Author Topic: Net worth increase 2017 (i.e. the 'present' you give yourself)  (Read 126181 times)

itchyfeet

  • Pencil Stache
  • ****
  • Posts: 504
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #750 on: December 11, 2017, 01:21:35 PM »
Have you been holding "dry powder" while you wait for the right moment?  It has passed.

Has it? Are you calling the top?

Maybe we should roll with the old cliche “the best time to invest was yesterday, the next best time is today”.

Lan Mandragoran

  • Stubble
  • **
  • Posts: 199
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #751 on: December 11, 2017, 02:20:20 PM »
April17 - December 17
30k - 57K = 27k in 8 months. Bout 115$ a day.

Peanuts to all of you counts, but still proud of it :).
“Tell them they can be great someday, like us. Tell them they belong among us, no matter how we treat them. Tell them they must earn the respect which everyone else receives by default. Tell them there is a standard for acceptance; that standard is simply perfection. Kill those who scoff at these contradictions, and tell the rest that the dead deserved annihilation for their weakness and doubt. Then they’ll break themselves trying for what they’ll never achieve.”

—Erlsset, twenty-third emperor of the Sanzed Equatorial Affiliation, in the thirteenth year of the Season of Teeth. Comment recorded at a party, shortly before the founding of the Fulcrum.

Wolfsheim

  • 5 O'Clock Shadow
  • *
  • Posts: 27
  • Age: 37
  • Location: Leipzig, Saxony
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #752 on: December 12, 2017, 02:36:03 AM »
We are in the midst of building a family home, so not much cash at hand, but the net worth has significantly increased over the last years.

Family Home: 468,000 USD
Rented Building: 113,724 USD
Rented Apartment 1: 81,900 USD
Rented Apartment 2: 75,000 USD
9 hectares of prime farmland: 204,282 USD
Nest Egg for Son: 5,967 USD
Stock: 23,400 EUR
Cash: 6,500 USD, on checking accounts in Euro and Swiss Francs.

Sum: 972,279 USD in Assets

Debt: Mortgage at 2.02%, 280,000 USD

Total: 692,279 USD
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. (Winston Churchill)

NinetyFour

  • Walrus Stache
  • *******
  • Posts: 5351
  • Location: Southwestern US
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #753 on: December 12, 2017, 05:09:42 AM »
April17 - December 17
30k - 57K = 27k in 8 months. Bout 115$ a day.

Peanuts to all of you counts, but still proud of it :).

And you should be!  Well done!

boarder42

  • Walrus Stache
  • *******
  • Posts: 6875
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #754 on: December 12, 2017, 05:47:44 AM »
looking like its going to be around 200k by year end.  we invested 100k and our investments earned another 100k

we became well over half millionaires invested and hit 3/4's of a million in total networth.  if we have an avg market year in 2018 we should be on track to hit 1MM at this time next year! 8 months ahead of plan!

dude

  • Handlebar Stache
  • *****
  • Posts: 1966
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #755 on: December 12, 2017, 08:48:25 AM »
We are in the midst of building a family home, so not much cash at hand, but the net worth has significantly increased over the last years.

Family Home: 468,000 USD
Rented Building: 113,724 USD
Rented Apartment 1: 81,900 USD
Rented Apartment 2: 75,000 USD
9 hectares of prime farmland: 204,282 USD
Nest Egg for Son: 5,967 USD
Stock: 23,400 EUR
Cash: 6,500 USD, on checking accounts in Euro and Swiss Francs.

Sum: 972,279 USD in Assets

Debt: Mortgage at 2.02%, 280,000 USD

Total: 692,279 USD

Mortgage at 2.02%??!  Wow! What's the loan term?

dude

  • Handlebar Stache
  • *****
  • Posts: 1966
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #756 on: December 12, 2017, 09:09:36 AM »
That's a pretty solid year. I know the shoe is going to drop soon and likely shave 10-20% off, but it is what it is.

I think that's part of the utility of a thread like this one.  It makes "easy come, easy go" a little easier to accept.  We probably can't complain about a horrendous 20% market crash when everyone has doubled their money in three years. 

