Author Topic: Net worth increase 2020 (i.e. the 'present' you give yourself)  (Read 282678 times)

Chrissy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1400 on: January 01, 2021, 09:07:00 AM »
2015:  $604k
2016:  $724k
2017:  $860k
2018:  $900k
2019:  $977k
2020:  $1.180M

That's $194k of growth in savings & investments, and $9k in additional home equity this year.
« Last Edit: January 06, 2021, 07:29:50 PM by Chrissy »

Optimiser

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #1401 on: January 01, 2021, 10:11:40 AM »
12/31/2011: $18,719
12/31/2012: $23,793   Income: 20k/yr.
12/31/2013: -$57,156   Started grad school financed by loans and got married and to a wife with a lot of student loans
12/31/2014: -$71,684   Still in grad school - more loans. Found MMM.
12/31/2015: -$68,111   Graduated and started working in June.
12/31/2016: -$61,128
12/31/2017: -$30,801   2018 could be the year we get back to black
12/31/2018: -$202 So close!
12/31/2019: $37,161 Feeling a slight tailwind kick in
12/31/2020: $110,648 Sold my house, passed the CPA exam. Curious what 2021 holds.

Nate R

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1402 on: January 01, 2021, 10:32:49 AM »
End of 2013: 27K
End of 2014: 41K
End of 2015: 78K
End of 2016: 120K
End of 2017: 199K
End of 2018: 241K
End of 2019: 315K   
End of 2020: 386K -- Increase of 71K or 22%.

Changes this year: Did a TON of home improvements on our 1921 duplex. (Had a LOT of deferred maintenance when we bought it, catching up on some of that now.) Our downstairs tenants moved out, and ended up spending money unexpectedly inside that unit as well as what we already had planned. New backyard fence, central AC installed in both units, jacked up and rebuilt our garage walls and resided it, new front and back doors on the house, replaced 16 of the house windows. New laundry appliances, fridge and dishwasher for our tenants. Resided one side of the house, doing the other 3 in 2021.
Refi'd our 1st mortgage and rolled some of these expenses into that.
 Also started building our dry cabin this fall, before our building permit expires. Slab was poured in 2019, got our exterior framing and sheathing up, and roof on. Hooked up to electrical grid, and windows and doors are getting delivered this week.

2021 plans: Finishing house residing project, get the gutters replaced, and then more work on our cabin. On the cabin, hoping to get the windows, doors, skylights and wood stove/chimney installed, electrical finished and insulated.

We've been EXTREMELY lucky this year. We both still have our jobs, got some great new tenants downstairs, and enjoying the increased utility of the home improvements. (Like a dry garage, and being able to open windows in the house! No health issues on our end this year, and we were able to take a fantastic trip in January. We had some intense last few years with work, school, and home projects, so we've been able to start reaping the payoffs from that work.

So our debt actually increased this year, but still saved plenty, increased our giving, and our investments did fantastically well. To have another big NW increase in a year like this with spending like we had, AND the pandemic effects....I'm amazed.

fattest_foot

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1403 on: January 01, 2021, 10:39:03 AM »
2014: $97k
2015: $129k (+$32k, 32%)
2016: $205k (+$76k, 59%)
2017: $318k (+$113k, 54%)
2018: $366k (+$48k, 15%)
2019: $557k (+$191k, 52%)

2020: $784k (+$227k, 41%)

zygote

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1404 on: January 01, 2021, 11:26:46 AM »
My net worth is my emergency fund, the cash I keep on hand for basic expenses, and my retirement accounts. I rent, so no mortgage or home value to consider.

