Author Topic: Race from 250 to 500k!  (Read 701494 times)

nickelwise

  • 5 O'Clock Shadow
  • *
  • Posts: 12
Re: Race from 250 to 500k!
« Reply #2850 on: July 02, 2021, 12:52:53 PM »
I haven't regularly posted a running log like many here, but this is an exciting milestone to hit so I thought I'd share (brag) here, since I can't share it with most people in my life. I'm just too excited not to talk about it somewhere, even though it always feels a little unseemly to me. These are net worth numbers, index funds plus emergency cash. I don't have any home equity or debt.

01/01/15: $0
04/09/17: $100,000 (2y,  3mo)
02/04/19: $200,000 (1y, 10mo)
02/15/20: $300,000 (1y,  0mo)
12/03/20: $400,000     (10mo)
07/01/21: $500,000      (7mo)


I noted how long each hundred grand took to reach. The consistent acceleration of the pace is really unbelievable. It doesn't hurt that we've been living through this endless bull of asset inflation. It only took ten months to get from 300k to 400k, despite the pandemic panic hitting shortly after the 300k milestone. Surely there's no way this party will last forever. I expect I'll have to fall back below one or more of these milestones soon enough. If I had a high confidence of average real returns going forward, which is to say 6%+ ($30k+ in today's dollars), I'd quit my job today. As it stands, I'll keep working until either we get through a real recession period, or I reach truly wild levels of depression-proof wealth. In the meantime, I'm starting to feel secure enough that I might start behaving more like a confident "SWAMI" at work, instead of a fearful subservient wage slave suck-up.

Congrats to my fellow $500k graduates, Finwiz and joe189man.

malachite

  • 5 O'Clock Shadow
  • *
  • Posts: 16
  • Location: Minnesota
  • It's always something...
Re: Race from 250 to 500k!
« Reply #2851 on: July 02, 2021, 04:01:12 PM »
I haven't regularly posted a running log like many here, but this is an exciting milestone to hit so I thought I'd share (brag) here, since I can't share it with most people in my life. I'm just too excited not to talk about it somewhere, even though it always feels a little unseemly to me. These are net worth numbers, index funds plus emergency cash. I don't have any home equity or debt.

01/01/15: $0
04/09/17: $100,000 (2y,  3mo)
02/04/19: $200,000 (1y, 10mo)
02/15/20: $300,000 (1y,  0mo)
12/03/20: $400,000     (10mo)
07/01/21: $500,000      (7mo)


I noted how long each hundred grand took to reach. The consistent acceleration of the pace is really unbelievable. It doesn't hurt that we've been living through this endless bull of asset inflation. It only took ten months to get from 300k to 400k, despite the pandemic panic hitting shortly after the 300k milestone. Surely there's no way this party will last forever. I expect I'll have to fall back below one or more of these milestones soon enough. If I had a high confidence of average real returns going forward, which is to say 6%+ ($30k+ in today's dollars), I'd quit my job today. As it stands, I'll keep working until either we get through a real recession period, or I reach truly wild levels of depression-proof wealth. In the meantime, I'm starting to feel secure enough that I might start behaving more like a confident "SWAMI" at work, instead of a fearful subservient wage slave suck-up.

Congrats to my fellow $500k graduates, Finwiz and joe189man.

It is like you took the thoughts right out of my head. In the last year my net worth is up 50% and my cash investments over 100%. I know that savings is a powerful tool & I hardly spent an unnecessary dime in 2020, but that can't possibly explain how fast these numbers have grown. I'm trying to take it all with a grain of salt, half expecting that some of these gains may eventually reverse themselves or at least stagnate for a time at least. In the meantime, I'm glad I saved what I could before this market run started...