A 10% drop would technically count as a "correction" but that would only set us all back about twelve weeks.  That's chump change.  I wouldn't even blink.

Of course the flip side of that argument is that anyone who isn't in the market is probably kicking themselves.  Did you thorstach the top and go all cash in 2013?  Then congratulations, you just played yourself.  Are you a new investor just getting started this month?  You've missed out on an absolutely historic wealth-building rally.  Have you been holding "dry powder" while you wait for the right moment?  It has passed.

Ah, 2013.  I divested myself of F Fund shares early in the year, which turned out to be the right move at the time, because the bond market tanked later that year. But it hasn't played out quite as poorly since then as I expected -- I really expected the F Fund to get beaten down over a longer term because the 20-year-long bond bull had run its course once we got to ZIRP, but it's been fairly steady, albeit anemic, for the past 5 years.  Though for zero risk, the G Fund (2.07%) has only underperformed the F Fund (2.43%) by 0.37% the past 5 years, so I'm okay with the move overall.

I stayed the course in 2008, though in mid-2013 I did take profits and ratcheted down my equity exposure from a pre-crash balance of 75/25 to my current 60/40 because retirement was just 5 years away at the time (returns on my portfolio from 2013 on have been 20.81%, 6.26%, 1.81%, 8.43%, and over the past 12 months 14.4%). And now with 17 months to go until retirement, as soon as I see a 10-12% drop, I'll bump up to 70/30.

Though I will admit I'll be more nervous than a long-tail cat in a roomful of rockers if come May 2019, there hasn't yet been a correction. I do not want to go out at the tippy top of a 10+ year bull market!

justchristine

  • Bristles
  • ***
  • Posts: 334
Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #757 on: December 12, 2017, 10:43:37 AM »
Wow, how have I missed this thread the past few years.  These are the numbers I wait all year to tally.  For perspective, I'm including numbers as far back as I started tracking.

2011 - 72k
2012 - 139k
2013 - 217k
2014 - 284k
2015 - 332k
2016 - 431k if markets hold til the end of the month
 Yowzers, almost 100k increase this year and only about a quarter of that was from my contributions.
2017-577K

Another stellar year. 

Lan Mandragoran

  • Stubble
  • **
  • Posts: 199
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #758 on: December 12, 2017, 01:00:52 PM »
April17 - December 17
30k - 57K = 27k in 8 months. Bout 115$ a day.

Peanuts to all of you counts, but still proud of it :).

And you should be!  Well done!

=] thank you.
“Tell them they can be great someday, like us. Tell them they belong among us, no matter how we treat them. Tell them they must earn the respect which everyone else receives by default. Tell them there is a standard for acceptance; that standard is simply perfection. Kill those who scoff at these contradictions, and tell the rest that the dead deserved annihilation for their weakness and doubt. Then they’ll break themselves trying for what they’ll never achieve.”

—Erlsset, twenty-third emperor of the Sanzed Equatorial Affiliation, in the thirteenth year of the Season of Teeth. Comment recorded at a party, shortly before the founding of the Fulcrum.

Mississippi Mudstache

  • Handlebar Stache
  • *****
  • Posts: 1655
  • Age: 34
  • Location: Danielsville, GA
    • A Riving Home - Ramblings of a Recusant Woodworker
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #759 on: December 12, 2017, 01:46:02 PM »
I started tracking net worth late in 2013. I'll list my beginning and ending NW for each year starting with 2014:

Year    Starting        Ending       Change   % Change
2014      $70,000     $125,000     $55,000       79%
2015    $125,000     $133,000       $8,000       6%
2016    $133,000     $171,000     $38,000       29%
2017    $171,000     $231,000     $60,000       35%

So 2017 is my best year so far in gross dollars, but it doesn't compare to 2014 as far as percent change. I had significant headwinds this year, as I pulled a bunch of money out of the market in January to buy a house (great timing, eh?) and I also started a new job and am not eligible for the 401k until I have a year under my belt (I will be eligible starting January 2018). So, 2018 should be a better year as far as retirement contributions go, but I don't expect it to match 2017 with regard to investment returns.
Never. Give up.