12/17: $44k
12/18: $70k (+$26k)
12/19: $118k (+$48k)
12/20: $192k (+$74k)

I got an unexpected large cash gift at the end of the year, so that helped a lot. Otherwise, I invested about the same amount as I did in 2020. But even without the gift, my net worth increased more this year than last. Crazy how much the market went up in the face of a pandemic, and how much I'm already starting to see that compound interest at work.


couponvan

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1405 on: January 01, 2021, 11:43:17 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 stock 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.
12/19 $1.79 still smoke breaking. Bought a new house, paid cash for college again, took lots more YOLO trips, and was surprised things actually went up with the net worth. Thank you markets. I am a bit listless with the SAHM routine. I may go back to work in March or April. Or not...
12/20 $2.43.

I did NOT go back to work in March or April, and I was grateful 2020 March that I had spent the prior year doing a bunch of YOLO items.  Spent most of 2020 hunkered down not doing much.  Got some new foobs (cancer sucks), hubs got a new hip, we bought a travel trailer, bought used SUV clown car to tow said travel trailer, and I am shocked at how much net worth increased since last year given the global situation as well as still paying cash for college with OOS tuition rates and only one income.

Our original FIRE number was $2.5 million and a paid off house.  We are starting to look seriously at the coast FI option and if it's a possibility in 2 years to downsize to a smaller house in a HCOL area with a lower income stream. We are shifting around things to provide additional liquidity our finances.   

SpareChange

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1406 on: January 01, 2021, 02:16:38 PM »
EOY    Networth (US$)   
2011    -50k           
2012    -41k           
2013    -10k           
2014     33,726       
2015     90,497       
2016     146,590     
2017     224,985
2018     282,015

2019     381,913
2020     495,309

Largest absolute increase yet. Over 75% of it was the market.

SpareChange

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1407 on: January 01, 2021, 02:19:02 PM »
Wow wow wow look at all these numbers!

So many on this page starting small and within a short decade or less turning it into hundreds of thousands or even a million or more.

All of us have completely different backgrounds and life circumstances... and yet itís result after result after result after result proving that this shit works.

Hearty congratulations to all, and may we all continue on our merry ways in 2021!

+1. It's wonderful to see. And experience.

Chaplin

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #1408 on: January 01, 2021, 02:27:38 PM »
2006: $40K increase
2007: $112K increase
2008: $38K decrease
2009: $88K increase
2010: $70K increase
2011: $57K increase
2012: $118K increase
2013: $175K increase
2014: $174K increase
2015: $213K increase
2016: $244K increase
2017: $290K increase ($125K was increase in home value, even though I said I didn't expect RE gains to continue)
2018: $52K increase (house added another $100K in value, market dipped, and we didn't have as much new cash to invest)
2019: $273K increase (a lot better than the $170K I had forecast 12 months ago)
2020: Do I dare make a prediction? Not this time.

2020: $230K increase (wild markets + luck putting in money during the March dip)
2021 prediction: happy with any increase since I'll be FIRE'ing midway through the year

FIreDrill

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1409 on: January 01, 2021, 02:47:45 PM »

End of      NW           Change

12/13:   $41,032   
12/14:   $106,801    $65,769
12/15:   $197,262    $90,461
12/16:   $276,361    $79,099
12/17:   $368,051    $91,690
12/18:   $394,472    $26,421
12/19:   $560,195    $165,723

12/20:   $840,205    $280,010

2020 was rediculous in so many ways.  Hard to believe we were close to having a 300k YOY increase....  Thanks Mr Market.  Stay safe out there everyone.


trygeek

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1410 on: January 01, 2021, 02:52:33 PM »
$96000 increase for the year not as much as last year but who can complain about almost a hundred thousand dollars. Especially after how the beginning of the year looked.

Sandi_k

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1411 on: January 01, 2021, 03:56:17 PM »
NW increase of $352k in 2020.

- $130k increase in our portfolio, year-over-year. Only $26k was contributions.
- $22k increase in home equity via paid-down principal
- $200k increase in lump-sum pension value.

