Author Topic: Race from 250 to 500k!  (Read 210936 times)

kaypinkHH

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Re: Race from 250 to 500k!
« Reply #950 on: December 29, 2017, 07:37:33 AM »
Another month, not great...we are only up ~1k...I'm wondering if something isn't tracking correctly on mint, but I'm too lazy to go figure it out, because that seems low.

House is planning to close on Jan 25th, at which point we liquidate some of that money, and I will move from this thread to the next! We bought a cheaper house with a rental suite, so next year looks promising for gains, even though there is a mat leave thrown in there.

Overall for 2017, I believe just with investments and savings, we were up ~125k (mostly from savings), this was an usually good year due to work situation. I don't expect growth like that going forward!

Even though we are doing really well, we still need to work on leaking money... somehow this month we still spent 5k. That seems way too high for what we spend our money on. (1.7k is mortgage, but still).
 

JLee

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Re: Race from 250 to 500k!
« Reply #951 on: December 29, 2017, 01:13:15 PM »
lol.  I am not entirely sure what I did the last time I posted - I updated how I calculated my net worth but appear to have either used October numbers for November, or mis-labeled November as October.  Whatever...at least it's going the right direction!

Code: [Select]
Date             Assets           Debts          Net Worth
October 2017 $370,483.90 -$120,007.15 $250,476.80
December 2017 $382,100.79 -$121,838.12 $260,262.67

neo von retorch

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Re: Race from 250 to 500k!
« Reply #952 on: December 29, 2017, 06:36:34 PM »
Net Worth
12/31/2015:     $245,147
1/31/2016:       $253,633
2/29/2016:       $265,274
3/31/2016:       $261,821
4/30/2016:       $273,255
5/31/2016:       $279,364
6/30/2016:       $287,929
7/31/2016:       $280,650
8/31/2016:       $292,791
9/30/2016:       $301,263
10/31/2016:     $300,583
11/30/2016:     $307,726
12/31/2016:     $319,285 (+11,559)
1/31/2017:       $326,030 (+6,745)
2/28/2017:       $334,870 (+8,840)
3/31/2017:       $350,826 (+15,956)
4/30/2017:       $353,693 (+2,867)
5/31/2017:       $359,361 (+5,668)
6/30/2017:       $366,395 (+7,034)
7/31/2017:       $371,986 (+5,591)
8/31/2017:       $377,400 (+5,414)
9/30/2017:       $391,019 (+13,619)
10/31/2017:     $395,496 (+4,477)
11/30/2017:     $405,169 (+9,673)
12/31/2017:  $431,163 (+25,994)

So... big month. My net worth had the biggest jump I've ever logged... and my investments + cash accounts flew past $250k. So I'll be tracking both now on my march to $500k! Of course, part of this is just that I log quarterly. So about $13k total showed up all at once. But we had a better month than the previous few with lower spending, so this firehose of cash was put to good use.

Liquid + Investments
Quote
11/30/2017$244,302(+$5,973)
12/31/2017$269,821(+$25,519)

SAfAmBrit

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Re: Race from 250 to 500k!
« Reply #953 on: December 29, 2017, 11:44:08 PM »
Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
March 2017 - $333,323
April 2017 - $340,884
May 2017 - $346,568
June 2017 - $357,230
July 2017 - $365,912
August 2017 - $370,689
September 2017 - $380,412
October 2017 - $390,025
November 2017 - $400,070
December 2017 - $404,188

Not great month - I have not increased my home value on my tracking sheet this year - personal capital is reporting NW @ $454,000. For ease of knowing exactly where i am in savings rate I am going to leave it where it is on my personal tracking. 2018 WILL be my year - $500,000 - here i come!

skip207

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Re: Race from 250 to 500k!
« Reply #954 on: December 30, 2017, 03:32:37 AM »
01/01/17   374668
01/02/17   388289
01/03/17   386895
01/04/17   400066
01/05/17   411208
01/06/17   421032
01/07/17   425821
01/08/17   434537
01/09/17   441247
01/10/17   450268
01/11/17   461926
01/12/17   464706
01/01/18   497097

+£122k over the year.  FIRE target of 2022 still on the table.

End of year bonus helped with this month (£15k) but still good numbers..