Ladychips

  • Pencil Stache
  • ****
  • Posts: 858
Re: Race from 250 to 500k!
« Reply #2852 on: July 02, 2021, 04:02:48 PM »
I haven't regularly posted a running log like many here, but this is an exciting milestone to hit so I thought I'd share (brag) here, since I can't share it with most people in my life. I'm just too excited not to talk about it somewhere, even though it always feels a little unseemly to me. These are net worth numbers, index funds plus emergency cash. I don't have any home equity or debt.

01/01/15: $0
04/09/17: $100,000 (2y,  3mo)
02/04/19: $200,000 (1y, 10mo)
02/15/20: $300,000 (1y,  0mo)
12/03/20: $400,000     (10mo)
07/01/21: $500,000      (7mo)


I noted how long each hundred grand took to reach. The consistent acceleration of the pace is really unbelievable. It doesn't hurt that we've been living through this endless bull of asset inflation. It only took ten months to get from 300k to 400k, despite the pandemic panic hitting shortly after the 300k milestone. Surely there's no way this party will last forever. I expect I'll have to fall back below one or more of these milestones soon enough. If I had a high confidence of average real returns going forward, which is to say 6%+ ($30k+ in today's dollars), I'd quit my job today. As it stands, I'll keep working until either we get through a real recession period, or I reach truly wild levels of depression-proof wealth. In the meantime, I'm starting to feel secure enough that I might start behaving more like a confident "SWAMI" at work, instead of a fearful subservient wage slave suck-up.

Congrats to my fellow $500k graduates, Finwiz and joe189man.

Congratulations!  Its not unseemly here...it's encouraging for your fellow forum-ites.

I enjoyed your timeline analysis.  I might go back and look at mine.  I started quite a bit before you and have managed to reach depression proof wealth (at least in my own mind).  It's a really remarkable feeling.  I have confidence you will achieve it!

malachite

  • 5 O'Clock Shadow
  • *
  • Posts: 16
  • Location: Minnesota
  • It's always something...
Re: Race from 250 to 500k!
« Reply #2853 on: July 02, 2021, 04:11:05 PM »
I've been busy moving out of the higher cost of living suburbs and to a place where the money goes a lot farther when buying real estate. Because of this I didn't get a change to post the last few months. Looks like the markets graduated me from this thread even before the influx of money taken out of my old home's equity. It also looks like the market has a lot of other people in this topic graduating up as well.  See you all there...

Month          InvestmentsHome EquityNet Worth
NOV 19286k193k480k
DEC 19292k195k487k
JAN 20293k196k489k
FEB 20288k197k485k
MAR 20260k198k458k   <-- Momentary downward blip thanks to COVID
APR 20285k199k483k   <-- And recovered
MAY 20306k200k505k
JUN 20311k200k511k
JUL 20326k201k527k
AUG 20334k202k536k
SEP 20336k187k523k
OCT 20385k190k576k   <-- thanks to my employer for the nice bonus. At a saving rate of ~$7k/month this bonus moved up FI by about half a year.
NOV 20420k   201k621k   <-- Stock market for the win (up 98k in 2 months???)
DEC 20421k   205k626k   <-- Only 1k increase in liquid due to a lot of end-of-year charity donations.
JAN 21449k   208k657k
FEB 21461k   210k671k
MAR 21478k   215k693k
APR 21505k   220k726k
JUN 21522k   233k755k
JUL 21647k   126k774k <-- Moved out of the expensive suburbs. Equity -> Working Investments


oneday

  • Magnum Stache
  • ******
  • Posts: 4817
  • Location: SF Bay Area, USA
  • Knit, bike, breathe. Repeat. - 94
Re: Race from 250 to 500k!
« Reply #2854 on: July 03, 2021, 04:24:34 PM »
Welcome @tacticalteam4 @windytrail

Congrats @Finwiz @monarda @joe189man @nickelwise (that is a neat metric!)