Jan. 1, 2019: $2.3M
Jan. 1, 2020: $2.75M
Jan. 1, 2021: $3.1M

Note that half of that NW is in the form of the lump sum cash value of a defined benefit pension.
« Last Edit: January 04, 2021, 12:12:45 PM by Sandi_k »

justchristine

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1412 on: January 01, 2021, 04:13:07 PM »
2020 may have sucked in many ways but it was a very good year financially for me.

2011:      $85,616.93
2012:.   $139,042.72
2013:    $217,250.05
2014:.   $284,626.51
2015:    $332,514.20
2016:    $431,718.92
2017:    $586,059.24
2018:    $591,792.31
2019:    $812,897.82
2020: $1,021,771.19

Michael in ABQ

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1413 on: January 01, 2021, 04:14:15 PM »
2018 - $65k
2019 - $92k (+$27k +42%)
2020 - $146k (+$54k +59%)

This is just what's shown in Personal Capital.

On top of that we've got equity in vehicles which has been fairly steady around $10-12k.

I've also got a business that's got about $10k on the balance sheet between cash and inventory (not included above), most of that added in 2020. Also have some short-term investments outstanding of another $5-6k and about $4k in a government pension I'll be withdrawing when I leave my current job.

Blissful Biker

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1414 on: January 01, 2021, 05:06:37 PM »
TNW increase of $330K CDN ($260K USD) in 2020!  Comprised of:
  • $80K in savings
  • $160K in market growth
  • $90K jump in our home property valuation (word seems to be out that our small mountain town is idyllic)
That's by far our largest annual increase and I am grateful to be so fortunate in a year that has been difficult for many.

Fru-Gal

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1415 on: January 01, 2021, 05:14:32 PM »
We're up by over $150k this year!!! Mind-blowing. Just a few days ago passed $500k investments. Also hit $1 million NW this year. Truly grateful for MMM and this community being the catalyst. As we all know, these behaviors aren't discussed in polite company, plus stealth wealth is important especially as you go higher in NW or work in a field where people are subsisting on much less (some while racking up debt/leasing new cars/clubbing). People can be jealous bitches and you will lose some friendships if your success is obvious (or even if not but you just seem suspiciously content).

While it hasn't been easy, I first fixed my mindset. Then I accidentally landed the highest-paying gig of my life after DECADES of subsistence on low income self-employment. IMHO, MMM's emphasis on getting a better-paying job is critical. Like high savings rates, it's one of those things that people think is impossible for them to achieve. It's not. The money is out there, at least for now in a good global economy. I don't deceive myself that it's all about me -- I've been through recessions and know the experience of calling every client I have and learning they no longer have budget and have laid everyone off. I've also worked a ton of manual labor. This is a good economy. Enjoy this motherfucker!

Low expenses + no debt + high savings rate + high income + stock market = FI!

Went back to find this post from the end of 2019. We ended 2020 at $1.4 M net worth and $707,000 in investments/savings/401k/IRA!!! The even crazier thing is that in August we crossed $600k and only in the last few days of 2020 we passed $700k, so we gained/saved just over $200k this year (home value also increased NW). Really want to get to a point to exit my job, and/or redefine it in a way that brings me more joy and less stress.

aspiringnomad

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1416 on: January 01, 2021, 05:19:41 PM »
2014: 425k
2015: 628k
2016: 830k
2017: 1,167k
2018: 1,325k
2019: 1,658k
2020: 2,127k; FIRE'd and moved abroad midway through the year.

I found this site in early 2013 and started tracking my finances in 2014. What a ride it's been. Warm thanks to everyone for the advice and encouragement along the way. May 2021 bring you happiness and closer to your goals.

Civex

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1417 on: January 01, 2021, 07:07:11 PM »
2014: (160k)
2019: $485k
2020: $635k

These are just investments, I think we have a conservative $50k equity in house after realtor fees. We directly invested >70k this year and the market returned slightly more than that, netting us around $150k in portfolio growth. We also made significant progress on debt reduction--at least $40k in principle paid. All in all we are +/-10k of 200k this year, which is just mind blowing. Reach goal had been $100k in net worth increase.

