Author Topic: Net worth increase 2018 (i.e. the 'present' you give yourself)  (Read 155705 times)

couponvan

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #950 on: December 03, 2018, 06:26:24 AM »
12/16 $1.31
12/17 $1.49
12/18 $1.59 college and cancer combined with selling a house, a fancypants Tesla M3, and meh stick returns. YOLO is strong in the face of your own mortality. Iím on a ďsmoke breakĒ from work through 3/1/19. Progress stalled this year for sure.
Update: 12/31/18...$1.55. Darn markets.

« Last Edit: January 03, 2019, 10:02:52 PM by couponvan »

SwordGuy

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #951 on: December 03, 2018, 03:50:56 PM »
12/16 $1.31
12/17 $1.49
12/18 $1.59 college and cancer combined with selling a house, a fancypants Tesla M3, and meh stick returns. YOLO is strong in the face of your own mortality. Iím on a ďsmoke breakĒ from work through 3/1/19. Progress stalled this year for sure.

Do you really mean that your net worth has only gone up less than 5 dollars in three years?


G-dog

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #952 on: December 03, 2018, 04:43:42 PM »
12/16 $1.31
12/17 $1.49
12/18 $1.59 college and cancer combined with selling a house, a fancypants Tesla M3, and meh stick returns. YOLO is strong in the face of your own mortality. Iím on a ďsmoke breakĒ from work through 3/1/19. Progress stalled this year for sure.

Do you really mean that your net worth has only gone up less than 5 dollars in three years?

Yes, exactly. Those Teslaís really cut into savings.

startingsmall

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #953 on: December 03, 2018, 06:07:32 PM »
December 1, 2015 - NW $178k
December 1, 2016 - NW $247k (increase - $69k)
December 1, 2017 - NW $323k (increase - $76k)
December 1, 2018 - NW $391k (increase - $68k)

Slacked off a bit this year.... but I downshifted a bit on the job front, going from FT job + freelance work to just a PT job + freelance work, and I'm SO much happier now. Hitting FIRE is no longer my number one goal in life.

Also, the market wasn't amazing like in previous years, so I guess I shouldn't expect the same increase we've had in previous years.

Overall, I'm not completely thrilled, but I'll take it!

couponvan

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #954 on: December 03, 2018, 07:26:35 PM »
12/16 $1.31
12/17 $1.49
12/18 $1.59 college and cancer combined with selling a house, a fancypants Tesla M3, and meh stick returns. YOLO is strong in the face of your own mortality. Iím on a ďsmoke breakĒ from work through 3/1/19. Progress stalled this year for sure.

Do you really mean that your net worth has only gone up less than 5 dollars in three years?

Yes, exactly. Those Teslaís really cut into savings.
Lol! I want my two dollars! Thatís what I need for FIRE.

SwordGuy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #955 on: December 03, 2018, 10:25:29 PM »
December 1, 2015 - NW $178k
December 1, 2016 - NW $247k (increase - $69k)
December 1, 2017 - NW $323k (increase - $76k)
December 1, 2018 - NW $391k (increase - $68k)

Slacked off a bit this year.... but I downshifted a bit on the job front, going from FT job + freelance work to just a PT job + freelance work, and I'm SO much happier now. Hitting FIRE is no longer my number one goal in life.

Also, the market wasn't amazing like in previous years, so I guess I shouldn't expect the same increase we've had in previous years.

Overall, I'm not completely thrilled, but I'll take it!

@startingsmall , just for perspective, in a non-amazing year your net worth has gone up more that most families in the USA make in gross income for the year.

I think that's pretty darn amazing!

englishteacheralex

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #956 on: December 03, 2018, 11:11:19 PM »
January 2012: $2,062
January 2013: $20,767 (18k)
January 2014: $23,761 (3k)
January 2015: $67,357 (44k)
January 2016: $111,452 (44k)
January 2017: $196,914 (85k)
January 2018: $277,528 (81k)
December 2018: $325,819 (48k)

Huh. Interesting stats. I never did this before but it was easy to construct via Mint. I guess 2016-2018 was the crazy Trump market run-up, huh? Because I'm pretty sure we save around $35k every year. The rest is just market gains. Also I hate to say it but I include our condo's "Zestimate" in our net worth. And 2015-2018 were good to us as far as real estate appreciation went.

