Author Topic: Race from 250 to 500k!  (Read 266040 times)

hudsoncat

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Re: Race from 250 to 500k!
« Reply #1500 on: February 01, 2019, 02:04:49 PM »
6/30/18:   $253,884
7/31/18:   $264,666
8/31/18:   $276,905
9/29/18:   $285,986
10/31/18: $267,359
11/30/18: $281,461
12/31/18: $261,809
1/31/18:   $286,584

January was the longest month ever... maybe that helps explain the big big bump, more time to save!

Jaayse

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Re: Race from 250 to 500k!
« Reply #1501 on: February 01, 2019, 02:51:13 PM »
2017
April 15 -           164,900
May 1 -             ? (Lost info)
June 1 -            ? (Lost info)
July 1 -             180,808
August 10 -       189,280
September 1 -   193,727
October 1 -        209,968
November 1 -     220,602
December 1 -     225,918

2018
January 1-         232,213
February 1 -       245,447
March 1 -           242,789
April 1 -             246,140
May 1 -              318,398 (sold house)
June 1 -             328,870
July 1 -              342,159
August 1 -          354,936
September 1 -    366,727
October 1 -        374,465
November 1 -     361,296
December 3 -     370,140

2019
January 1 -        356,542
February 1 -       383,348

A good month that I don't think will be repeated again soon and I'm still waiting on almost 4k money owed to me from my recent move.  Most of the gains were from the market because my BAH for my new location is much lower and I do not get COLA here, so my salary is effectively lowered by around 30k.

BiggerFishToFI

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Re: Race from 250 to 500k!
« Reply #1502 on: February 02, 2019, 06:37:50 AM »
Month   Networth   Investments   Debt   
04/30/17   $125,786   $67,858   -$106,720   <---- Discovered MMM / LBYM
09/30/17   $168,105   $100,416   -$84,980   <---- 100k Invested
01/31/19   $311,711   $251,061   -$7,148   <---- 250k Invested


Made some substantial lifestyle changes and have had a great almost two years financially. To have 1/4 million in investments would have seemed insane just a few years back.

Setting a goal date of 7/1/2020 for 500k invested and am telling myself I can then get a new (to me) vehicle to replace my beater truck. But we shall see, a part of me dreams of being a millionaire with a beater truck :-)

achvfi

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Re: Race from 250 to 500k!
« Reply #1503 on: February 02, 2019, 08:19:57 PM »
Jun-16   $127,393.29
Sep-16   $152,642.65
Dec-16   $176,836.15
Mar-17   $204,673.44
Jun-17   $213,133.82
Sep-17   $208,244.34
Dec-17   $231,468.96
Mar-18   $252,633.43
Mar-18   $249550-INV  $381297 - NW ---> fell below 250K, what a rollercoaster this year has been!
Apr-18   $252,693 - INV $385,040 - NW
May-18  $263,950 - INV $396,500 - NW
June-18 $268,500 - INV $401,900 - NW ---> hope markets stay low for a while.
July-18  $279,100 - INV $414,336 - NW
Aug-18 $291293 - INV $ 376293 - NW ---> Writing off 51k, we are spending on our family home for mom and dad, Property is mine, but highly illiquid for foreseeable future. Maybe next 40 years.
Sep-18 $292395 - INV $377395 - NW---> Lots of unexpected expenses this month. My job is also not on firm ground. Bad new manager situation. Starting new job search.Anyone have job for me :)
Oct-18  $271500 - INV $357200 - NW ---> Yay volatility
Nov-18 $279200 - INV $365200 - NW ---> Big spending month, over $10000 unexpected spending on Medical expenses, travel reservations, hotels, electronics, shopping deals and gifts. Also got new job, lateral move.
Dec-18 $257500 - INV $344000 - NW ---> Hope this market remains low or flat for next couple of months so I can plough more money in. Happy new year you all! It is interesting that the assets like primary home provide so much stability in rough times. If we have a paid off home or enough cash to pay it off safely invested it provides much safety in difficult times.
Jan-18 $290132 - INV $373300 - NV ---> Big bounce back. But I wish it came after Feb. Its likely there will be more opportunities due to various uncertainties in current short term.

gmdv

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Re: Race from 250 to 500k!
« Reply #1504 on: February 03, 2019, 11:16:59 AM »
August 2017 - $295k
September 2017 - $310k
October 2017 - $314k
November 2017 - $319k
December 2017 - $328k
January 2018 - $336k
February 2018 - $331k
March 2018 - $341k
April 2018 - $345k
May 2018 - $353k
June 2018 - $376k
July 2018 - $379k
August 2018 - $379k
September 2018 - $377k
October 2018 - $369k
November 2018 - $382k
1/5/2019 - $374k

2/3/19 - $378k

Got out a bit too early there and missed all the gain.  Will be sitting out for most of this year, possibly some of next year too, so there won't be any significant changes for a while.