I expect us to be closer to $100k in net worth growth in 2021-planning on taking some time off work and we will hopefully be able to do some traveling. Reach goal is 1M in investments in 3 years, which will largely depend on market returns.


Hey It's Me

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1418 on: January 01, 2021, 09:21:45 PM »
Dec 2014: $554
Dec 2015: $32.2K
Dec 2016: $100.7K
Dec 2017: $149.6K

Somehow I managed to make more and save less in 2017. Hoping to reverse that savings trend in 2018.
December 2018: $208K.

Did manage to increase net worth more in 2018 than 2017 - about ~58K. Goal next year is to get back in the 70-80K range. Will check back in a year.

Unfortunately, didn't hit the 70-80K goal, but I did break the quarter-mill mark last year! Currently sitting at $264K in net-assets.

2021 has been an absolute whirlwind of a year. Despite the pandemic, a cut in my income for almost half of the year, and a lack of my usual bonus, I was able to save/earn more from investments this year than I ever have in my life.

I'm ending 2020 with $424K in net assets - that's an increase of $160K in assets from the same time last year. That just feels like an absolutely unbelievable amount - I'm still in shock about how that has happened. I'm looking back at my investment contributions over the course of the last year, and I can account for ~$75K in contributions that I've made. It's possible that I've added another ~$10K or so in my cash savings. That leaves around $75K in pure investment earnings --  I'm a bit incredulous that I could make that much in investment returns, given the size of my portfolio, but my investment account summaries tend to point to a similar sum. I'm incredibly grateful for that growth and hope it will continue in the future.

To sum up, here is a summary of my financial journey to date:
Dec 2014: $554
Dec 2015: $32.2K (+31K)
Dec 2016: $100.7K (+68.5K)
Dec 2017: $149.6K (+48.9K)
Dec 2018: $208K (+58.4K)
Dec 2019: $264K (+56K)
Dec 2020: $424K (+160K)

My goal for 2021 will be to 1) cross the half-million mark in net assets and 2) match my contributions in 2020 of $85,000.

Wile E. Coyote

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #1419 on: January 01, 2021, 10:22:19 PM »
I little over 200k over the last 12 months.

Not quite as good this year at $180k. Saved more, but my investments didn't do nearly as well.

Up a ridiculous $660K this year, but a lot of that is inflated Zillow values.  Investments were up $241K.

Down about $50K this year, mostly due to the Zillow value of my home becoming more reasonable.  I left my full time job and started a new venture in February 2017, so I wasn't saving nearly as much as before.  Investments were up $192K.

I've been away for a while so I missed a few years.  Over these last few years, the Zillow value of my home (which I know isn't really accurate anyway) has come down to a more normal level.  The rest of the changes are from investemts. 2018 was flat as I drew out some of my investment gains  for the year as I was still in the early stages of a new venture (the rest of my investment gains helped to offset the decrease in Zillow "value" of my home).  2019 things started to pick up so investement gains of $140K were able to accumulate without much draw down.  2020 was really a good year with an increase of $410K as I was able to start adding to my investments again and the market reached new highs. Here's to 2021!
« Last Edit: January 01, 2021, 10:25:52 PM by Wile E. Coyote »

Gingersnaps

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1420 on: January 02, 2021, 08:31:47 AM »
Wow just done my end of year calculations and I'm in shock! 2020 was the year I started taking all of this serious and I've doubled my net worth.
Figures include student loans but if we stopped working they'd eventually get written off

Jan 2020: £91,386.49
Jan 2021: £188,852.81

Wishing everyone a successful 2021

SwordGuy

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1421 on: January 02, 2021, 09:25:43 AM »

2012
$0.50M
Found MMM in November after 30 years of toil.  Changed behavior in December.
2015
$1.05M
3 rental properties plus a 66% savings rate.
2016
$1.90M
Inheritance plus savings
2017
$2.52M
2018
$2.53M
Retired in May
2019
$2.73M
2020
$2.82M

Plus we paid off our mortgage, saved an architectural gem from destruction (its now been gloriously renovated), helped friends start a real estate investment business, helped another person to get a house at some real savings, tried (and failed) to set up a charity group home, and have upped our charity budget to over $16k a year.

rebel_quietude

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1422 on: January 02, 2021, 09:45:38 AM »
$193,902 NW increase this year. Good lord. These markets are amazing . . .