Anyway, that was fun.

startingsmall

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #957 on: December 04, 2018, 06:17:34 AM »
December 1, 2015 - NW $178k
December 1, 2016 - NW $247k (increase - $69k)
December 1, 2017 - NW $323k (increase - $76k)
December 1, 2018 - NW $391k (increase - $68k)

Slacked off a bit this year.... but I downshifted a bit on the job front, going from FT job + freelance work to just a PT job + freelance work, and I'm SO much happier now. Hitting FIRE is no longer my number one goal in life.

Also, the market wasn't amazing like in previous years, so I guess I shouldn't expect the same increase we've had in previous years.

Overall, I'm not completely thrilled, but I'll take it!

@startingsmall , just for perspective, in a non-amazing year your net worth has gone up more that most families in the USA make in gross income for the year.

I think that's pretty darn amazing!

Good point!! Thanks for the attitude adjustment!!

Also, we're not in the upper-earning levels of MMM members (I don't think) so that $68k represents over half of our yearly combined income. I'll take it. I  think it's easy to get a skewed perspective on this board, with so many super-high earners!
« Last Edit: December 04, 2018, 01:43:02 PM by startingsmall »

MM_MG

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #958 on: December 04, 2018, 08:00:25 PM »
Always enjoy seeing this thread pop up, and cannot resist checking.   Again, not net worth, but the bulk of our retirement savings at Vanguard. 

$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
$1,148,530    12/04/18

I'll update after 12/31/18... I am curious to see if it is higher or lower with the latest volatility.  It is definitely down from the highest point of the year. 

givemesunshine

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #959 on: December 04, 2018, 08:33:25 PM »
31st Dec 2015 - $161K
31st Dec 2016 - $195K
31st Dec 2017 - $236K
31st Dec 2018 - $266K

Slow and steady - medical expenses have been over $20K in the last 3 years, still going unfortunately. I will likely have a small wage increase from 1st January which means I can slightly increase my savings. Hopefully the market picks up too.

Good luck to all.

kayvent

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #960 on: December 08, 2018, 05:00:34 PM »
September 2015: -30K
End of November 2016: 0.

Never been so happy to be worthless.

01/12/17: 33K. (This surprised me. From September to November of this year, I had ~4000 in unexpected expenses arise. I still managed to go from saving 2K/month from 01/09/15 -> 01/12/16 to 2.75K/month from 01/12/16 -> 01/12/17. Student loan should be finished in a few months.)

01/12/18 was 56K. This year I definitely spent more than usual to subsidize the stress from some struggles in life. My kid is also getting older. Doing more with her may have contributed to this. There's more stressful events coming in 2019 and maybe a lot of legal fees. I'm hoping those issues work out. Side goal is to reign in the spending. My income rose by many thousands but my savings rate went down.

SwordGuy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #961 on: December 08, 2018, 08:11:12 PM »
2019 goals, our first full FIRE year:

Rental #4 value: +$45,000   (from repairs and enhancements)

Market holdings: - $ 5,000 plus or minus whatever the market does.   (Budget shortfall from non-stock income sources)

Mortgage debt:   +$10,330  (payments against principal)
======================
Total               : +$50,330 plus or minus whatever the market does.

7% Market      : +$90,000 (give or take a goodly bit since I have no idea what market valuation will be at EOY)
======================
                      +$140,330




Flip #2 will be a wash, that's to assist my repair buddy get his business up and going.




Abe

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #962 on: December 08, 2018, 10:58:49 PM »
We saved $65k but are currently down $8k since Jan 1st. Only $57k increase but next yearís expenses will be much less.

BeautifulDay

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #963 on: December 08, 2018, 11:38:18 PM »

            Net Worth            Investment Assets (401k, IRAs, HSA)
Mar 2016      $28,361              $72,408.
Dec 2016      $80,499   + $52k.    $96,796. +24k.
Dec 2017     $128,724   + $48k.   $116,626. +$20k
Dec 2018     $148,046   + $19k.   $134,289. +$18k


2016 - lived for free in company housing and put all our money towards debt
2017 - bought a house, so investments took a hit.
2018 - were doing good until October. Should have been closer to $40k investments increase. Oh well. Keep on going up. I think 2019 will help us really ramp up our investments.
« Last Edit: January 01, 2019, 10:04:01 AM by BeautifulDay »

mustachepungoeshere

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #964 on: December 09, 2018, 03:04:58 AM »
December 9, 2015: $53,000
December 9, 2016: $181,000
December 9, 2017: $238,000
December 9, 2018: $301,000

soccerluvof4

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #965 on: December 09, 2018, 03:57:10 AM »
Always enjoy seeing this thread pop up, and cannot resist checking.   Again, not net worth, but the bulk of our retirement savings at Vanguard. 