My Woodworking Blog

CheapskateWife

  • Handlebar Stache
  • *****
  • Posts: 1299
  • Location: On my Bike....training for the MS150
  • Can I FIRE yet?
Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #760 on: December 12, 2017, 03:00:16 PM »
Jan 1 2015 - 312K
Jan 1 2016 - 403K
Jan 1 2017 - 498K

Holy crap...it is amazing to lay out all our hard work like this and see it happening for real.

The other big thing that we accomplished this year was the DH actually retiring from the military.  I don't have that pension added into our NW number, but what it did do was bring our FIRE number down significantly.  We are FI right now, but I'm continuing to work to feed my OMY syndrome.

DH just got offered a job at my exact pay grade, so once that gets set in stone, we are planning for us to switch places while he goes back to work for 24 months to pay for his expensive car hobby while I take care of the house/kids/MIL.  The freedom, it feels good!
Funny to go back and look at what I thought this year would look like.  The job didn't happen for DH for 6 full months after this so I kept working.  MIL moved out (Whoop!).  And now we have a FIRE date of 8 June 2018.  DH has even backed off on his expectations for what his expensive car hobby should cost (this is huge progress for us, as it was a very sore subject for me).
Risking BikeVag to end MS...please consider supporting our ride!
http://main.nationalmssociety.org/site/TR/Bike/TXHBikeEvents?px=7596124&pg=personal&fr_id=29316

shanghaiMMM

  • Stubble
  • **
  • Posts: 170
Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #761 on: December 13, 2017, 03:14:27 AM »
I'm not very good at keeping accurate records due to the fact my investments are in GBP, my wife's in USD and we get paid in RMB.

Anyway, rough figures, give or take a $1k or so:

January 2016 - $155k
December 2016 - $225k

Still seems an incredible sum of money to me, given that we started out on our journey about 2 1/2 years ago!

December $334,000

What?! This FIRE stuff is bananas. We didn't even earn as much as our investments have gone up.
British guy in Shanghai.My Shanghai Journal

icbatbh

  • 5 O'Clock Shadow
  • *
  • Posts: 35
  • Location: UK
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #762 on: December 13, 2017, 04:04:36 AM »
December 2016 - £25,360.75
December 2017 - £44,770.67

Difference: +£19,409.92 (76%)

Pocket money compared to many on here, but I'm happy with my progress. My goal is to have £100k within 5 years, and at 1 year and 8 months in I'm almost half way there.

One thing that has changed is how I feel about money. The thought of having £25k two years ago was very exciting, but actually having £44k now is pretty "meh". Is this hedonic adapation in action?

ozbeach

  • Bristles
  • ***
  • Posts: 254
  • Age: 54
  • Location: Australia
Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #763 on: December 13, 2017, 01:40:35 PM »
I'm not very good at keeping accurate records due to the fact my investments are in GBP, my wife's in USD and we get paid in RMB.

Anyway, rough figures, give or take a $1k or so:

January 2016 - $155k
December 2016 - $225k

Still seems an incredible sum of money to me, given that we started out on our journey about 2 1/2 years ago!

December $334,000

What?! This FIRE stuff is bananas. We didn't even earn as much as our investments have gone up.

My investments this year have so far earnt more than I have ever received as salary in a year. Nice in a sabbatical year in which my take-home is cut by 2/3!
FIREd @ 52

Jaayse

  • Stubble
  • **
  • Posts: 162
  • Age: 31
  • Location: Somewhere on the Ocean
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #764 on: December 13, 2017, 02:04:38 PM »
I found MMM this year around January, but I lost some of my data when my computer died... so the first time I have saved is when I started my journal on here which was mid April.

15 April - 164900
31 December - 232200  (+67300) approximate increase over 7 and a half months

Best guess is around 75000 increase for the year!  (This does not include the equity in my condo.)