MishMash

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1423 on: January 02, 2021, 05:30:46 PM »
We ended the year at 2.250m a 250k increase from last year without saving anything outside dividends and not taking into account the roughly 10% increase in home prices since we bought end of 2019. I went back and looked at 2014 when we first started saving and investing seriously and we are up 1.4 million in 6 years....dammmmmnnnn

waltworks

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1424 on: January 02, 2021, 09:18:32 PM »
2020 was total insanity. We gained ~$200k in liquid net worth and another $400-500k or so in RE equity, depending on how much you believe Zillow. I guess maybe we'll hit $2 million NW, despite making zero efforts to do so, in a few more years, even if the markets completely stagnate from here on out. Hell, we could hit it in a year the way the RE market here is going.

Honestly I'd rather not have the RE equity if it meant I could send home all the out-of-state folks who moved to our town.

Anyone got good ideas for charities to donate stimulus funds to?

-W

Imustacheyouaquestion

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Re: Net worth increase 2019 (i.e. the 'present' you give yourself)
« Reply #1425 on: January 04, 2021, 09:38:18 AM »
Dec 2015: $65,356
Dec 2016: $106,701    (+ $41,345)
Dec 2017: $206,349.74    (+ $99,648)
Dec 2018: $255, 892.49    (+ $49,542.26)
Dec 2019: $424, 020.62    (+ $168,128.13)
Dec 2020: $584,000 (+ $160,000)

Hit my 2020 goal of $500k and then some. New goal for 2021 is $700k by end of year.

SanDiegoFIhopeful

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Re: Net worth increase 2019 (i.e. the 'present' you give yourself)
« Reply #1426 on: January 04, 2021, 10:12:45 AM »
Jan 1, 2019: $419k ($284k in investments, $135k in home equity)
Jan 1, 2020: $654k ($434k in investments, $220k in home equity)
Jan 1, 2021: $1,016k ($751k in investments, $265k in home equity)

Change of $361k or 55%. Holy moly, I didn't realize that in the last week of the year we crossed the $1mm threshold!


Jan 1, 2019: $419k ($284k in investments, $135k in home equity)
Jan 1, 2020: $654k ($434k in investments, $220k in home equity)

Change of $235k or 56%. This was by far our best year from an income and savings standpoint. This also encouraged me to move from being a lurker on here to actually participating :)

In our investments, we saved $78k, or 35% of our net income (take home pay, then adding back 401k contributions). We maxed out two 401k accounts, one HSA, and an ESPP. We also had an overly concentrated stock portfolio due to DW's company stock RSUs that vested during the year, and ESPP stock that we were holding until we could sell for long term cap gains tax. While I thought the company was undervalued at the beginning of the year, I didn't expect a ~60% increase in 2019, which was by far the biggest driver of our investment account increase. Finally, we refinanced our mortgage after some renovations (paid for by selling some of the company stock), so we saw a large jump in value that will not be repeated (I will just keep my appraisal value as the home value until a sale/refinancing event in the future).

I am beyond pumped, but trying to stay realistic. We are extremely unlikely to get even half as lucky in 2020, but are aiming to make up for some of that by increasing to a 45% savings rate.

