Author Topic: Race from 500k to 1M!  (Read 169731 times)

Zamboni

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Re: Race from 500k to 1M!
« Reply #1150 on: April 30, 2019, 06:14:18 PM »
Congratulations, @Tracyl-5

Trifele

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Re: Race from 500k to 1M!
« Reply #1151 on: May 01, 2019, 04:58:51 AM »
Nice job @Tracyl-5!  Congrats!


My update:  At this point for this challenge we are tracking retirement accounts only (excludes house, emergency fund, and 529 accounts).  Managed a gain thanks to Mr.Market, despite being retired now.  That was the plan -- make a little money to cover daily expenses, and let the accounts grow in the background.
 
5/1/17 --    $631     
6/1/17 --    $647 (+16)     
7/1/17 --    $655 (+8)   
8/1/17 --    $665 (+10)   
9/1/17 --    $672 (+7)   
10/1/17 --  $684 (+12)   
11/1/17 --  $702 (+18)
12/1/17 --  $724 (+22)

1/1/18  --   $731 (+7)
2/1/18  --   $761 (+30)
3/1/18  --   $737 (-24)
4/1/18 --    $731 (-6)
5/1/18 --    $738 (+7)
6/1/18 --    $747 (+9)
7/1/18 --    $744 (-3)
8/1/18 --    $761 (+17)
9/1/18 --    $776 (+15)
10/1/18 --  $776 (+0)
11/1/18 --  $729 (-37)
12/1/18 --  $745 (+16)

1/1/19 --    $703 (-$42)
2/1/19 --    $751 (+$48)
3/1/19 --    $769 (+$18)
4/1/19 --    $813 (+$44)
5/1/19 --    $841 (+$28)

MikeO

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Re: Race from 500k to 1M!
« Reply #1152 on: May 01, 2019, 06:02:33 AM »
Slowly but surely I just keep pressing forward...  investment accounts only.

Updated:

Quote
Dec 2016 $322,818
Dec 2017 $438,627
Dec 2018 $518,373

Feb 2019 $603,363


Mar 2019  $616,382
Apr 2019  $643,599
« Last Edit: May 01, 2019, 06:04:23 AM by MikeO »

Roots&Wings

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Re: Race from 500k to 1M!
« Reply #1153 on: May 01, 2019, 07:06:09 AM »
Great progress everyone! Congrats to the recent millionaires!

Slow and steady is the way to go, especially for those of us not making six figures. Markets are zooming along again.

Another annual update:
April 2016: $500k -----> saved $54.8k (~75% of income), 90/10 allocation
April 2017: $651k -----> saved $53.4k (~73% income), 60/40 allocation
April 2018: $777k -----> saved $40.5k (~54% income) 80/20 allocation

April 2019: $883k

Ladychips

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Re: Race from 500k to 1M!
« Reply #1154 on: May 01, 2019, 07:37:50 AM »
         Investments/cash     Net worth

05/18 - $503,164               $742,902
06/18 - $506,463               $747,871
07/18 - $520,768               $764,243
08/18 - $542,574               $787,745
09/18 - $541,489               $788,357
10/18 - $518,567               $766,694
01/19 - $522,773               $776,499
02/19 - $544,291               $799,739
03/19 - $551,251               $808,455

04/19 - $577,496          $836,473

Nice!

Arbitrage

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Re: Race from 500k to 1M!
« Reply #1155 on: May 01, 2019, 07:40:27 AM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
5/17/18: $765k / 1.112M
6/29/18: $773k / 1.137M
7/31/18: $795k / 1.170M
8/31/18: $813k / 1.189M
9/29/18: $811k / 1.192M
11/1/18: $772k / 1.160M
12/1/18: $796k / 1.182M

1/1/19: $765k / 1.152M
2/1/19: $826k / 1.227M
3/1/19: $850k / 1.264M
4/1/19: $863k / 1.277M
5/1/19: $892k / 1.298M

YoungGranny

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Re: Race from 500k to 1M!
« Reply #1156 on: May 01, 2019, 08:01:53 AM »