Net Worth; includes credit cards that are paid off monthly

                       2018                2019                2020                2021                2022               
January-$283K$354K$409K-
February-$291K$342K$423K-
March-$294K$304K$437K-
April$263K$304K$328K$464K-
May$268K$293K$337K$466K-
June$270K$309K$340K$474K-
July$276K$314K$352K--
August$284K$313K$372K--
September$287K$329K$367K-$500K?
October$276K$325K$361K--
November$280K$335K$394K--
December$268K$343K$410K--

Lamancha

  • 5 O'Clock Shadow
  • *
  • Posts: 58
Re: Race from 250 to 500k!
« Reply #2855 on: July 03, 2021, 04:46:17 PM »
01/2021-  258,257
02/2021-  275,647
03/2021-  280,873
04/2021-  302,154
05/2021-  324,155

06/2021-  337,961

07/2021-  355,742

zeli2033

  • Bristles
  • ***
  • Posts: 471
  • Location: West Coast
Re: Race from 250 to 500k!
« Reply #2856 on: July 03, 2021, 10:45:19 PM »

             2018                2019                2020                2021                2022               
January($28,165)$52,928$163,400$239,950-
February($21,735)$61,806$156,457$250,940-
March($16,099)$72,482$145,287$261,224-
April($11,771)$99,041$163,919$280,829-
May($6,744)$96,807$178,765$284,686-
June($1,596)$106,071$185,289$293,185-
July$4,624$112,395$201,395--
August$12,784$116,527$222,183--
September$22,476$124,973$221,234--
October$27,980$135,196$225,329--
November$36,219$143,839$221,148--
December$36,235$150,705$234,567--


KidneyBeansMD

  • 5 O'Clock Shadow
  • *
  • Posts: 27
Re: Race from 250 to 500k!
« Reply #2857 on: July 04, 2021, 08:44:27 PM »
Starting off slow this year due to some unexpected expenses and wife unemployed the past 2 months. Really going to push more the next half of the year, especially now that she started a new position that pays much better than her prior job.

1/31/21 - $257,360
2/28/21 - $253,769
3/31/21 - $270,121
4/30/21 - $279,524
5/31/21 - $277,736
6/30/21-  $279,142

Accrual

  • 5 O'Clock Shadow
  • *
  • Posts: 73
  • Age: 30
  • Location: Staying The Course
Re: Race from 250 to 500k!
« Reply #2858 on: July 05, 2021, 12:33:57 PM »
6/1/2018 - $102k
6/1/2019 - $167k
10/1/2019 - $189k
11/1/2019 - $190k
12/1/2019 - $207k
1/1/2020 - $210k
2/1/2020 - $212k
3/1/2020 - $210k
4/1/2020 - $206k
5/1/2020 - $214K
6/1/2020 - $234k
7/1/2020 - $239k
8/1/2020 - $244k
9/1/2020 - $250k
10/1/2020 - $250k
11/1/2020 - $254k
12/1/2020 - $295k
1/1/2021 - $301k
2/1/2021 - $307k
3/1/2021 - $304k
4/1/2021 - $310k
5/1/2021 - $319k
6/1/2021 - $341k
7/1/2021 = $344k

The Tester

  • 5 O'Clock Shadow
  • *
  • Posts: 14
Re: Race from 250 to 500k!
« Reply #2859 on: July 05, 2021, 02:19:01 PM »
Even if the market stays flat for the rest of the year, I'll graduate by 2022.

201920202021
January-$281,256$406,011
February -$268,507$419,342
March-$244,811$426,217
April-$275,496$454,020
May-$296,407$454,614
June-$311,160$478,081
July-$329,791
August-$348,640
September-$348,234
October-$345,595
November$266,069$382,855
December$277,275$402,434

Psyche

  • 5 O'Clock Shadow
  • *
  • Posts: 33
Re: Race from 250 to 500k!
« Reply #2860 on: July 05, 2021, 03:31:59 PM »
                  2021         
Jan $223,873
Feb $239,134
Mar $264,278
Apr $283,849
May $293,311
Jun $304,208
Jul      -
Aug      -
Sep      -
Oct      -
Nov      -
Dec      -

300K was my 2025 goal. 