G-dog

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1427 on: January 04, 2021, 10:20:25 AM »
2020 was total insanity. We gained ~$200k in liquid net worth and another $400-500k or so in RE equity, depending on how much you believe Zillow. I guess maybe we'll hit $2 million NW, despite making zero efforts to do so, in a few more years, even if the markets completely stagnate from here on out. Hell, we could hit it in a year the way the RE market here is going.

Honestly I'd rather not have the RE equity if it meant I could send home all the out-of-state folks who moved to our town.

Anyone got good ideas for charities to donate stimulus funds to?

-W

@waltworks - I am a big fan of public radio (NOR), you can give to your local station.  Food banks are always a good choice too.

Sugaree

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1428 on: January 04, 2021, 11:28:26 AM »
With the final numbers in, I'm up almost $71k or 78.03%


It's not as impressive as those of you in the double comma club, but I'll take it.

G-dog

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1429 on: January 04, 2021, 12:30:51 PM »
With the final numbers in, I'm up almost $71k or 78.03%


It's not as impressive as those of you in the double comma club, but I'll take it.

It is absolutely FANTASTIC.  Up 78!  We all had to start somewhere - so you will be in the double comma club faster than you think.

frogstomp81

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Re: Net worth increase 2019 (i.e. the 'present' you give yourself)
« Reply #1430 on: January 04, 2021, 05:27:19 PM »
1/1/16: $462,464.13
1/1/17: $598,065.11 (+$135,600.98)
1/1/18: $719,775.17 (+$121,710.06)
1/1/19:  $708,180.68 (-11,594.49)
1/1/20: $935,648.51 (+227,467.83)
1/1/21: $1,184,146.26 (+$248,497.75)

givemesunshine

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1431 on: January 04, 2021, 05:58:40 PM »
31st Dec 2015 - $161K
31st Dec 2016 - $195K
31st Dec 2017 - $236K
31st Dec 2018 - $266K
31st Dec 2019 - $347K
31st Dec 2020 - $377K

Happy with my progress, slow and steady.

WhiteTrashCash

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1432 on: January 05, 2021, 06:57:16 AM »
Just investment growth:

Jan. 2018: $122747.70
Jan. 2019: $166175.31
Jan. 2020: $250137.09
Jan. 2021: $355978.36

It's impressive to see things accelerate as time passes.

aceyou

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1433 on: January 05, 2021, 07:34:17 AM »
Total Net Worth
 2015    317,475
 2016    425,853
 2017    548,846
 2018    630,100
 2019    804,562
 2020   1,009,251

Net worth not counting pension value:
2015   245,192
2016   282,184
2017   384,000
2018   441,100
2019   585,211
2020   766,079

Stache Only
2015   21,840
2016   72,970
2017   185,700
2018   256,100
2019   407,211
2020   571,479


DeniseNJ

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1434 on: January 05, 2021, 12:59:05 PM »
Not a regular participant but I just checked my progress since starting MMM and WOW.
Dec. 2017 344K not including cc debt of maybe 25K and a car payment
Dec. 2018 355K (just started MMM two months ago)
Dec. 2019 485K (THANK YOU MMM and this forum!!)
Dec. 2020 662K oh my! Did I really increase my stash by 300K in two years?!?! Yes, it was the market but we've been maxing out retirement funds and even bought a little extra during the huge dip. A big diffeence from being always in debt.
« Last Edit: January 05, 2021, 01:04:00 PM by DeniseNJ »

Accrual

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1435 on: January 09, 2021, 07:07:26 AM »
2016: 40k
2017: 86k
2018: 123k
2019: 210k
2020: 301k

startingsmall

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1436 on: January 10, 2021, 07:35:37 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)
December 1, 2019 - NW $495k (increase - $104k)

Jan 1, 2021 - NW $610k (increase $115k)

The actual increase should be even higher, but I changed my accounting this year. I used to include the cost of our (newer, non-mustachian) vehicles in our overall NW, because it seemed like the most complete picture, but then I decided it was a silly waste of time to be checking KBB every few months. If I was still including them, it'd be about $50k higher. Not too shabby for a year in which I've had my daughter home from school AND we moved across several states.