Dec. 2017: $502k
Jan. 2, 2018: $513.7k
Feb. 5, 2018: $539.9k
Mar. 5, 2018: $543.6k
Apr. 2, 2018: $557.6
Apr. 30, 2018: $574.5k
June 4, 2018: $616.2k
July 2, 2018: $623.4k
Aug. 1, 2018: $643.8k
Sep. 4, 2018:$670.2k
Oct. 2, 2018: $677.7k
Nov. 2, 2018: $659.6k
Jan 2, 2019: $631.2k
Feb 1, 2019: $659.1k
Mar 1, 2019: $708k
Apr 1, 2019: $725.9k

May 1, 2019: $753.9k - 17 months to hit the halfway point.

justkeepswimming

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Re: Race from 500k to 1M!
« Reply #1157 on: May 01, 2019, 09:20:07 AM »
We just crossed the $500k mark in invested net worth, which has inspired me to stop lurking and join in on this thread!  Love seeing everyone's progress.  Here we are:

Invested NW / Total NW:

5/1/19: 500.4k / 674.5k

Watchmaker

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Re: Race from 500k to 1M!
« Reply #1158 on: May 01, 2019, 09:35:30 AM »
I'm new to this thread but we passed a NW 500k around October of 2016, and we're are 975k right now. A 475k increase in two and half years feels absolutely insane.

I expect to be bouncing around 1MM for awhile with some planned larger expenses, possible market corrections, etc.

BriarRose111

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Re: Race from 500k to 1M!
« Reply #1159 on: May 01, 2019, 09:36:13 AM »
Month end update:

Liquid assets / Net worth

Jan 2018  $415.5K / $508K
Jun 2018  $518.8K / $578.4K
Jul  2018  $528.3K / $588.2K
Aug 2018  $543K  / $603.2K
Sep 2018  $548K / $608.6K
Oct 2018   $492.6K / $569.5K
Nov 2018  $502K / $585.3K
Dec 2018  $476.8K / $554K
Jan 2019   $509.1K / $587K
Feb 2019   $534.2K / $612.6K
Mar 2019   $549K  / $627.8K
Apr 2019   $561.1K / $640.1K

terrifictim

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Re: Race from 500k to 1M!
« Reply #1160 on: May 01, 2019, 09:39:08 AM »
Hi All,

Graduated from the 250-500k club back in June 18 but waited a while to join this one until it seemed like it would stick. Look forward to seeing how I do on this race - alot of the previous gains came about from getting married and combining assets.
Assets include primary residence, rental property, and investment portfolio. Liabilities are two mortgages.

                        Assets   Liabilities   Net Worth
July 2018            $939k        -$433k         $505k
August 2018        $956k        -$431k         $525k
September 2018  $975k        -$435k         $539k
October 2018       $953k        -$435k        $518k
November 2018    $962k        -$429k        $533k
December 2018    $962k        -$427k        $534k
January  2019      $977k        -$425k        $552k
February 2019      $1004k      -$428k        $576k
March 2019          $1024k      -$424k        $600k
April 2019             $1049k      -$427k        $622k

Looks like about a year to go from $500-600k. I was initially house heavy (1 primary + 1 investment), so nice to see the liquid portion of Net Worth continuing to ramp up.

sisto

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Re: Race from 500k to 1M!
« Reply #1161 on: May 01, 2019, 11:42:37 AM »
what is everyone using for this number?


investments only?

investment + emergency fund?

Total net worth? (investments, cash in savings, checking, emergency fund, property owned (cars, houses etc)

I'm personally only looking at my invested cash, and ignoring property (my home, which I still owe on, and our cars which are paid for), emergency fund savings, and my checking (daily operations money).
Everyone is counting slightly differently. For me I include all investments and cash including retirement accounts. I don't include my house equity because I don't plan to sell it. Nor do I count any property.

sisto

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Re: Race from 500k to 1M!
« Reply #1162 on: May 01, 2019, 11:44:25 AM »
Wow!  We made it!  Took 3.5 years...  After seeing December's drops, I never thought we'd get here this fast...  Will probably dip below again, but we'll just keep adding to the Stache for a few more years. 
Our goal is $1.5M minimum... We'll see how we feel when we get there. 
Crazy to see the gains and losses...