I hope to progress to the next thread on 1st Feb.





McStache

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Re: Race from 250 to 500k!
« Reply #955 on: December 30, 2017, 10:12:10 AM »
Historic
13-Jul     $0
13-Dec   $6,153
14-Dec   $49,012
15-Dec   $101,290
16-Dec   $179,750
This Year
17-Mar   $199,234
17-Jun    $218,315
17-Sep   $251,872
This Quarter
17-Oct    $260,359
17-Nov   $273,545
17-Dec   $287,830

Got a solid bonus this month and the markets are still up, so another good month of gains

Guava

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Re: Race from 250 to 500k!
« Reply #956 on: December 30, 2017, 01:53:55 PM »
May 2017: $251k
June 2017: $257k
July 2017: $264k
August 2017: $269k
September 2027: $279k
October 2017: $286k
November 2017: $296k
December 2017: $302k

We had a pretty great year! We surpassed our expectations by a whole lot and we saved 40% of our gross. Of course we want to do better next year but I don't see our net worth increasing too much in 2018 because we are building a garage/workshop and remodelling a bathroom. But we have been planning for this for years.

bzzzt

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Re: Race from 250 to 500k!
« Reply #957 on: December 30, 2017, 05:52:59 PM »
Dec 2015 = $288k
Dec 2016 = $331k
Dec 2017 = $440k!

It would have been even higher but I paid my first half of 2018 property taxes and bought some items for work that I won't be able to deduct after this year.

It's too early to know when I'll complete this race though. I only had 3 weeks off this year, worked 50+ hours/week for half the year, and my wife was off on maternity leave for a while. So, childcare costs were low and the OT contract is over, so I doubt next year will be as great. Hopefully, I'll be bugging out of here by the end of 2018.

Thanks 2017! You've been great! I never though I'd have a $100+k NW gain!

JJsfr

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Re: Race from 250 to 500k!
« Reply #958 on: December 31, 2017, 06:45:21 AM »
Jan 2017  $275k
Feb 2017  $287k $???
Mar 2017 $276k
Apr 2017 $282k
May 2017 $287k
Jun 2017 $290k
Jul 2017 $304k
Aug 2017  $311k
Sep 2017 $319k
Oct 2017  $327k
Nov 2017 $331k

Dec 2017  $338k

Another year where I still feel like I don't know what I'm doing but we grew $63k.

Mazzinator

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Re: Race from 250 to 500k!
« Reply #959 on: December 31, 2017, 07:26:50 AM »
Thanks for the welcome! Iím excited to be here!!

Investments only! (I do have a good bit of low rate, long term debt which makes my NW lower)
Numbers are end of month

Sept 17- $257k
Oct 17- $264
Nov 17- $270

Dec 17- $276

FireRun

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Re: Race from 250 to 500k!
« Reply #960 on: December 31, 2017, 08:00:22 AM »
I'll jump in. It's been a good year. Stretch goal is to hit $500K by the end of next year.

1-2012: $5250
1-2013: $19330
1-2014: $52312
1-2015: $128996
1-2016: $159167
1-2017: $242885
2-2017: $253872
3-2017: $266676
4-2017: $273489
5-2017: $280016
6-2017: $289638
7-2017: $297872
8-2017: $308277
9-2017: $315125
10-2017: $327632
11-2017: $339597
12-2017: $353408
1-2018: $363983


Another 10K+ gain month to wrap up a great year. Just about a 50% increase yoy.

Rife

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Re: Race from 250 to 500k!
« Reply #961 on: December 31, 2017, 08:13:21 AM »
Net worth not counting house equity:

Jan 2017: $305,000
Mar 2017: $340,000
June 2017: $368,000
Dec 2017: $439,000

Helped by a very strong year in the market we should make it in 2018.