Apples

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Re: Race from 250 to 500k!
« Reply #1505 on: February 03, 2019, 02:42:06 PM »
May 1 2018:  $250,453.08
June 1 2018:  $256,005.82
July 1 2018:  $259,624.40
August 1 2018:  $268,077.64 
September 1 2018:  $275,103.83
October 1 2018:  $279,499.81
November 1 2018:   $273,503.01
December 1 2018:  $278,858.64
Jan 1 2019:  $272,446.08   

Feb 1 2019:  $289,664.17
December bonuses, the market coming back up again, and the adjustment I do at the end of each year - I round our expenses up to the nearest dollar, then at the end of the year throw the extra sitting in checking into our savings, which is always a good few hundred dollars.  Fun to always see a jump at the beginning of the year.

ItsALongStory

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Re: Race from 250 to 500k!
« Reply #1506 on: February 03, 2019, 03:26:24 PM »
Got out a bit too early there and missed all the gain.

Honest question. Missing out on the gains didn't sting enough to stop trying to time the market?

MrUpwardlyMobile

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Re: Race from 250 to 500k!
« Reply #1507 on: February 03, 2019, 07:30:58 PM »
1/12/18 - $75,103.12
1/16/18 - $83,567.53
2/1/18 - $94,138.48
2/15/18 - $91,543.60
3/4/18 - $106,647.81
3/15/18-$113,810.14
4/1/18-$118,457.70
4/13/18-$122,591.10
5/1/18 - $124,603.56
5/15/18 - $129,202.24
5/31/18 - $150,940.36
6/16/18 - $154,273.90
6/30/18- $155,247,41
7/16/18 - $182,310.10
8/1/18 - $186,730.18
8/15/18 - $188,050.23
9/1/18 - $192,672,95
9/17/18 - $196,425.73
10/1/18 - $197,629.50
11/1/18 - $200,082.02
12/28/18 - $270,941.02
1/15/19 - $283,556.88

2/1/19 - $290,261.26

gmdv

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Re: Race from 250 to 500k!
« Reply #1508 on: February 04, 2019, 07:50:41 AM »


Got out a bit too early there and missed all the gain.

Honest question. Missing out on the gains didn't sting enough to stop trying to time the market?

I'm taking a medium term bear position, so I don't care about short term gain.  Now, if market continues to rise past my time frame for re-entry, then yes that would sting. Plus, the blatant manipulation of the market that I saw this last month was too worrying,  enough for me to be glad that I was out of it,  gain or no gain.

tarheeldan

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Re: Race from 250 to 500k!
« Reply #1509 on: February 04, 2019, 07:56:22 AM »
Welcome to all the new people!

We have a spreadsheet :)
EDIT: Had wrong link before, sorry!!!
https://docs.google.com/spreadsheets/d/1AU7U1LTOW0D-_TiWUZJ7OSolSB_ULYQC2ZWSNW5hig0/edit#gid=0

______________________________________________________________________________________________

Up 9.4% or $22,761.95 last month to $265.279.90 - back to Oct 1 levels, finally!
« Last Edit: February 04, 2019, 01:32:35 PM by tarheeldan »

pharmmm

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Re: Race from 250 to 500k!
« Reply #1510 on: February 04, 2019, 09:50:22 AM »
Dates   Net
Jan-18   $146,942.28
Feb-18   $150,841.13
Mar-18   $156,742.55
Apr-18   $172,756.36
May-18   $201,801.96
Jun-18   $214,786.28
Jul-18   $231,769.16 - finished paying off wife's student loans
Aug-18      $249,123.47 - graduated 100k-250k thread
Sep-18      $258,395.09
Oct-18      $248,179.75
Nov-18     $257,003.34
Dec-18     $242,073.48

Jan-19    $275,648.14

afuera

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Re: Race from 250 to 500k!
« Reply #1511 on: February 04, 2019, 12:39:54 PM »
12/1/2017: INV-$256,324.07    NW-$266,011.53
12/1/2018: INV-$356,143.09    NW-$379,134.48

1/1/2019: INV-$332,761.13     NW-$357,901.80
2/1/2019: INV-$366,568.23     NW-$391,377.35

Normal 401K/HSA deductions, a couple thousand to my rIRA, and a nice bit of market recovery.

Nick_Miller

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Re: Race from 250 to 500k!
« Reply #1512 on: February 04, 2019, 12:46:11 PM »
Damn, people. You're crushing it.

Celebrate your progress this month! I'm going to celebrate with a drink only a coal miner would want. Something straight forward and honest. Something that says, I work in a hole.'

Saskatchewstachian

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Re: Race from 250 to 500k!
« Reply #1513 on: February 08, 2019, 12:05:36 PM »
Alright, I think I've spent enough time creeping in the background that I have to officially join!