$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
$1,148,530    12/04/18

I'll update after 12/31/18... I am curious to see if it is higher or lower with the latest volatility.  It is definitely down from the highest point of the year.




Those are awesome numbers especially when you look at your gains through the years of 08',09 etc..

happy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #966 on: December 09, 2018, 04:02:28 AM »
It looks like I will come in with the same net worth. I'm half way through a real estate project and have paid a lot of expenses up front, which explains why no increase. The housing market is also not going well which makes it hard to predict values accurately.

I'll update Dec 31 or so when the final figures are in, but if I have not net increase then I'll  be very satisfied, thought I would have gone down.

Eric222

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #967 on: December 09, 2018, 07:22:15 AM »
NW increase in 2018:

2017 NW Change:  +$130k

Dec 31 2017:  -$160k
Dec 31 2018 (approx):  $4k

2018 NW change:  $164k

Woot!

G-dog

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #968 on: December 09, 2018, 07:38:23 AM »
NW increase in 2018:

2017 NW Change:  +$130k

Dec 31 2017:  -$160k
Dec 31 2018 (approx):  $4k

2018 NW change:  $164k

Woot!

Thatís seriously amazing

Eric222

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #969 on: December 09, 2018, 09:24:11 AM »
NW increase in 2018:

2017 NW Change:  +$130k

Dec 31 2017:  -$160k
Dec 31 2018 (approx):  $4k

2018 NW change:  $164k

Woot!

Thatís seriously amazing

High paying job + raises + steady moderate spending works quite nicely.  It's mostly the high paying job though....I'd have to spend silly amounts of money to not save a lot.

G-dog

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #970 on: December 09, 2018, 09:57:22 AM »
NW increase in 2018:

2017 NW Change:  +$130k

Dec 31 2017:  -$160k
Dec 31 2018 (approx):  $4k

2018 NW change:  $164k

Woot!

Thatís seriously amazing

High paying job + raises + steady moderate spending works quite nicely.  It's mostly the high paying job though....I'd have to spend silly amounts of money to not save a lot.

Yet many do have high paying jobs and donít manage to save / invest much.

2Birds1Stone

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #971 on: December 09, 2018, 10:13:08 AM »
I'm very impressed regardless of income!

kendallf

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #972 on: December 16, 2018, 06:35:40 PM »
I found MMM in late 2012 and started tracking things seriously in Mint soon after.

Jan 2013: ~250k
Oct 2017: ~720k

Dec 2018: ~818k.  Down about 80k from September but I'll take it!  My wife's accounts are not included here and she had a great year with some work stock and cash bonuses.

I have felt like I was just treading water this year with some expenditures ratcheting up.  Good to look at this and realize how fortunate we really are.  I still need to stop eating out so damn much! 

EricNYC

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #973 on: December 16, 2018, 07:21:55 PM »
Going by my YNAB numbers, from the old desktop version:

Start (July 2014): $2.2K
Jan 2015: $9.8K
Jan 2016: $45.9K (killed my student loans, opened up a Vanguard investing account and went into VTSAX, increased my 401(k) contributions and also opted into my employer's employee stock purchase plan)
Jan 2017: $65.2K (first full year of, so while this was a pretty modest increase I'm still happy about it)
Jan 2018: $117.7K (had a better 401(k) with the job I had in 2017, so I went full bore into that)
Dec 2018: $138.6K (my employment situation was rocky the first half of the year, and some of this is from the stock market, but I see what I need to do better!!!)

11ducks

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #974 on: December 16, 2018, 08:17:54 PM »

My net worth

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


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

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


2018 = $82k net worth (+ $110k retirement, Total NW $192k). Increase of $67k!


Picked up a second job this year, and was able to smash my goals! Hoping to do the same next year.