Res Ipsa

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Re: Race from 250 to 500k!
« Reply #962 on: December 31, 2017, 05:14:20 PM »
June 1, 2017: $349,328
July 1, 2017: $362,675
Aug. 1, 2017: $373,748
Sep 1, 2017: $378,549 (bought a new house...I know, I know)
Oct 1, 2017: $389,829
Nov. 1, 2017: $396,444
December 1, 2017: $407,245
January 1, 2018: $412,626

2017 was a great year for investment gains.  Keep telling myself that's not likely to repeat itself.  Can't control market forces so I don't have a specific time goal for hitting $500k, but I do have a goal of saving/investing 50%+ of my take home/discretionary income in 2018 (50%+ of amounts left after paying taxes, insurance and mortgage). 
« Last Edit: December 31, 2017, 05:15:56 PM by Res Ipsa »

Rowellen

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Re: Race from 250 to 500k!
« Reply #963 on: December 31, 2017, 11:07:53 PM »
Jan 2017 $368k
Feb 2017 $390k includes 20k windfall from an inheritance.
Mar 2017 $396k
Apr 2017 $398k
May 2017 $404k
June 2017 $408k
July 2017 $415k
Aug 2017 $423k
Sept 2017 $432k
Oct 2017 $440k
Nov 2017 $448k (added in $10k of shares previously excluded)
Dec 2017 $450k

Jan 2018 $460k wow. Tracking net worth is so motivating. I don't know why I didn't do it sooner. +$92k in one year. Incredible.

turketron

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Re: Race from 250 to 500k!
« Reply #964 on: December 31, 2017, 11:17:25 PM »
April 2015: $98k
May 2015: $111k
June 2015: $112k
July 2015: $113k
Aug 2015: $113k
Sept 2015: $116k
Nov 1 2015: $120,330.91
Dec 1 2015: $138,810.56

Jan 1 2016: $141,251.00
Feb 1 2016: $135,573.00
Mar 4 2016: $138,331.39
Apr 1 2016: $146,788.37
May 1 2016: $149,149.52
Jun 1 2016: $161,205.21
July 1 2016: $165,947.80
Aug 1 2016: $176,198.00
Sep 1 2016: $178,840.37
Oct 1 2016: $184,372.64
Nov 1 2016: $181,625.28
Dec 1 2016: $187,972.57

Jan 1 2017: $193,414.19
Feb 1 2017: $200,758.63
Mar 1 2017: $211,677.78
Apr 1 2017: $217,643.71
May 1 2017: $225,773.04
Jun 1 2017: $232,222.09
July 1 2017: $235,779.19
Aug 1 2017: $244,461.55
Sept 1 2017: $247,101.69
Oct 1 2017: $256,365.91
Nov 1 2017: $266,140.14
Dec 1 2017: $279,806.93

Jan 1 2018: $283,829.36

dandypandys

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Re: Race from 250 to 500k!
« Reply #965 on: January 01, 2018, 04:44:26 AM »
2017
Jan 1st: 252k
Feb 1st: 257k
Mar 1st: 269k    (4k back in taxes :)
April 1st: 273k
May 1st: $287 Net Worth 10k jump is our condo on zillow.
June 1st: $292
July 4th: $295
Aug 1st: $294k  Had to use 8k for new HVAC - now we need to build our savings account back up from zero! Surprised NW didn't go down more, maybe I have some things to reconcile still..
Sept 1st: $296  still going up even after our 8K down last month :) Hoping to see a bigger jump next month though
Oct 1st $302 Back to full pay going fwd- always fun to pass a round number :)
Nov 2nd:  $314
Dec 4th $322.5k   

2018
Jan 1st:$316.5k bought a used car and a new stove.. spendy month but 64.5k up for the year! :)

MrsWolfeRN

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Re: Race from 250 to 500k!
« Reply #966 on: January 01, 2018, 08:09:36 AM »
2017

Jan 1: 236,254
Feb 1: 250,055
Mar 1: 262,196
Apr 1: 269,959
May 1: 282,665
Jun 1: 284,827
Jul 1: 292,037
Aug 1: 293,168
Sep 1: 297,489
Oct 1: 303,111
Nov 1: 309,583
Dec 1: 316,618

2018
Jan 1: 322,183

My number was higher a few days ago but I decided to pay my 2018 property taxes early.  I would like to hit 400k this year but it all depends on the market. Happy new year everyone!!!

AK

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Re: Race from 250 to 500k!
« Reply #967 on: January 01, 2018, 12:12:20 PM »
Just graduated to here at 253. Hoping to increase the net worth to $350 by the end of the year and possibly $400 as a stretch goal.