« Last Edit: January 01, 2018, 03:32:14 AM by Jaayse »
My Journal:  https://forum.mrmoneymustache.com/journals/the-journey-of-a-lifetime/
Earn 50,000 bonus points with Chase Sapphire Preferred ($4k spend in 3 months). I can be rewarded too if you apply here and are approved for the card. Learn more.
https://www.referyourchasecard.com/6/QCXVQ647S4
www.airbnb.com/c/justinec3400  -> Sign up for AirBnB here for 40$ on your account
Ibotta referral code:  ulyodxt

meatgrinder

  • 5 O'Clock Shadow
  • *
  • Posts: 60
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #765 on: December 13, 2017, 04:49:18 PM »
$1.5MM 2016
$2.0MM 2017

Driven mostly by the market

tralfamadorian

  • Pencil Stache
  • ****
  • Posts: 626
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #766 on: December 13, 2017, 07:59:42 PM »
Did you thorstach the top...

This is a wonderful new verb.


I'm probably going to feel icky later about this being out there and delete it but for now...
Dec 2015 $x
Dec 2016 $2.23x
Dec 2017 $2.81x
« Last Edit: December 16, 2017, 01:05:22 PM by tralfamadorian »
Best credit card bonuses right now:
AmEx Delta Platinum 70k through 5/16/18 
AmEx Delta Gold 50k through 5/16/18

infogoon

  • Pencil Stache
  • ****
  • Posts: 846
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #767 on: December 14, 2017, 08:35:42 AM »
One thing that has changed is how I feel about money. The thought of having £25k two years ago was very exciting, but actually having £44k now is pretty "meh". Is this hedonic adapation in action?

In my experience, investing money is kind of like learning a martial art. It starts with "I'm going to buy so much stuff when I have more money!" or "I'm going to kick so much ass once I know how!", but the discipline of the process changes how you feel once you get to the finish line.

icbatbh

  • 5 O'Clock Shadow
  • *
  • Posts: 35
  • Location: UK
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #768 on: December 15, 2017, 02:14:51 AM »
One thing that has changed is how I feel about money. The thought of having £25k two years ago was very exciting, but actually having £44k now is pretty "meh". Is this hedonic adapation in action?

In my experience, investing money is kind of like learning a martial art. It starts with "I'm going to buy so much stuff when I have more money!" or "I'm going to kick so much ass once I know how!", but the discipline of the process changes how you feel once you get to the finish line.
Great comparison. I'm learning a martial art as well so know what you mean haha.

marty998

  • Walrus Stache
  • *******
  • Posts: 5319
  • Location: Sydney, Oz
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #769 on: December 15, 2017, 03:06:49 AM »
Did you thorstach the top...

This is a wonderful new verb.


I'm probably going to feel icky later about this being out there and delete it but for now...
Dec 2015 [Mod edit - he felt icky later]
Dec 2016 [Mod edit - he felt icky later]
Dec 2017 [Mod edit - he felt icky later]

That is an awesome 2 year gain. Nicely done!

I am not going to comment yet.. .still a couple of weeks to go!
« Last Edit: December 16, 2017, 03:50:39 PM by FrugalToque »

max9505672

  • Stubble
  • **
  • Posts: 237
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #770 on: December 15, 2017, 06:41:36 AM »
Began the mustachain lifestyle end of February 2017 :

Networth end of Feb. 2017 : 76K$
Networth Dec. 2017 : 117.5K$
Difference : 41.5K$
54.6% Networth increase in almost 10 months
73% Investment / 27% RoI

It's crazy how this has changed my perception. Never even imagined being at 100K$ before 30 y.o. (I am not 28 yet).

aspiringnomad

  • Pencil Stache
  • ****
  • Posts: 690
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #771 on: December 15, 2017, 09:33:16 AM »
12/15/16: $833k
12/15/17: $1,176k

+$343k

91% is market contributions, vesting, and growth; 9% is real estate paydown and appreciation.


tralfamadorian

  • Pencil Stache
  • ****
  • Posts: 626
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #772 on: December 15, 2017, 12:24:29 PM »
That is an awesome 2 year gain. Nicely done!