Goal for 2019 = hit a quarter of a million,  by adding $60,000 to my net worth ($20k invested, $20k retirement and $20k to mortgage). It's amazing how it adds up!
« Last Edit: December 18, 2018, 09:28:22 PM by 11ducks »

tralfamadorian

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #975 on: December 17, 2018, 06:40:57 AM »
Dec 2015 $x
Dec 2016 $2.23x
Dec 2017 $2.81x

Doing my annual leave-the-numbers-up-for-a-few-day-then-get-privacy-shy-and-take-them-down

Dec 2015: $k
Dec 2016: $k
Dec 2017: $k
Dec 2018: $k

Didn't get the NW shot in the arm this year of purchasing a property <ARV and the stock market didn't help but still moving in the right direction.
« Last Edit: December 21, 2018, 11:31:25 AM by tralfamadorian »

SwordGuy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #976 on: December 17, 2018, 08:24:11 AM »
If the market stays flat for the rest of the year, it looks like we'll be about even for the year.  I'm good with that. 

We FIRED halfway thru the year.



bigchrisb

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #977 on: December 17, 2018, 08:35:54 AM »
2018: $3083k +$74k.  First full year of FIRE and moved overseas.  Generally crummy market returns.  However, I've lived a good life for the year and net worth has risen without a primary job (I have done a bit of ad-hoc consulting).  Expenses have been lower than the portfolio income (so haven't had to sell any shares yet). 
2017: $3009k +336k (married, had a kid, quit work in October)
2016: $2672k +989k (+600k from trauma insurance, a bit of a net downer)
2015: $1683k +287k
2014: $1396k
2013:  $1152k
2012: $885k
2011 $649k
2010: $615k
2009: $183k
2008: $54k
2007: $48k 
2006: $11k (Personal finance awakening)

Run rate over the last couple of years seems to have stabilized around $240k/year, about 50/50 saving and investment return.

Pretty amazing how fast it snowballs!  I'm interested to see what happens in 2018, as this will be the first year with no active income

Mississippi Mudstache

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #978 on: December 17, 2018, 11:36:46 AM »
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.

Year    Starting        Ending       Change      % Change
2018    $231,000     $255,000     $24,000       10%

My quote from December 2017 turned out to be prescient: "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." My retirement contributions for the year total $46,460 and I've accrued $15,000 of equity in my house, but my net worth has only gone up $24,000. It has been a shitty year for investments. My bonds and international stocks performed even worse than the domestic stock market, dragging the whole portfolio well into the negative.

SimpleCycle

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #979 on: December 20, 2018, 09:00:55 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.

December '18 - $651,778 ($123,244, 23%)

We did well on contributions, but our conservative estimate of home equity is down and investments were a mixed bag.

thesis

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #980 on: December 20, 2018, 09:15:05 AM »
Impressive numbers on here, cool to see :)

Discovered ERE/Mustachianism in mid 2017. Ended 2017 with $10k in an emergency fund, $7k in the 401k, and maybe about $5k in an old HSA. Watched this explode as I hit the 50% savings rate, get a completely unexpected bonus, and get my company 401k match. Currently sitting around $50k for everything.

Easiest metric is the 401k. At the end of 2017 it was at $7k. Here at the end of 2018 it's at $28k (was higher before the market dips)(and no I didn't exceed the limit for individual contributions =P). Seriously would never have believed how easy this was. The high savings rate really works. Excited to see what a few more years of this will accomplish

dude

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #981 on: December 21, 2018, 09:31:33 AM »
YOY NW increased by $114,439.

lexde

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #982 on: December 21, 2018, 09:51:50 AM »
NW increased by $28K. Finally paid off student loans, now in the build-wealth phase.

dude

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #983 on: December 21, 2018, 11:44:34 AM »
NW increased by $28K. Finally paid off student loans, now in the build-wealth phase.

Congrats on the student loan payoff (at 28?!)!  I just paid mine off this year as well -- after 20+ years of paying them!

lexde

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #984 on: December 21, 2018, 11:46:34 AM »
NW increased by $28K. Finally paid off student loans, now in the build-wealth phase.

Congrats on the student loan payoff (at 28?!)!  I just paid mine off this year as well -- after 20+ years of paying them!
Thanks! Yep, I wanted them GONE. It was about $2k/mo for 3 years, and I’m glad it’s finally over! I’m hoping that this next phase with investing goes a little faster now for net worth building. The last three years was a total slog.

Bird In Hand

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #985 on: December 21, 2018, 12:23:16 PM »
Wow, almost everyone's NW seems to be going up this year despite the market stepping back a bit.  I'm guessing this is largely a combination of: early in the accumulation phase so the market drops don't hurt as much, very high paying jobs/high savings, and including home equity in NW.