Other goals: Pay off student loans this year using various reward credit cards to acquire various travel rewards. Hoping to get the Southwest companion pass in this first quarter.

Good luck everyone!

Sailor Sam

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Re: Race from 250 to 500k!
« Reply #968 on: January 01, 2018, 12:44:53 PM »
1-Jan-2011:  $82,795
1-Jan-2012:  $106,303
1-Jan-2013:  $147,328
1-Jan-2014:  $212,595
1-Jan-2015:  $264,308
1-Jan-2016:  $299,216

1-Jan-2017:  $371,623
1-Feb-2017:  $379,968
1-Mar-2017:  $402,448
1-Apr-2017:  $409,886
1-May-2017: $416,851
1-Jun-2017:  $421,488
1-Jul-2017:   $430,504
1-Aug-2017:  $441,599
1-Sep-2017:  $451,138
1-Oct-2017:  $466,532
1-Nov-2017:  $475,240
1-Dec-2017:  $484,524

1-Jan-2018:  $496,452

Rowellen

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Re: Race from 250 to 500k!
« Reply #969 on: January 01, 2018, 07:40:09 PM »
Wow Sailor Sam. So close!

Welcome AK.

Sweet_Flips

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Re: Race from 250 to 500k!
« Reply #970 on: January 02, 2018, 07:00:36 AM »
UPDATED!

02/2017--$258,181.90
03/2017--$266,011.19
04/2017--$273,921.39
05/2017--$279,950.03
06/2017--$283,579.43
07/2017--$290,723.87
---------------------------Forgot to post for a few months
10/2017--$314,559.32
11/2017--$325,341.62
12/2017--$337,036.75 <--hoping to hit $400K in 2018

afuera

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Re: Race from 250 to 500k!
« Reply #971 on: January 02, 2018, 10:45:09 AM »
12/1/2017: INV-$256,324.07    NW-$266,011.53

1/1/2018: INV-$265,731.22    NW-$277,837.89

We still have ~$40K in limbo with about half owed to the contractor to finish repairs.  We will have a little extra to invest come February when we are done paying for rent on top of our mortgage and all the insurance payouts, contractor bills, and appliances costs are finished.

kapnfriday

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Re: Race from 250 to 500k!
« Reply #972 on: January 02, 2018, 02:15:04 PM »
8-2016: $369,217
9-2016: $373,735 (+$4.5k)
10-2016: $369,721 (-$4.0k)
11-2016: $385,057 (+$15.3k)
12-2016: $399,209 (+$14.1k)
1-2017: $408,813 (+$9.6k)
2-2017: $427,041 (+$18.2k)
3-2017: $425,204 (-$1.8k)
4-2017: $432,660 (+$7.4k)
5-2017: $439,707 (+7k)
6-2017: $445,394 (+5.6K)
7-2017: $456,502 (+11.1k!)
8-2017: $460,572 (+4k)
9-2017: $472,233 (+11.6k)
10-2017: $485,217 (+12.9k)
11-2017: $501,933 (+16.7k)
12-2017: $510,037 (+8.1k)

Friends,

It is with mixed emotions (not really) that I announce today that I have graduated from this thread and will be joining the big kids* in the race from $500k to $1M thread. 

My first post in this thread was Dec. 9, 2016 when we had invested assets of $385k and I didn't think we'd get to $500k by the end of 2017. 

Wishing you all the best on your continued journeys. You will get there!

*please promise to take me back if the big kids kick me out - thanks. 

Ladychips

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Re: Race from 250 to 500k!
« Reply #973 on: January 02, 2018, 07:28:18 PM »
8-2016: $369,217
9-2016: $373,735 (+$4.5k)
10-2016: $369,721 (-$4.0k)
11-2016: $385,057 (+$15.3k)
12-2016: $399,209 (+$14.1k)
1-2017: $408,813 (+$9.6k)
2-2017: $427,041 (+$18.2k)
3-2017: $425,204 (-$1.8k)
4-2017: $432,660 (+$7.4k)
5-2017: $439,707 (+7k)
6-2017: $445,394 (+5.6K)
7-2017: $456,502 (+11.1k!)
8-2017: $460,572 (+4k)
9-2017: $472,233 (+11.6k)
10-2017: $485,217 (+12.9k)
11-2017: $501,933 (+16.7k)
12-2017: $510,037 (+8.1k)

Friends,

It is with mixed emotions (not really) that I announce today that I have graduated from this thread and will be joining the big kids* in the race from $500k to $1M thread. 