Month/Year   Liquid Assets   Gain/Loss
Oct-15      $513K      First Time Over the $500K Mark
Nov-15      $519K      +$6K
Dec-15      $513K      (-$6K)
Jan-16      $491K      (-$22K)
Feb-16      $505K      +$14K
Mar-16      $530K      +$25K
Apr-16      $542K      +$12K
May-16      $550K      +$8K
Jun-16      $554K      +$4K
Jul-16      $576K      +$22K
Aug-16      $582K      +$6K
Sep-16      $587K      +$5K
Oct-16      $579K      (-$8K)
Nov-16      $599K      +$20K
Dec-16      $613K      +$14K
Jan-17      $638K      +$25K
Feb-17      $661K      +$23K
Mar-17      $673K      +$12K
Apr-17      $685K      +$12K
May-17      $696K      +$11K
Jun-17      $706K      +$10K
Jul-17      $722K      +$16K
Aug-17      $727K      +$5K
Sep-17      $747K      +$20K
Oct-17      $788K      +$41K
Nov-17      $811K      +$23K
Dec-17      $822K      +$11K
Jan-18      $863K      +$41K
Feb-18      $839K      (-$24K)
Mar-18      $837K      (-$2K)
Apr-18      $847K      +$10K
May-18      $871K      +$24K
Jun-18      $873K      +$2K
Jul-18      $899K      +$26K
Aug-18      $924K      +$25K
Sep-18      $928K      +$4K
Oct-18      $896K      (-$32K)
Nov-18      $915K      +$19K
Dec-18      $852K      (-$63K)
Jan-19      $928K      +$76K
Feb-19      $956K      +$28K
Mar-19      $969K      +$13K
Apr-19      $1,020K      +$51K

Congratulations!

Chairman

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Re: Race from 500k to 1M!
« Reply #1163 on: May 02, 2019, 03:55:29 AM »
Not sure when/if I'll get to 1m; may semi-FIRE before then.
If the market were to stay flat, would probably hit 1m investible around 6 months from now.
Not declaring victory yet though until I have 1m investible and no debt to the bank.
Net worth is clearly north of $1m now, and we even have more than $1m invested/investible, but still not debt free
So, net worth hits $1.5m for the first time.
Net worth drops back down to where it was 6 months ago.
Down 9.3% from peak
Quarterly update, May 2019:

  • Q1 2019: 877k liquid + 440k home equity: total 1,317k (debt: 46k)
  • Q4 2018: 990k liquid + 389k home equity: total 1,379k (debt: 104k)
  • Q3 2018: 1,096k liquid + 384k home equity: total 1,480k (debt: 115k)
  • Q2 2018: 1,108k liquid + 392k home equity: total 1,500k (debt: 131k)
  • Q1 2018: 1,075k liquid + 409k home equity: total 1,484k (debt: 141k)
  • Q4 2017: 1,005k liquid + 332k home equity: total 1,337k (debt: 189k)
  • Q3 2017: 894k liquid + 313k home equity: total 1,207k (debt: approx 193k)
  • Q2 2017: 720k liquid + 250k home equity: total 970k (debt: approx 228k)

Liquidity down, home equity up, debt down, savings rate 0% so totally reliant on market returns to get back above 1m in investible/invested assets.

Bergal

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Re: Race from 500k to 1M!
« Reply #1164 on: May 02, 2019, 06:07:54 AM »
          Invested/Cash    Total NW
End of 2015  $513k                $752k
End of 2016  $574k                $820k                   
10/1/17        $670k                $921k
11/1/17        $679k                $931k
12/1/17        $693k                $944k

1/1/18          $701k                $954k
2/1/18          $730k                $993k
3/1/18          $708k                $972k
4/1/18          $710k                $974k
5/1/18          $710k                $974k
6/1/18          $725k                $990k
7/1/18          $723k                $989k
8/1/18          $744k                $1,010,242 !!!!
9/1/18          $757k                $1,025,080
10/1/18        $759k                $1,027,612
11/1/18        $730k                $997k  (gah)
12/1/18        $738k                $1,005,392

1/1/19          $702k                $971k  (grrr!)
2/1/19          $746k                $1,017,675
3/1/19          $768k                $1,039,785
4/1/19          $787k                $1,059,928
5/1/19          $802k                $1,075,405

tips^up

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Re: Race from 500k to 1M!
« Reply #1165 on: May 02, 2019, 10:00:47 AM »
4/1/19 $236k LNW / $756 TNW

5/2/19 $242k LNW / $764 TNW
1% increase, even after paying $3500 property tax and taking the wife on a camping trip to Zion NP for "baby moon."  Stock market's increasing, but I think its mostly due to my BTC position.  Up 27%!  Now I've got a whopping $290 of imaginary money.