Date          NW
Dec-16    $243k
Jan-17    $252k
Feb-17    $270k
Mar-17    $273k
Apr-17    $295k
May-17    $300k
Jun-17    $308k
Jul-17    $316k
Aug-17    $322k

Current projections put us at 500k ~Mar 2019 which will mean it will be a total of 28 months to get from 250k-500k.


Time for an update - 7.5 months is an acceptable update interval right?

Sept-17     $340k
Oct-17      $357k
Nov-17     $366k
Dec-17     $388k
Jan-18      $398k
Feb-18     $401k
Mar-18     $403k
Apr-18     $422k

So although it's a weird interval it's almost exactly 100k since the last update.

Previous estimate for 500k was March 2019 but it looks like that has now pulled back slightly to Nov/Dec 2018, yay! I wouldn't bank on it yet though as income has dropped in the last 3 months with a loss of guaranteed overtime.

And congrats Rife on being o-so-close!

Anddddd we're there! After the same hit everyone else took on stocks in September we have bounced back and cleared the $500,000 in January. From the last update the numbers look like:

May-18    $433k
Jun-18     $445k
Jul-18      $453k
Aug-18    $459k
Sept-18   $476k
Oct-18     $468k
Nov-18    $481k
Dec-18    $479k
Jan-19     $501k

I wanted to wait until Feb to post to ensure we were firmly into the 500's and it wouldn't fluctuate back and forth across the line.

Overall we were a couple months ahead of schedule and took 25 months therefore averaging $10,000 per month which I am ecstatic about and never thought I could hit a savings rate like that. Over the last 25 months we have had a 68% savings rate.

Here's to the next $500,000 and good luck to everyone!

tarheeldan

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Re: Race from 250 to 500k!
« Reply #1514 on: February 08, 2019, 12:11:31 PM »
Anddddd we're there! After the same hit everyone else took on stocks in September we have bounced back and cleared the $500,000 in January.

Congratulations!!!! See you in the next thread :)

Gardo

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Re: Race from 250 to 500k!
« Reply #1515 on: February 09, 2019, 11:56:53 AM »

Jan-18 $290132 - INV $373300 - NV ---> Big bounce back. But I wish it came after Feb.
I share same sentiment.  Wishing Feb is the bounce back to 26K.

AFrugalGuy

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Re: Race from 250 to 500k!
« Reply #1516 on: February 10, 2019, 08:07:23 AM »
December 31, 2018 - $395,278.54
January 31, 2019 - $416,329.96

On track for $500k this year.

Nick_Miller

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Re: Race from 250 to 500k!
« Reply #1517 on: February 10, 2019, 10:42:33 AM »
@Saskatchewstachian congrats on hitting $500K at such a young age!

Gardo

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Re: Race from 250 to 500k!
« Reply #1518 on: February 10, 2019, 01:13:44 PM »
I'm taking a medium term bear position, so I don't care about short term gain.  Now, if market continues to rise past my time frame for re-entry, then yes that would sting. Plus, the blatant manipulation of the market that I saw this last month was too worrying,  enough for me to be glad that I was out of it,  gain or no gain.

"Time frame for re-entry" -- is that due to hold of transactions by the 401K provider? 

LPG

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Re: Race from 250 to 500k!
« Reply #1519 on: February 12, 2019, 04:41:24 PM »
Hi everybody,

I just graduated from the Race from 100 to 250k thread today, and am excited to be joining this group for the next leg of my Mustachian journey! So, without further ado, here's my first record in this group:

Date                  NW
2/12/2019           251,448


me1

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Re: Race from 250 to 500k!
« Reply #1520 on: February 17, 2019, 09:12:06 AM »

I am tracking investments rather than net worth
Column 1: investments (retirement + otherwise):
Column 2: total net worth (including investments, savings account and the paid off part of the house)
9/17/18     $261,012   $390,335
10/17/18   $258,694   $386,464
11/17/18   $257,033   $387,342
2/17/19     $290,225   $423,873
Didnt update this in a while! Nice too see these numbers!

drumstache

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Re: Race from 250 to 500k!
« Reply #1521 on: February 18, 2019, 11:02:39 AM »
Goal was to hit before end of Jan 2019, and... I'm here!  Good Job everyone, keep saving!  See ya'll in the other thread!

Not counting value of house:
5/20/2016   INV-   $218,514      NW-   $328,980
7/17/2017   INV-   $306,386      NW-   $417,755
3/14/2018   INV-   $380,160      NW-   $467,160
8/08/2018   INV-   $423,708      NW-   $491,708
2/18/2019   INV-   $446,121      NW-   $581,759



peeps_be_peeping

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Re: Race from 250 to 500k!
« Reply #1522 on: February 20, 2019, 12:05:53 PM »
I just reached $250K in investments a couple weeks ago so it will be fun to see how long it takes to double my stash.

5/31/18  $252,184!!!
4/30/18   $246,189
3/31/18   $239,527
2/28/18   $238,698
1/31/18   $239,572

Here I am in February 2019 at $298,603 in investments.