My first post in this thread was Dec. 9, 2016 when we had invested assets of $385k and I didn't think we'd get to $500k by the end of 2017. 

Wishing you all the best on your continued journeys. You will get there!

*please promise to take me back if the big kids kick me out - thanks.

Congratulations.  Don't come back here...just be waiting for us all when we get there!!

Mustachio Bashio

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Re: Race from 250 to 500k!
« Reply #974 on: January 02, 2018, 11:39:51 PM »
With today's crazy market, I just crossed over the threshold from the previous race.  Posting to follow till the start of next month, since I figure the market will probably have a little dip after the jump today, so I'll wait till I'm more securely on this side of the of the line.  In the meantime, hi!

Pizzabrewer

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Re: Race from 250 to 500k!
« Reply #975 on: January 03, 2018, 04:23:39 AM »
1/1/2017:  $170,881  (start of tracking)
2/1/2017:  $183,768 
3/1/2017:  $197,020 
4/1/2017:  $202,363 
5/1/2017:  $223,229
6/1/2017:  $244,355
7/1/2017:  $249,532 
graduated to this thread!
8/1/2017:  $262,500
9/1/2017:  $270,766
10/1/2017:  $287,535
11/1/2017:  $302,991
12/1/2017:  $303,901
1/1/2018:  $292,875

Well it finally happened, NW was down $11k last month.  This was due to a pullback in a couple of my "picked" stocks.  After the tremendous run-up they enjoyed a retrenchment was inevitable.  The long-term prospects haven't changed though, so I'm holding long and strong.

I certainly can't complain about 2017.  We are up $122k which is a 71.4% growth.  I attribute 75% of that to investment gains and 25% to our newfound MMM frugality.  We still have improvements to make but the ship is moving in the right direction.

Best wishes to all in 2018!!

P.S.  The dog remained healthy this month.

Pizzabrewer

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Re: Race from 250 to 500k!
« Reply #976 on: January 03, 2018, 03:07:06 PM »
So after posting this morning, my portfolio of "stock picks" closed up almost $7k today. 

You don't get that level of excitement with index funds...

mrteacher

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Re: Race from 250 to 500k!
« Reply #977 on: January 04, 2018, 07:38:20 AM »
Just crossed the $250,000 mark yesterday! Posting to follow. I am looking forward to "officially" posting at the beginning of February!

McStache

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Re: Race from 250 to 500k!
« Reply #978 on: January 04, 2018, 08:28:15 AM »
Just crossed the $250,000 mark yesterday! Posting to follow. I am looking forward to "officially" posting at the beginning of February!

Welcome!!

Sailor Sam

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Re: Race from 250 to 500k!
« Reply #979 on: January 04, 2018, 09:37:40 AM »
1-Jan-2011:  $82,795
1-Jan-2012:  $106,303
1-Jan-2013:  $147,328
1-Jan-2014:  $212,595
1-Jan-2015:  $264,308
1-Jan-2016:  $299,216

1-Jan-2017:  $371,623
1-Feb-2017:  $379,968
1-Mar-2017:  $402,448
1-Apr-2017:  $409,886
1-May-2017: $416,851
1-Jun-2017:  $421,488
1-Jul-2017:   $430,504
1-Aug-2017:  $441,599
1-Sep-2017:  $451,138
1-Oct-2017:  $466,532
1-Nov-2017:  $475,240
1-Dec-2017:  $484,524

1-Jan-2018:  $496,452

Graduated!

My networth was $252,091 on 29-Aug-2014, and is $502,569 on 4-Jan-2017. A little under 3.5 years.

McStache

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Re: Race from 250 to 500k!
« Reply #980 on: January 04, 2018, 02:53:06 PM »
Graduated!

My networth was $252,091 on 29-Aug-2014, and is $502,569 on 4-Jan-2017. A little under 3.5 years.

