my first investment.

My second is 350 kilometres away.

Logically by extrapolation, my third one needs to be in the Sea of Tranquility on the Moon 350,000 kilometres away :D

Seriously though, I will need to spend a fair bit more time and research on other markets before jumping in the deep end.

I'm not that far from you, and I can recommend an awesome tenant... :P

Question is, how will I bring myself to raise the rent on you and your DH each year?

Or are you banking on that? ^_^

mustachepungoeshere

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #547 on: December 24, 2016, 02:18:15 AM »

Question is, how will I bring myself to raise the rent...

I know one of your tenants. We'll unionise! :P

arebelspy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #548 on: December 24, 2016, 02:24:03 AM »
And if that isn't available where you live, invest where it is.

I've actually considered this, but having no rental properties locally makes it harder for me to consider investing in something I'm less experienced with and outside my current location.

Property in my current city doesn't come close to netting 1% of purchase price in rent (both rents and housing prices are going up about the same, too). But I'd be hesitant to buy real estate very far away as my first property.

I bought 350 metres away from where I live as my first investment.

My second is 350 kilometres away.

Logically by extrapolation, my third one needs to be in the Sea of Tranquility on the Moon 350,000 kilometres away :D

Seriously though, I will need to spend a fair bit more time and research on other markets before jumping in the deep end.

I'm not that far from you, and I can recommend an awesome tenant...

Question is, how will I bring myself to raise the rent on you and your DH each year?

Or are you banking on that? ^_^
Add automated rent increases into the initial lease. :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

Lski'stash

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #549 on: December 24, 2016, 07:35:29 AM »
It's January 1 so I did the calculations today of course. There are still some estimates since not everything is easily available electronically so I have to wait for some paper statements (fixing this is a goal for 2015).

Net worth increased about $151K, a mind-blowing number to me. This includes home equity which is a bit less than half of our total NW.

Another goal for 2015 is to do a better job of tracking how much gain or loss is due to the markets and how much is due to contributions. Right now I estimate that the $151K increase is about $101K contributions and $50K market related.

Fun to see that I had posted in this thread almost two years ago.  I reported that in 2014 our NW had gone up $151K ($CAD, but still nice). I revised 2014 due to a better real estate valuation, so it looks like this:
2014: $174K increase in NW
2015: $213K increase
2016: estimating a $239K increase

I apologize for linking to this again, but it seems relevant for this thread. I had posted back in 2014 that I wanted to better understand where our changes in NW had actually come from, so I finally worked it out:



Not expecting those real estate gains to continue...

This is so neat! How did you make it?