Thank you! Real estate is a magical thing.
Best credit card bonuses right now:
AmEx Delta Platinum 70k through 5/16/18 
AmEx Delta Gold 50k through 5/16/18

big_slacker

  • Handlebar Stache
  • *****
  • Posts: 1139
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #773 on: December 15, 2017, 03:25:37 PM »
$110k increase, woohoo! Got on this train and it's full speed ahead! Note I don't own a house, these are not theoretical gains. :D

Nate R

  • Bristles
  • ***
  • Posts: 416
  • Age: 32
  • Location: Milwaukee, WI (Bay View)
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #774 on: December 15, 2017, 03:32:18 PM »
$110k increase, woohoo! Got on this train and it's full speed ahead! Note I don't own a house, these are not theoretical gains. :D

Aren't stock gains theoretical too until you sell? :-P

big_slacker

  • Handlebar Stache
  • *****
  • Posts: 1139
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #775 on: December 15, 2017, 05:29:33 PM »
$110k increase, woohoo! Got on this train and it's full speed ahead! Note I don't own a house, these are not theoretical gains. :D

Aren't stock gains theoretical too until you sell? :-P

Haha! True enough.

My thinking on houses is I plan on living there long term if not forever, so at least in my head it's not available. Although it really is if I wanted to do a cash out re-fi or something to buy another investment property, etc. Anyway, not a problem I current have although I have in the past. :D

startingsmall

  • Pencil Stache
  • ****
  • Posts: 548
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #776 on: December 16, 2017, 06:30:33 PM »
July 2015 - $132,045
December 31, 2015 - $169,554
December 30, 2016 - $248,939
December 16, 2017 - $329,686

Increase of $80,747. Not too shabby, especially since I feel like we really slacked off this year. 



Chippewa

  • Pencil Stache
  • ****
  • Posts: 548
  • Location: Grilled cheese, animal style
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #777 on: December 16, 2017, 06:49:03 PM »
Jan 2016: 33,972
Jan 2017: 71,837

Increase $37,865

MM_MG

  • Stubble
  • **
  • Posts: 147
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #778 on: December 17, 2017, 08:32:38 PM »
I always get excited when I see this thread pop up.   Had to go look even though it is not quite the 31st yet.   Not net worth, but a snapshot of our Vanguard accounts and a good reflection of our progress. We really can't believe how far we've come. 

$51,225.09    12/31/05
$80,038.12    12/31/06
$106,744.13  12/31/07
$103,123.87  12/31/08
$162,172.69  12/31/09
$218,666.31  12/31/10
$249,987.31  12/31/11
$320,336.60  12/31/12
$435,649.50  12/31/13
$518,275.26  12/31/14
$593,962.10  12/31/15
$746,482.89  12/31/16
$979,476.57  12/31/17

« Last Edit: December 31, 2017, 04:42:46 PM by MM_MG »

Apple_Tango

  • Bristles
  • ***
  • Posts: 252
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #779 on: December 17, 2017, 10:32:17 PM »
I like this kind of progress tracking! This isn’t net worth for me (my journal has that shit show), but it’s my liquid net worth in my vanguard accounts, mostly in IRAs at the moment.

age 20 Dec 2011: 12,150
age 21       2012: 18,811 (55%)
age 22       2013: 34,601 (84%)
age 23       2014: 40,181 (16%)
age 24       2015: 42,346 (5%)
age 25       2016: 49,349 (16%)
age 26       2017: 73,526 (46%)

to date I have actually contributed $39,961 and the rest is market gains

Goal for Dec 2018: $103,968. Stretch goal: $115,000.
« Last Edit: December 18, 2017, 02:28:21 PM by Apple_Tango »
It's a lateral freeze down during the melt up.  Soon to be followed by the transverse falling bounce and the transient index inversion short, both of which are also strong sell signals in this buyer's market.

Tass

  • Bristles
  • ***
  • Posts: 432
  • Age: 24
  • Location: Southern California
  • Working on a PhD...
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #780 on: December 17, 2017, 10:55:40 PM »
I had $2k net worth in Jan 2017, discovered MMM in June, and currently have 11.3k. I'm now debt-free and my $9300 increase is over 30% of my after-tax income this year.