Congrats!!  See you in the next race a few years down the road

Whiskers

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Re: Race from 250 to 500k!
« Reply #981 on: January 09, 2018, 08:56:47 PM »
Gonna throw my hat into the ring on this thread. It's crazy to go back and see the progress over the years. I came out of grad school in 2010 with $90k in student debt, without a pot to piss in, earning $40k a year. Four years ago this month, I was celebrating a zero net worth after a long period of focusing on attacking the loans. At that time, I decided to refocus my efforts on saving and investing more and to not go as crazy on the loans. Just last week, my personal investment accounts crossed the $250k mark for the first time. And this week, I will be making my final student loan payment. It feels great!

It's a little surreal for me getting to this point. I'm in the camp where it has felt like a big deal. Both of these goals, paying off the student loans and hitting $250k in investments, have been on my mind for so long and now both have been achieved... at practically the same time. I do feel different-- "rich" in the sense that my financial anxieties already seemed to have lessened. I don't feel prisoner to any debt and I have confidence in my nest egg. Now, in my 34th year, my traditional retirement (e.g. 65+) is already taken care of and all efforts moving forward will continue to shave off the years until true financial independence. (Now I know everyone uses their own form of accounting; I'll be following based on my personal investments/retirement accounts--separate from the wife's).
« Last Edit: January 09, 2018, 08:58:25 PM by Whiskers »

tightwaddy

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Re: Race from 250 to 500k!
« Reply #982 on: January 10, 2018, 05:37:03 AM »
Invested (& Liquid)
April 9, 2016:  $319,737
May 6, 2016: $325,093
June 8, 2016: $332,224
July 11, 2016:$337,287
August 8, 2016: $341,304
February 9, 2017: $361,822
March 11, 2017: $368,914
April 16, 2017: $379,833
May 10, 2017: $390,728
June 13, 2017: $401,930
July 12, 2017: $410,646
August 19, 2017: $422,663
September 10, 2017: $435,887
October 13, 2017: $446,859
November 9, 2017: $457,647
December 8, 2017: $469,713
January 10, 2018: $485,435

The finish line for this thread is in sight--Once February contributions hit in early March, I hope to graduate!

skip207

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Re: Race from 250 to 500k!
« Reply #983 on: January 10, 2018, 03:16:47 PM »
Woohoo!

Tracker currently showing £500,040!

I know its not the end of the month but I am going to call that mission accomplished!!

Moving onwards and upwards.

Roughly 26 months from 250k to 500k.

See you all in the next thread.

:)

gmdv

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jpeizie

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Re: Race from 250 to 500k!
« Reply #985 on: January 12, 2018, 08:32:08 AM »
Dec 2016: $212k
Dec 2017: $282k

I never would have believed we could increase our savings by $70k in one year. That is incredible. And we didn't have a particularly good year as far as savings rate goes, either. Hoping to put away $50k in 2018!

tyort1

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Re: Race from 250 to 500k!
« Reply #986 on: January 12, 2018, 09:50:45 AM »
Dec 2016 - $204k
March 2017 - $301k
June 2017 - $320k
Sept 2017 - $339k
Dec 2017 - $364k


Changed it to quarterly instead of monthly - its more inspiring to see the bigger jumps in the numbers, IMO.  Wow, what a crazy good year last year was.

TryingtoFIREinLAnow

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Re: Race from 250 to 500k!
« Reply #987 on: January 12, 2018, 03:32:40 PM »
05/01/2017:  $198,456
05/15/2017:  $200,404   
05/31/2017:  $207,044
06/15/2017:  $213,996
07/05/2017:  $219,933
07/17/2017:  $225,853
08/01/2017:  $228,504
08/24/2017:  $228,854
09/01/2017:  $237,500
09/19/2017:  $245,500
10/02/2017:  $251,933
11/07/2017:  $266,000
12/27/2017:  $280,000
The combination of taking a money job at a company notorious for burning out its workers quickly and the getting scary stock market run that you can chalk up to the current POTUS or not has put us well over $100k of savings in a year - something I never would have thought possible!!

