Author Topic: YTD Returns Eclipsed YTD Spending!  (Read 1528 times)

2Birds1Stone

  • Magnum Stache
  • ******
  • Posts: 4168
  • Age: 31
  • Location: New York
  • Peter Gibbons
YTD Returns Eclipsed YTD Spending!
« on: November 21, 2017, 03:47:40 PM »
I wanted to share this before either a) stocks crash tomorrow or b) I end up having to spend money on an emergency tomorrow.

For the first time ever, my YTD portfolio appreciation has passed my YTD spending.

Let me basque in the glory until the reverse happens and my portfolio loses more in a year than I am able to add to it!

SpareChange

  • Bristles
  • ***
  • Posts: 338
Re: YTD Returns Eclipsed YTD Spending!
« Reply #1 on: November 22, 2017, 08:42:46 AM »
I wanted to share this before either a) stocks crash tomorrow or b) I end up having to spend money on an emergency tomorrow.

For the first time ever, my YTD portfolio appreciation has passed my YTD spending.

Let me basque in the glory until the reverse happens and my portfolio loses more in a year than I am able to add to it!

Sweet!

RWD

  • Handlebar Stache
  • *****
  • Posts: 2048
  • Location: Mississippi
Re: YTD Returns Eclipsed YTD Spending!
« Reply #2 on: November 22, 2017, 08:52:42 AM »
I noticed something similar for us too. The last year's worth of gains have exceeded both our spending and income taxes combined! So our net worth has gone up by more than our gross income.

ardrum

  • Stubble
  • **
  • Posts: 143
  • Location: Ohio
Re: YTD Returns Eclipsed YTD Spending!
« Reply #3 on: January 01, 2018, 09:58:50 AM »
I wanted to share this before either a) stocks crash tomorrow or b) I end up having to spend money on an emergency tomorrow.

For the first time ever, my YTD portfolio appreciation has passed my YTD spending.

Let me basque in the glory until the reverse happens and my portfolio loses more in a year than I am able to add to it!

Haha, same thing happened to me for the first time!  Likewise, I'm already mentally practicing imagining a drop in net worth exceeding my short-term ability to infuse more.  It might sound strange, but I'm actually looking forward to it.
"Stache" Goals by Year End as Multiples of Annual Living Expenses
2018: 6.27x
2019: 8.57x
2020: 10.98x
2021: 13.52x
2022: 16.18x
2023: 18.98x
2024: 21.92x
2025: 25x

soccerluvof4

  • Magnum Stache
  • ******
  • Posts: 3322
  • Location: Artic Midwest
  • Retired at 50
    • My Journal
Re: YTD Returns Eclipsed YTD Spending!
« Reply #4 on: January 06, 2018, 02:19:58 AM »
I noticed something similar for us too. The last year's worth of gains have exceeded both our spending and income taxes combined! So our net worth has gone up by more than our gross income.


This for sure!
" In life you don't get what you deserve you get what you negotiate"

chasesfish

  • Handlebar Stache
  • *****
  • Posts: 2262
  • Age: 36
  • Location: Texas
    • Years in the making, I created a journal!
Re: YTD Returns Eclipsed YTD Spending!
« Reply #5 on: January 06, 2018, 06:42:00 AM »
Isn't that a lot of fun the first time it happens? 

Another neat milestone is the first year you realize investment gains exceed contributions.  We hit 2x investment gains to contributions for the first time in 2017.
Check out our journal, counting down the days until I Stop Ironing Shirts

We hit $1mil by 33 and will retire at 36!  Stop by over at my site Stop Ironing Shirts

2Birds1Stone

  • Magnum Stache
  • ******
  • Posts: 4168
  • Age: 31
  • Location: New York
  • Peter Gibbons
Re: YTD Returns Eclipsed YTD Spending!
« Reply #6 on: January 06, 2018, 12:45:45 PM »
Isn't that a lot of fun the first time it happens? 

Another neat milestone is the first year you realize investment gains exceed contributions.  We hit 2x investment gains to contributions for the first time in 2017.

That sounds awesome!

I can only imagine what it feels like to lose 2X+ what you put in due to a market correction though.

Mikila

  • Stubble
  • **
  • Posts: 222
Re: YTD Returns Eclipsed YTD Spending!
« Reply #7 on: January 06, 2018, 12:56:25 PM »
That is incredible.  Congratulations.

chasesfish

  • Handlebar Stache
  • *****
  • Posts: 2262
  • Age: 36
  • Location: Texas
    • Years in the making, I created a journal!
Re: YTD Returns Eclipsed YTD Spending!
« Reply #8 on: January 06, 2018, 05:56:07 PM »
Isn't that a lot of fun the first time it happens? 

Another neat milestone is the first year you realize investment gains exceed contributions.  We hit 2x investment gains to contributions for the first time in 2017.

That sounds awesome!

I can only imagine what it feels like to lose 2X+ what you put in due to a market correction though.

Well, funny you should ask.  I remember being 27 and having all of my accounts worth significantly less than I had contributed in early 2009.  That was fun.  I asked an accountant friend of mine if there was any way to realize losses in a Roth IRA, they told me nobody thought of that one when they wrote the rule
Check out our journal, counting down the days until I Stop Ironing Shirts

We hit $1mil by 33 and will retire at 36!  Stop by over at my site Stop Ironing Shirts

obstinate

  • Pencil Stache
  • ****
  • Posts: 778
Re: YTD Returns Eclipsed YTD Spending!
« Reply #9 on: January 06, 2018, 09:54:31 PM »
For us this year, return on capital was more than our net income, by a significant margin. Probably the first year that has ever happened for us.

ginjaninja

  • Stubble
  • **
  • Posts: 102
    • My Journal
Re: YTD Returns Eclipsed YTD Spending!
« Reply #10 on: January 10, 2018, 10:19:36 AM »
Awesome!
You have something to learn from everyone.

On the road to stealth wealth