If this thread is also about appreciating how impressive the whole FI philosophy is, I'm astonished that at my current grad student income in a HCOLA, my spreadsheet says I could retire after a 28-year working career, aka 15 years before age 65. And I don't intend to be either a grad student or in SoCal that long.

sol

  • Walrus Stache
  • *******
  • Posts: 6451
  • Age: 41
  • Location: Pacific Northwest
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #781 on: December 18, 2017, 12:05:32 AM »
I'm astonished that at my current grad student income in a HCOLA, my spreadsheet says I could retire after a 28-year working career, aka 15 years before age 65. And I don't intend to be either a grad student or in SoCal that long.

You may find that your expenses increase after you are no longer a graduate student.  That's what slows most people down.

soccerluvof4

  • Magnum Stache
  • ******
  • Posts: 3295
  • Location: Artic Midwest
  • Retired at 50
    • My Journal
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #782 on: December 18, 2017, 03:08:26 AM »
I always get excited when I see this thread pop up.   Had to go look even though it is not quite the 31st yet.   Not net worth, but a snapshot of our Vanguard accounts and a good reflection of our progress. We really can't believe how far we've come. 

$51,225.09    12/31/05
$80,038.12    12/31/06
$106,744.13  12/31/07
$103,123.87  12/31/08
$162,172.69  12/31/09
$218,666.31  12/31/10
$249,987.31  12/31/11
$320,336.60  12/31/12
$435,649.50  12/31/13
$518,275.26  12/31/14
$593,962.10  12/31/15
$746,482.89  12/31/16
$975,936.51  12/17/17*

*Need to update on the 31st, but I'll take a ~$229K gain any year!


Nice growth there and you did pretty well through 08-10. Way to hang with it.
" In life you don't get what you deserve you get what you negotiate"

SnackDog

  • Handlebar Stache
  • *****
  • Posts: 1069
  • Location: Latin America
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #783 on: December 18, 2017, 03:42:03 AM »
The stock market fat lady has yet to sing on 2017 and I am not really qualified to estimate the real estate portion of our net worth, but appear on track for a seven figure increase for the year.  I estimate more than a third of that is due to continued work (savings, pension accruals, stock grants) so the OMY syndrome is reinforced.
The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind. –Thomas T. Munger

JohnGalt

  • Bristles
  • ***
  • Posts: 470
  • Age: 33
  • Location: London, UK
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #784 on: December 18, 2017, 04:28:59 AM »
On my own:
End 2016:  ~67% of my full FI target number
End 2017:  ~93% of my full FI target number (38.8% growth)

As a couple (recently married) we are currently >100% of our full FI number!

I don't fully count us as FI yet though.  Currently, ~20% (up from ~8% at end of 2016) of my NW is in my employer's company stock so there is significant risk.  The tax consequences of selling now vs waiting until I'm not working (planned to quit at end of 2018 when my options finish vesting) are big enough that I'm willing to take another year's risk before selling to diversify.  I believe this will be an even larger difference if the currently proposed tax act is passed.

RWD

  • Handlebar Stache
  • *****
  • Posts: 1876
  • Location: Mississippi
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #785 on: December 18, 2017, 07:41:28 AM »
The stock market fat lady has yet to sing on 2017 and I am not really qualified to estimate the real estate portion of our net worth, but appear on track for a seven figure increase for the year.  I estimate more than a third of that is due to continued work (savings, pension accruals, stock grants) so the OMY syndrome is reinforced.

Seven figure increase!! Wow!

horsepoor

  • Magnum Stache
  • ******
  • Posts: 2829
  • Location: At the barn
  • I earn it, my horses eat it
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #786 on: December 18, 2017, 08:21:45 AM »
I'm actually glad I went and looked!  I've been rather down with all the $$$ I've been flushing down the drain vet bills and horse equipment and training this year, but somehow Mint says NW has increased $91K this year (not including DH's assets or mortgage pay-down, but including all home appreciation).  $39K increase in TSP, most of the remainder is real estate gains.  Not fantastic, but at least headed in the right direction.  Markets will not be so kind most years though, so I need to focus on getting more of my paycheck directed to TSP again.