FireHiker

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Re: Race from 500k to 1M!
« Reply #1166 on: May 02, 2019, 10:10:29 AM »
               Stash           Total NW including home equity
3/28/17:   667k           1.208M
4/28/17:   704k           1.193M
5/25/17:   716k           1.244M
6/27/17:   734k           1.284M
7/24/17:   752k           1.287M
8/24/17:   753k           1.303M
9/28/17:   783k           1.384M
10/31/17: 800k           1.411M
11/27/17: 821k           1.432M
12/26/17: 844k           1.452M
1/25/18:   890K           1.511M
2/27/18:   876k           1.512M
3/29/18:   854k           1.515M
5/1/18:     871k           1.542M
2/1/19:     898k           1.517M
3/4/19:     929k           1.535M
5/1/19:     981k           1.631M

Wow, that seventh digit not including our home equity is getting closer and closer!

skip207

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Re: Race from 500k to 1M!
« Reply #1167 on: May 02, 2019, 11:51:44 AM »
01/01/17 374668
01/01/18 497097
01/01/19 547415
01/02/19 561491
01/03/19 568388
01/04/19 572881
01/05/19 583805

formerlydivorcedmom

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Re: Race from 500k to 1M!
« Reply #1168 on: May 02, 2019, 01:11:37 PM »
We had lots of financial fluctuations last summer (new jobs, unexpected medical and legal bills, etc), so I took time off from tracking and have just started back up.

I had been pretty frustrated last year because it didn't feel like we were saving enough, but I see that in the last 12 months, we saw an 80k increase in investments and $100k improvement in net worth.  I'm hoping we can do better through the rest of this year.  My goal is to hit $1M in 2023.

                 Invested/Overall NW
End of 2012: 170k / 200k  *(re)married
End of 2013: 295k / 342k
End of 2014: 338k / 388k
End of 2015: 366k / 428k *June - husband quit work to go back to college full-time
End of 2016: 432k / 545k
End of 2017: 532k / 664k [+83k college funds] * Sep - husband started working part-time; still going to college

end of Apr 2018: 537k / 677k    [+85k college funds] *house appraised at +9k
end of May 2018: 547k / 691k   [+86k college funds]
end of Jun 2018:  545k /691lk   [+87k college funds]

end of April 2019: 617k / 778k  [+99k college funds] *house appraised at +5k

Engineer93

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Re: Race from 500k to 1M!
« Reply #1169 on: May 02, 2019, 03:53:44 PM »
August 2016: $280k
November 2017: $380k
July 2018: $490k
April 2019: $541k
May 2019: $575k

Have now doubled our NW since finding MMM 2.75 years ago!
« Last Edit: May 03, 2019, 05:21:14 AM by Engineer93 »

YellowCat

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Re: Race from 500k to 1M!
« Reply #1170 on: May 04, 2019, 04:14:54 PM »
Jan 2017: $444,411
Feb 2017: $466,365 (+$21,954)
Mar 2017: $473,859 (+$7,494)
Apr 2017: $496,610 (+$22,751)
May 2017: $509,180 (+$12,570)
Jun 2017: $522,280 (+$13,100)
Jul 2017: $539,829 (+$17,549)
Aug 2017: $547,156 (+$7,327)
Sept 2017: $568,755 (+$21,599)
Oct 2017: $588,681 (+$19,926)
Nov 2017: $612,643 (+$23,962)
Dec 2017: $628,029 (+$15,386)
--------------------------
Jan 2018: $664,203 (+$36,174)
Feb 2018: $662,419 (-$1,784)
Mar 2018: $667,963 (+$5,544)
Apr 2018: $687,251 (+$19,288)
May 2018: $713,039 (+$25,788)
Jun 2018: $719,898 (+$6,859)
Jul 2018: $749,307 (+$29,409)
Aug 2018: $777,551 (+28,244)
Sept 2018: $782,645 (+$5,094)
Oct 2018: $747,078 (-$35,567)
Nov 2018: $768,361 (+$21,283)
Dec 2018: $718,610 (-$49,751)
--------------------------
Jan 2019: $777,609 (+$58,999)
Feb 2019: $820,306 (+$42,697)
Mar 2019: $840,459 (+$20,153)
Apr 2019: $881,921 (+$41,462)