01/12/2018:  $300,768

Just took a decent size pay cut in order to get out of NYC and the soul crushing schedule and corporate culture of the aforementioned well paid job, so I'll be putting less into the ol' Vanguard each month - still getting settled in the new HCOL city so we'll see how it stacks up to NYC, which was hella $$$ but after many years of being broke there I knew the tips and tricks to living there frugally......also January NW includes a couple Gs of Crypto that I bought on a late night whim w some friends, so that'll probably go up in smoke fairly soon...
We'll see over the next few months how this life change pans out for the FIRE quest.....

McStache

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Re: Race from 250 to 500k!
« Reply #988 on: January 13, 2018, 12:27:58 PM »
Just took a decent size pay cut in order to get out of NYC and the soul crushing schedule and corporate culture of the aforementioned well paid job, so I'll be putting less into the ol' Vanguard each month - still getting settled in the new HCOL city so we'll see how it stacks up to NYC, which was hella $$$ but after many years of being broke there I knew the tips and tricks to living there frugally......also January NW includes a couple Gs of Crypto that I bought on a late night whim w some friends, so that'll probably go up in smoke fairly soon...
We'll see over the next few months how this life change pans out for the FIRE quest.....

@TryingtoFIREinNYC Congrats! Does this mean a name change is coming soon?

4n6

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Re: Race from 250 to 500k!
« Reply #989 on: January 13, 2018, 05:23:35 PM »
At the beginning of 2017 we were at 243k. At the end of 2017 we were at 386k and now we are at 409k. It is possible, not probable, but possible that we could hit 500k by the end of the year. That would be great, but it would require the market to continue with solid returns.

facepalm

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Re: Race from 250 to 500k!
« Reply #990 on: January 13, 2018, 05:59:09 PM »
Dec 2016 - $204k
March 2017 - $301k
June 2017 - $320k
Sept 2017 - $339k
Dec 2017 - $364k


Changed it to quarterly instead of monthly - its more inspiring to see the bigger jumps in the numbers, IMO.  Wow, what a crazy good year last year was.
Nice Work!

tyort1

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Re: Race from 250 to 500k!
« Reply #991 on: January 18, 2018, 04:29:40 PM »
Dec 2016 - $204k
March 2017 - $301k
June 2017 - $320k
Sept 2017 - $339k
Dec 2017 - $364k


Changed it to quarterly instead of monthly - its more inspiring to see the bigger jumps in the numbers, IMO.  Wow, what a crazy good year last year was.
Nice Work!

Thanks!  I think I'll add in the early days, from when I first started tracking a bit less than 3 years ago:

Sept 2015 - $125k
Dec 2015 - $153k
March 2016 - $157k
June 2016 - $178
Sept 2016 - $192k
Dec 2016 - $204k
March 2017 - $301k
June 2017 - $320k
Sept 2017 - $339k
Dec 2017 - $364k
Today - $380k

dystopic

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Re: Race from 250 to 500k!
« Reply #992 on: January 18, 2018, 04:46:57 PM »
16th March 2017 - $156,970.56
14th April 2017 - $172,158.80 (+$15,188.24)
18th May 2017 - $187,986.35 (+$15,827.55)
18th June 2017 - $219,742.03 (+$31,755.68) Whatever small amount I had in cryptocurrencies went bonkers 😳
14th July 2017 - $200,846.03 (-$18,896) - Vanguard dropped over 5% and the crypto portfolio dropped 34%. Additionally I paid for house renovation, moving, bond, and prepaid the rent. So the drop may look dramatic but it's really where it was 6 weeks ago. Also I own way more Vanguard units now than during the last update.
17th August 2017 - $228,106.09 (+$27,260.06) - Back on track, although I still have some big expenses coming up in the near future. Hoping to graduate by the end of October 2017.
26th September 2017 - $228,382.36 (+$276.27) - cryptos went down by the same amount as what I saved. I'm done with the big house related expenses now.
13th October 2017 - $256,067.92 (+$27,685.56) - Looks like I'm done here. Markets went back up + I'm back to big savings. My portfolio is pretty volatile due to the crypto exposure so it may come back under 250k at any point of time. Rebalancing would trigger massive tax so I'm leaving it for now. See you in the next thread. Good luck all!
...(moved to 250k->500k thread)
16th November 2017 - $312,757.72 (+$56,689.80) - cryptocurrency doing its thing😳
14th December 2017 - $472,428.34 (+$159,670.60) - over time I got used to crypto doubling every year but doubling every month made me liquidate big part of my portfolio. This went against my investment policy statement but elevated a lot of mental stress. Win. I also worked crazy overtime hours since the last update, keeping spendings low and everything else on track.
19th January 2018 - $437,933.25 (-$34,495.10) - the crypto dip set me back to values from early December. Not complaining.