Threshkin

  • Pencil Stache
  • ****
  • Posts: 791
  • Location: Colorado
    • My Journal
Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #787 on: December 18, 2017, 03:27:16 PM »
5.74 percent gain in NW YTD.  Not great but since it is roughly 3 years of expenses I am not complaining.

19% Y on Y gain for 2016.  I FIRED on Nov 01 with a package so that accounts for part of the gain but it is still happy dance time!

9% Y on Y TNW gain for 2017 (YTD).  Investment accounts were up 17%.  Cash reserves and real estate lowered the total gain for the year.

wannabe-stache

  • 5 O'Clock Shadow
  • *
  • Posts: 56
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #788 on: December 19, 2017, 12:27:12 PM »
Found MMM in March/April.  Cut costs, started budgeting, plowed every penny into equities.

Didn't start tracking until July in personal capital but since July we've gone from $1.0M to $1.96M as of today.

max9505672

  • Stubble
  • **
  • Posts: 237
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #789 on: December 19, 2017, 12:42:43 PM »
Found MMM in March/April.  Cut costs, started budgeting, plowed every penny into equities.

Didn't start tracking until July in personal capital but since July we've gone from $1.0M to $1.96M as of today.
How much a year do you make? Did you invest in Bitcoins?

wannabe-stache

  • 5 O'Clock Shadow
  • *
  • Posts: 56
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #790 on: December 19, 2017, 12:55:54 PM »
Found MMM in March/April.  Cut costs, started budgeting, plowed every penny into equities.

Didn't start tracking until July in personal capital but since July we've gone from $1.0M to $1.96M as of today.
How much a year do you make? Did you invest in Bitcoins?

fluctuates greatly but thanks to some stock option-vesting and a few other items, this year we will make close to 7 figures.  this is nearly double what we made last year.  we will pay more in taxes this year than a middle income family earns pre-tax, maybe by a factor of 1.5-2x.  That fact is not lost on me, we are very fortunate.  But i still make my lunch like i have for the last 10 years, don't upgrade my wardrobe much, take the train to work when i can. etc, etc.

luckily i found MMM / bogleheads and we put almost all of it into our investments or paying off almost all of our mortgage.

haven't touched bitcoin, and won't.  mostly low cost index funds, some $ in FB, Apple, Disney, etc.

CheapskateWife

  • Handlebar Stache
  • *****
  • Posts: 1299
  • Location: On my Bike....training for the MS150
  • Can I FIRE yet?
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #791 on: December 19, 2017, 12:57:56 PM »
Jan 2016: 33,972
Jan 2017: 71,837

Increase $37,865
Holy smokes!  More than doubled in a year?  That is impressive indeed!
Risking BikeVag to end MS...please consider supporting our ride!
http://main.nationalmssociety.org/site/TR/Bike/TXHBikeEvents?px=7596124&pg=personal&fr_id=29316

EngineeringFI

  • 5 O'Clock Shadow
  • *
  • Posts: 93
  • Age: 32
  • Location: Tucson, Arizona
    • Journal
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #792 on: December 19, 2017, 07:54:50 PM »
Not including my house:

December 2016: $175,689
December 2017 (est): $303,564

Not bad, but I also had to cash-flow a significant amount of exterior work to the house (~35K for a lot of landscaping work). Next year I really want to kick the contributions into high gear.

midwesterner1982

  • 5 O'Clock Shadow
  • *
  • Posts: 28
    • Follow the link to open a Personal Capital acct and we both get $20 Amazon Gift Card!
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #793 on: December 20, 2017, 02:27:41 AM »
Dec. '13:  $96,000
Dec. '14:  $110,000
Dec. '15:  $160,000
Dec. '16:  $262,000
Dec. '17:  $376,000

Congrats to many on here absolutely killing it.  Many of you are starting at a younger age than myself.  I wasted a lot of time and money before I finally began to become an adult at about 31 years old.
Currently 35 yrs old.  I started to track net worth in 2014.  Found MMM in 2016 and got more serious.  Still making plenty of mistakes but starting to really see the 'stache can work harder than I can.
So far I have (1) Rental myself + (4) 50/50 Rentals with a partner and $260k+in stocks (retirement + taxable).  Debt free except mortgages on rentals.  My apartment is rented.
I got married this year and many changes ahead in 2018 but very excited for the future.  2018 big goal is $500k.
Follow the link to open a Personal Capital acct and we both get $20 Amazon Gift Card!
https://www.talkable.com/x/eJLjjb

actionjackson

  • 5 O'Clock Shadow
  • *
  • Posts: 83
Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #794 on: December 20, 2017, 04:48:23 AM »
Numbers in AUD

End 2015: $222k
End 2016: $299k

Trying to improve the savings rate in 2017 to get to $400k.