Thank you, Mr. Market! 

(Congrats to all the recent graduates!)

Huskerfan

  • 5 O'Clock Shadow
  • *
  • Posts: 96
Re: Race from 250 to 500k!
« Reply #2861 on: July 05, 2021, 04:25:39 PM »
My stats:

Jul2019 — $101953
Aug2019 — $106277
Sep2019 — $111050
Oct2019 — $114791
Nov2019 — $120215
Dec2019 — $122692
Jan2020 — $120521
Feb2020 — $123625
Mar2020 — $124248
Apr2020 — $133240
May2020 — $145475
Jun2020 — $143581
Jul2020 — $151652
Aug2020 — $155546
Sep2020 — $149687
Oct2020 — $161159
Nov2020 — $182840
Dec2020 — $197090
Jan2021 — $197402
Feb2021 — $218863
Mar2021 — $229977
Apr2021 — $241104
May2021 — $249275
Jun2021 — $252084


Numbers updated thru the last day of the month.  I only post my TSP numbers.  Nothing else.  But I may revamp this to show the wife’s account as well. 
I stuck to my strategy, and laid low for the majority of June. And popped back in for some gains when I was ready to do so. .

I hit the $250K goal I set for myself to hit in December 2021 —many months ahead of schedule.  So with that; I guess a new goal will be $280k.  I’ve pulled in gains above the 20% mark thus far for the year.  So hopefully I can keep the trend going and perhaps gain another 10%.  I’m excited to see how the next 7 months treat my accounts. 

solon

  • Handlebar Stache
  • *****
  • Posts: 1964
  • Age: 1820
  • Location: CO
Re: Race from 250 to 500k!
« Reply #2862 on: July 05, 2021, 05:32:26 PM »

                       2018                2019                2020                2021                2022               
January132,155177,349282,110344,002-
February138,015188,332290,845360,553-
March138,469187,634288,022367,222-
April148,093197,461257,224387,064-
May158,814194,010276,627398,896-
June161,284186,414299,563407,230-
July160,446196,934304,249418,701500,000?
August168,222267,535318,456--
September184,158268,153324,661--
October189,536271,542317,511--
November184,146283,636323,958--
December182,675287,248341,124--


joe189man

  • Bristles
  • ***
  • Posts: 370
Re: Race from 250 to 500k!
« Reply #2863 on: July 06, 2021, 09:12:43 AM »
Welcome @tacticalteam4 @windytrail

Congrats @Finwiz @monarda @joe189man @nickelwise (that is a neat metric!)


Net Worth; includes credit cards that are paid off monthly




       
                       2018                2019                2020                2021                2022               
January-$283K$354K$409K-
February-$291K$342K$423K-
March-$294K$304K$437K-
April$263K$304K$328K$464K-
May$268K$293K$337K$466K-
June$270K$309K$340K$474K-
July$276K$314K$352K--
August$284K$313K$372K--
September$287K$329K$367K-$500K?
October$276K$325K$361K--
November$280K$335K$394K--
December$268K$343K$410K--
[/td][/tr][/table]

Thanks @oneday you will be there in no time
« Last Edit: July 07, 2021, 02:30:48 PM by joe189man »

dignam

  • Bristles
  • ***
  • Posts: 495
Re: Race from 250 to 500k!
« Reply #2864 on: July 07, 2021, 02:24:24 PM »