retireatbirth

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Re: Race from 250 to 500k!
« Reply #993 on: January 19, 2018, 03:09:18 PM »
New guy here just graduated from the last thread

April 28,2017: $253,000

July 7, 2017: $266,000

November 13, 2017: $299,000

January 19, 2017: $326,000

Not bad. $27k in a little over 2 months. $60k in about 6 months. $73k in 9 months. This is the fastest I've ever grown due to some EOY stuff and of course market returns.

TryingtoFIREinLAnow

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Re: Race from 250 to 500k!
« Reply #994 on: January 23, 2018, 04:12:02 PM »
@McStache  --- See above! I hadn't even thought about it - - as you can see from the updated handle, its kinda out of the frying pan and into the fire as far as cost of living....but the weather....oh the weather!!!

05/01/2017:  $198,456
05/15/2017:  $200,404   
05/31/2017:  $207,044
06/15/2017:  $213,996
07/05/2017:  $219,933
07/17/2017:  $225,853
08/01/2017:  $228,504
08/24/2017:  $228,854
09/01/2017:  $237,500
09/19/2017:  $245,500
10/02/2017:  $251,933
11/07/2017:  $266,000
12/27/2017:  $280,000
01/12/2018:  $300,768
01/23/2018:  $305,566

--stock market up, crypto down (haha) ---- cannot believe how much the stock market is up this month---starting to get a sinking feeling - there's gotta be a correction on the way - this is just too easy......

TryingtoFIREinLAnow

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Re: Race from 250 to 500k!
« Reply #995 on: January 23, 2018, 04:19:07 PM »
@dystopic
Congrats on taking advantage of the crypto wave and knowing when to hold and when to fold!!  Looks like you took some gains w you before the inevitable........

JLee

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Re: Race from 250 to 500k!
« Reply #996 on: January 25, 2018, 10:39:15 PM »
2017
Code: [Select]
Date             Assets           Debts          Net Worth
October 2017 $370,483.90 -$120,007.15 $250,476.80
December 2017 $382,100.79 -$121,838.12 $260,262.67

2018
Code: [Select]
Date             Assets           Debts          Net Worth
January 2018 $390,088.91 -$119,841.70 $270,247.21

Next month is bonus month! :D
« Last Edit: January 25, 2018, 10:44:39 PM by JLee »

SAfAmBrit

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Re: Race from 250 to 500k!
« Reply #997 on: January 29, 2018, 10:07:05 AM »
Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
March 2017 - $333,323
April 2017 - $340,884
May 2017 - $346,568
June 2017 - $357,230
July 2017 - $365,912
August 2017 - $370,689
September 2017 - $380,412
October 2017 - $390,025
November 2017 - $400,070
December 2017 - $404,188
January 2018 - $419426

Stock market is charging --- you know it has to break. I will take the best month i think we have ever had! I think we are starting to see compounding at work! I have a new job, (40% raise) this year is hopefully going to fly!

ender

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Re: Race from 250 to 500k!
« Reply #998 on: January 29, 2018, 10:13:56 AM »
wow @SAfAmBrit your numbers are close to ours. though you are outpacing us :P

Something I like doing is keeping track in my tracking a net worth "difference from 12 months ago" column. It's kind of crazy to see... six figure difference in a years worth of net worth. Kind of mind blowing, though saving a boatload worth of stuff helps I guess...


Sweet_Flips

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Re: Race from 250 to 500k!
« Reply #999 on: January 30, 2018, 10:50:57 AM »
UPDATED!

02/2017--$258,181.90
03/2017--$266,011.19
04/2017--$273,921.39
05/2017--$279,950.03
06/2017--$283,579.43
07/2017--$290,723.87
---------------------------Forgot to post for a few months
10/2017--$314,559.32
11/2017--$325,341.62
12/2017--$337,036.75 <--hoping to hit $400K in 2018
01/2018--$354,033.39