End 2017: $385k

Moved country, and set up a new house, which was spenny, and wife was out of work for a few months after the move. Next year should see us get to $500, provided market is flat or up.

max9505672

  • Stubble
  • **
  • Posts: 237
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #795 on: December 20, 2017, 07:30:50 AM »
Dec. '13:  $96,000
Dec. '14:  $110,000
Dec. '15:  $160,000
Dec. '16:  $262,000
Dec. '17:  $376,000

Congrats to many on here absolutely killing it.  Many of you are starting at a younger age than myself.  I wasted a lot of time and money before I finally began to become an adult at about 31 years old.
Currently 35 yrs old.  I started to track net worth in 2014.  Found MMM in 2016 and got more serious.  Still making plenty of mistakes but starting to really see the 'stache can work harder than I can.
So far I have (1) Rental myself + (4) 50/50 Rentals with a partner and $260k+in stocks (retirement + taxable).  Debt free except mortgages on rentals.  My apartment is rented.
I got married this year and many changes ahead in 2018 but very excited for the future.  2018 big goal is $500k.
Congrats!

SimpleCycle

  • Pencil Stache
  • ****
  • Posts: 607
  • Location: Chicago
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #796 on: December 20, 2017, 11:14:30 AM »
December '12 - $161,110
December '13 - $225,147 ($64,037, 40%)
December '14 - $261,912 ($36,765, 16%)
December '15 - $272,926 ($11,014, 4%, ouch)
December '16 - $371,957 ($99,031, 36%)
December '17 - $528,534 ($156,577, 42%)

December '12 doesn't have home equity and we sold the house and rented in '13, so that's where that jump came from.  For '16 and '17 I've included very conservative estimates of home equity.

jmechanical

  • 5 O'Clock Shadow
  • *
  • Posts: 12
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #797 on: December 22, 2017, 08:59:39 AM »
December 2014 - $62000
December 2015 - $91000
December 2016 - $134000
December 2017 - $192000

I am 29 years old. Not quite as badass as MMM himself, but I am making progress.

marty998

  • Walrus Stache
  • *******
  • Posts: 5319
  • Location: Sydney, Oz
Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #798 on: December 22, 2017, 02:15:01 PM »
My turn:

2012 - $295k
2013 - $419k
2014 - $534k
2015 - $713k
2016 - $897k
2017 - $1,082k

Good thing is that a lot of the gains are now in liquid investment accounts that I can use for FIRE. Another couple of years at $180k growth and I'll be pretty much done 🙂

« Last Edit: December 23, 2017, 04:37:56 AM by marty998 »

11ducks

  • Pencil Stache
  • ****
  • Posts: 503
  • Location: Duckville, Australia
Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #799 on: December 22, 2017, 10:02:47 PM »
Wow marty, that's impressive!!!! Well done!



My net worth (excluding retirement funds - around $53k)

2013  -$33,600 owed (student loans)
2014  -$21,000 owed
2015 -$2,242 owed  - so close to free!!!!

.....looking back now, I'm so very glad I found MMM!!!!!

2016 = + $5000 net worth. Finally made it into the positives!

2017 = + $35000 net worth!   (+retirement account of $90k = total NW of $125,000)

Goal for 2018  = $63k net worth  (+ $101k in retirement, Total NW $164k).

I'll do this by paying approx. $18k off the house (plus a whole lot of interest), adding $12k into retirement, and adding $10k into investment accounts. Come at me 2018!
 



Cheaper beans...CHEAPER BEANS! - dagiffy1