We're down around $5,000 NW* since Jan 1.  That's after contributing ~$50k to to our retirement accounts and reducing our mortgage principal by ~$30k.  So +/- $85k market losses year to date.

*Not including home equity

StarBright

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #986 on: December 21, 2018, 02:33:09 PM »
Wow, almost everyone's NW seems to be going up this year despite the market stepping back a bit.  I'm guessing this is largely a combination of: early in the accumulation phase so the market drops don't hurt as much, very high paying jobs/high savings, and including home equity in NW.

We're down around $5,000 NW* since Jan 1.  That's after contributing ~$50k to to our retirement accounts and reducing our mortgage principal by ~$30k.  So +/- $85k market losses year to date.

*Not including home equity

If you don't count home equity we are basically flat for the year (after today). We have low upper middle class incomes for a LCOL area (household income of about 115k in the midwest ). We are about three years into serious accumulation phase  (saving 50k -ish a year). My 401k is exactly where it was in January despite adding 20k to it over the year- ugh. I've got ten years until I am planning on retiring though, so I'll keep on keeping on.

tralfamadorian

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #987 on: December 21, 2018, 03:10:14 PM »
Wow, almost everyone's NW seems to be going up this year despite the market stepping back a bit.  I'm guessing this is largely a combination of: early in the accumulation phase so the market drops don't hurt as much, very high paying jobs/high savings, and including home equity in NW.

We're down around $5,000 NW* since Jan 1.  That's after contributing ~$50k to to our retirement accounts and reducing our mortgage principal by ~$30k.  So +/- $85k market losses year to date.

*Not including home equity

There is one other major wealth category that many have- investment real estate.

MM_MG

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #988 on: December 21, 2018, 07:25:25 PM »
Always enjoy seeing this thread pop up, and cannot resist checking.   Again, not net worth, but the bulk of our retirement savings at Vanguard. 

$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
$1,148,530    12/04/18

I'll update after 12/31/18... I am curious to see if it is higher or lower with the latest volatility.  It is definitely down from the highest point of the year.




Those are awesome numbers especially when you look at your gains through the years of 08',09 etc..

Thank you.  We are pretty happy (and amazed) at our progress.   We plan to just keep on grinding for a while. Thankful of this sight to get us back on track. 

MM_MG

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #989 on: December 21, 2018, 07:47:43 PM »
NW increased by $28K. Finally paid off student loans, now in the build-wealth phase.

Congrats on the student loan payoff (at 28?!)!  I just paid mine off this year as well -- after 20+ years of paying them!
Thanks! Yep, I wanted them GONE. It was about $2k/mo for 3 years, and Iím glad itís finally over! Iím hoping that this next phase with investing goes a little faster now for net worth building. The last three years was a total slog.
Congrats!  I still have some student loans but they are at 2% so I haven't paid them off (and even though I could write a check for them, I don't intend to unless I can't make more $ elsewhere).  But not having that debt has to feel good.   

sol

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #990 on: December 21, 2018, 08:09:51 PM »
Hilarious quote from a poster named sol from a year ago:

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.

That guy was clearly wrong, because lots of people are not only complaining about a drop of less than 20%, they're actually suggesting we should all sell as a result.  No!  You're doing it backwards!

This post has been a public service announcement directed at those market timers on the forum.  The current market drops are the natural consequence of the amazing recent market surges.  I'm still not blinking.

SwordGuy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #991 on: December 21, 2018, 09:17:29 PM »
Wow, almost everyone's NW seems to be going up this year despite the market stepping back a bit.  I'm guessing this is largely a combination of: early in the accumulation phase so the market drops don't hurt as much, very high paying jobs/high savings, and including home equity in NW.

There is one other major wealth category that many have- investment real estate.

Correct for us.   Our gains this year have been thru real estate investment appreciation in value (due to renovating troubled properties).   Stocks are a loss for the year, but that's ok.   They'll go up again.


mrmoonymartian

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #992 on: December 21, 2018, 11:30:21 PM »
My self-worth is up about 20% this calendar year, entirely from frugaling. Investment returns alone would be subtractive.

OneCoolCat

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #993 on: December 22, 2018, 12:21:54 AM »
I'm up about $42,000 for 2015.  Wife is up about 30k.  Pretty exciting since this was my first year of saving like a mustachian.  However, I still have a negative networth.