« Last Edit: January 10, 2021, 07:49:50 AM by startingsmall »

UnleashHell

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1437 on: January 11, 2021, 03:09:16 PM »
net worth
2015: 438K
2016: 534K

2017: did well. was going to fire but divorced instead and gave half of it away/ DO year end was just my numbers:

2017: 333K
2018: 349K  +16K
2019: 490K  +141K
2020: 738K  +248K

so - more than doubled since divorce and I paid off the mortgages on the old house (that the ex kept) in 2020

I now have a new house (and a rental) and the other half pays for half the mortgage and the bills. A far better arrangement.
We don't mingle finances but she wasn't far behind me and the option to both fire was very close. She's actually worth a lot more now (or will be) due to the sad death of her mother. But that bit is family money and will be invested with just some of it being tapped for her (like 4% as I keep telling her!!! :D  )

anyway. 2020 was a cracking year financially.  The rest - not so much...


SwordGuy

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1438 on: January 11, 2021, 07:16:11 PM »
@UnleashHell , check your math in your post above.

UnleashHell

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1439 on: January 12, 2021, 04:34:16 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

Morning Glory

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1440 on: January 12, 2021, 05:32:48 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

SwordGuy

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1441 on: January 12, 2021, 06:39:57 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

490K  +141K != 738K  , it 631K

UnleashHell

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1442 on: January 12, 2021, 07:26:46 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

490K  +141K != 738K  , it 631K

increase for the year is after the net amount.

490k (increase of 141k from prior year end..)


UnleashHell

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1443 on: January 12, 2021, 07:29:20 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

the only bright side is that the increase is setting me up for the future when the 2020 conditions are no longer in place (and 2021 so far).
Too many people went out of my life in the last year. plus not seeing my parents for over a year. Things will improve but its still pretty bleak right now as, even with the good news, none of the things that have happened can be undone.

crimp

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1444 on: January 12, 2021, 09:33:05 AM »
@UnleashHell , check your math in your post above.
@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

the only bright side is that the increase is setting me up for the future when the 2020 conditions are no longer in place (and 2021 so far).
Too many people went out of my life in the last year. plus not seeing my parents for over a year. Things will improve but its still pretty bleak right now as, even with the good news, none of the things that have happened can be undone.

My sentiment, exactly. +112k for the year, which is amazing, but I'd take a worse market and a better year if I had the choice.

fat-johnny

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1445 on: January 12, 2021, 10:42:23 AM »
Age 47.  Ohio.

2013       $402k
2014       $470k
2015       $461k
2016       $608k
2017       $718k
2018       $725k
2019       $887k
2020       $1,096k

Finally got that 2nd comma!
FJ

JSMustachian

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1446 on: January 12, 2021, 12:51:41 PM »
2017   $248,262.40   + $159,225

2018   $340,317.07   + $92,055

2019   $529,160.43   + $188,843

2020   $760,653.25   + $231,493

We are up to $950,000 if  you throw in home equity. Hoping to get to a million at 35 years old!



Exflyboy

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1447 on: January 12, 2021, 03:08:03 PM »

                         Investments    Paid off house     Pensions              Total NW
12/31/19                $2295            $500                   $607                  $3.4M

12/31/20                $2650            $600                   $638                  $3.89M

change_seeker

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1448 on: January 12, 2021, 03:39:07 PM »
September 2019 Update:
Net worth:  $357,000 (as per Mint, includes primary residence)

January 2021 Update:
Current net worth: $558,000 (as per Mint, includes primary residence)

$201k!!!!!!  Property values are nuts around here.

Zikoris

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1449 on: January 13, 2021, 12:59:54 PM »
We went from $462,553 to $550,120, an increase of $87,567. That was on a joint 78K income, with spending of $24,429 for the year.