Feb 2020 $253k
Mar 2020 $221k
Apr 2020 $239k
May 2020 $244k
Jun 2020 $265k
Jul 2020 $269k
Aug 2020 $281k
Sep 2020 $281k
Oct 2020 $294k
Nov 2020 $290k
Dec 2020 $301k
Jan 2021 $308k
Feb 2021 $319k
Mar 2021 $332k
Apr 2021 $349k
May 2021 $355k
Jun 2021 $368k
Jul 2021 $378k


afah0447

  • 5 O'Clock Shadow
  • *
  • Posts: 16
Re: Race from 250 to 500k!
« Reply #2865 on: July 12, 2021, 04:06:02 AM »
Sep-18   $75,296.52
Oct-18   $86,288.66
Nov-18   $86,233.00
Dec-18   $86,642.12
Jan-19   $86,441.13
Feb-19   $91,507.65
Mar-19   $99,520.65
Apr-19   $110,916.19
May-19   $115,351.36
Jun-19   $116,942.12
Jul-19   $121,817.08
Aug-19   $130,530.53
Sep-19   $135,520.24
Oct-19   $138,063.29
Nov-19   $143,974.69
Dec-19   $149,978.41
Jan-20   $152,246.51
Feb-20   $155,073.89
Mar-20   $155,073.89
Apr-20   $174,853.54
May-20   $174,853.54
Jun-20   $185,608.87
Jul-20   $189,810.67
Aug-20   $198,923.35
Sep-20   $201,682.05
Oct-20   $205,135.60
Nov-20   $215,637.12
Dec-20   $229,214.43
Jan-21   $236,573.28
Feb-21   $239,809.43
Mar-21   $240,741.65
Apr-21   $246,930.39
May-21   $252,344.97
Jun-21   $261,182.29
Jul-21   $272,370.20

QuillScroll

  • 5 O'Clock Shadow
  • *
  • Posts: 58
Re: Race from 250 to 500k!
« Reply #2866 on: July 14, 2021, 10:23:27 AM »
2017 End (Found MMM)
Apr 2018 - 37941 (Started Tracking)
Nov 2019 - 101000
Dec 2020 - 212337
May 2021 - 250935

07/14/2021 - 279970

Starting entry in this group!!

grantmeaname

  • Walrus Stache
  • *******
  • Posts: 5119
  • Age: 29
  • Location: Cincinnati
  • Cast me away from yesterday's things
Re: Race from 250 to 500k!
« Reply #2867 on: July 14, 2021, 02:36:17 PM »
welcome quillscroll!

junga

  • 5 O'Clock Shadow
  • *
  • Posts: 51
Re: Race from 250 to 500k!
« Reply #2868 on: July 15, 2021, 06:58:46 PM »
                2021              2022          2023
Jan        $321,143              -               -
April            -                     -               -
July       $279,165              -                -
Oct              -                     -                -
« Last Edit: July 17, 2021, 11:38:58 PM by junga »

PlanetDee

  • 5 O'Clock Shadow
  • *
  • Posts: 23
  • Location: Belfair, WA
Re: Race from 250 to 500k!
« Reply #2869 on: July 23, 2021, 07:18:15 AM »
Investments only:
5/23/21 - $413k
6/24/21 - $422k

7/23/21 - $433k

Southern Stache

  • 5 O'Clock Shadow
  • *
  • Posts: 3
Re: Race from 250 to 500k!
« Reply #2870 on: July 23, 2021, 01:02:21 PM »
May 2021: $419,847
June 2021: $433,387
July 2021: $436,917

Nice progress, PlanetDee!

mbk

  • Stubble
  • **
  • Posts: 153
Re: Race from 250 to 500k!
« Reply #2871 on: Today at 05:34:33 AM »
My target is to graduate in 4 1/2 years by mid 2025 when liquid assets cross $500k.
DateLiquid AssetsFixed AssetsTotal Assets
11/30/20 $278,000 $92,000 $360,000
12/31/20 $293,094 $96,705 $380,799
06/30/21 $358,037 $150,000 $508,037

There is a nice boost to the liquid assets consisting of 401k's and IRAs. I have contributed around 20,000. Rest is the market gains.
The fixed assets are an approximate number. I use Zillow to estimate the value of my properties and my equity in the properties. There is a big jump in the valuation of the properties.


« Last Edit: Today at 05:38:28 AM by mbk »