2015 Breakdown:
$19,600 in 401k (includes employer contributions)
$5,350 in IRA (took losses)
$3,350 in HSA
$7,000 paid to brother for interest free car loan debt
$7,000 paid toward student loan principle (I paid extra before I refinanced with sofi) :(


1/1/2016 - (11,622)
12/11/2016 - 41,938

+$53,560, this feels nuts!

Jan. 1, 2017 - $43,708
Jan. 1, 2018 - $113,000

+$69,292 in 2017.  I took a pay cut in late 2016 and went to a single-income household due to a +1 to our family so I'm stoked about the gains.

Looks like I'll be down significantly this year but its all good.  Right now I'm at $93k.  This doesn't include our house which is paid off.  Three reasons for the loses: 1) I lost a cool $40k in cryptocurrency this year (I bought $3,500 worth in 2017 and by January 2018 it was over $50,000 but it has just about fallen all the way back to what I bought it at), 2) my wife and I had our second child and I paid about $5,500 for the maternity costs alone, and 3) my index funds are down by about $14,000.  I haven't put any money into crypto since Q3 2017 but I'm considering it now.  So I lost about $60,000 in 2018 and saved about $40,000 for a net loss of $20,000 so far in 2018.

Its no fun seeing a decrease but the crypto really inflated my numbers.  Good thing the year ends in December and not January or my losses would have been much higher because in the month of January it went up a lot but has fallen since February.  It doesn't feel like I ever really had the $40k in the first place but I included it in my figure for 2017 so I got to take the hit in 2018. 

-------------------------------------

Updated 1/1/2019!

1/1/2016 - $(11,622.00)
1/1/2017 - $43,708.00
1/1/2018 - $113,000.00
1/1/2019 - $100,144.66
« Last Edit: December 31, 2018, 10:27:30 PM by OneCoolCat »

nnls

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #994 on: December 22, 2018, 01:10:33 AM »
Assuming no major changes in the market over the next few days

Net worth
Dec-2016 - $217,878
Dec-2017 - $241,310
Dec-2018 - $301,855

so a gain of about $60k which I am pretty happy with though not as impressive as a lot of people on this thread

Threshkin

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #995 on: December 22, 2018, 11:20:13 AM »
Hilarious quote from a poster named sol from a year ago:

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.

That guy was clearly wrong, because lots of people are not only complaining about a drop of less than 20%, they're actually suggesting we should all sell as a result.  No!  You're doing it backwards!

This post has been a public service announcement directed at those market timers on the forum.  The current market drops are the natural consequence of the amazing recent market surges.  I'm still not blinking.

Yeah, that Sol guy is pretty funny.  Everyone knows that you must completely ignore all previous gains and immediately freak out and sell when the market drops.

ACyclist

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #996 on: December 22, 2018, 02:53:00 PM »
95K 2015
147K 2016
287 2017
528K 2018 (found this place and added the rest of my holdings, and sold a house)

soccerluvof4

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #997 on: December 22, 2018, 04:02:58 PM »
Congrats to all those who numbers are up in a down market. Though being fire'd and have really no income stream other than my DW's small income I am happy that I am slightly ahead of almost 4 years after my withdrawals of closer to 5% after the market drop. So i cant report any increase but so far sustainability is not to shabby.

iris lily

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #998 on: December 22, 2018, 04:53:31 PM »
Congrats to all those who numbers are up in a down market. Though being fire'd and have really no income stream other than my DW's small income I am happy that I am slightly ahead of almost 4 years after my withdrawals of closer to 5% after the market drop. So i cant report any increase but so far sustainability is not to shabby.
Not exactly up, but Iíll take it:

3 days ago I checked my 457 account and found that it had $353,713. That seemed ok to me but I didnt remember how much was in it a year ago. I only check these accounts annually.

So I looked up last yearís snapshot on the same day of 2017 and that account was at $353,815.

Whoah, a difference of $100. Yeah, I will take that!But for a true accounting I should use the valuation on December last day, and that will be down, most likely.

fuzzy math

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #999 on: December 23, 2018, 09:35:42 PM »
I recorded 2016 as 94k, 2017 as 201k and now after $54,000 in retirement contributions for 2018 my accts are sitting at 217k. I can't remember if my end 2017 included home equity, but if so I knocked another 10k off the balance and now sit at 50k there.