I did some mental math the other day and realized that we've increased our total NW by 3.5X since ~May 2015 (from $250k to $880k)! That's mind boggling.

tightwaddy

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Re: Race from 500k to 1M!
« Reply #1171 on: May 05, 2019, 07:35:38 AM »
Stash (NW):
April 9, 2016:  $319,737
April 16, 2017: $379,833

March 8, 2018: $500,818
March 30, 2018: $505,467 ($924,670)
April 30, 2018:  $510,215 ($937,731)
May 31, 2018: $514,410 ($950,830)
June 30, 2018 $525,227 ($964,045)
July 31, 2018: $535,419 ($984,617)
August 31, 2018: $557,743 ($1,011,442)
November 30, 2018: $543,559 ($1,012,390)
December 30, 2018: $543,647 ($1,013,883)
February 9, 2019: $571,129 ($1,095,782)
March 2, 2019: $576,838 ($1,107,322)
May 5, 2019:  $599,099 ($1,076,474) Brutal Zestimate drop this month.  Good thing I don't take that too seriously :)

LeftA

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Re: Race from 500k to 1M!
« Reply #1172 on: May 05, 2019, 05:51:59 PM »
congrats @Tracyl-5 ! Your post had me look up when we hit $500K. It was in November 2016.

I don't calculate net worth so often, but as we approach $1M I'm finding myself calculating it much more frequently.

NW on March 30, 2019 was $943K.
NW (today) May 5, 2019 is $966K.

At this rate will be at $1M way before initial predictions of the latter half of 2020.

Tracyl-5

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Re: Race from 500k to 1M!
« Reply #1173 on: May 06, 2019, 04:28:46 PM »
congrats @Tracyl-5 ! Your post had me look up when we hit $500K. It was in November 2016.

I don't calculate net worth so often, but as we approach $1M I'm finding myself calculating it much more frequently.

NW on March 30, 2019 was $943K.
NW (today) May 5, 2019 is $966K.

At this rate will be at $1M way before initial predictions of the latter half of 2020.

Thanks!  So it looks like you'll probably hit it even faster than I did!  I find myself wondering how much faster my next $500K will go ;o)

Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #1174 on: May 07, 2019, 02:22:22 AM »
Apr 2019:    $523,606 --> crossed $500k threshold
May 2019:   $536,891 (+13,285)

Trifele

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Re: Race from 500k to 1M!
« Reply #1175 on: May 07, 2019, 03:46:19 AM »
Welcome @justkeepswimming!  Glad you joined us.  The forum is great -- a big source of information and support.  Often we can't talk about this stuff in real life, but we have each other! 

LeftA

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Re: Race from 500k to 1M!
« Reply #1176 on: May 09, 2019, 03:48:30 PM »
congrats @Tracyl-5 ! Your post had me look up when we hit $500K. It was in November 2016.

I don't calculate net worth so often, but as we approach $1M I'm finding myself calculating it much more frequently.

NW on March 30, 2019 was $943K.
NW (today) May 5, 2019 is $966K.

At this rate will be at $1M way before initial predictions of the latter half of 2020.

Thanks!  So it looks like you'll probably hit it even faster than I did!  I find myself wondering how much faster my next $500K will go ;o)

Faster, would be great, no?

Welcome to @Dr Kidstache !

Zamboni

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Re: Race from 500k to 1M!
« Reply #1177 on: May 31, 2019, 06:32:03 AM »
Month Year: Investments
June 2017: 504K
July 2017: 523K
Add in home value - debts; net worth as second number:
Aug 2017: 533K / 666K
Sep 2017: 539K / 679K
Oct 2017: 551K / 698K
Nov 2017: 561K / 711K
Dec 2017: 569K / 724K

Jan 2018: 589K / 751K
Feb 2018: 577K / 741K
May 2018: 585K / 744K
July 2018: 600K / 763K
Aug 2018: 618K / 779K
Sept 2018: 621K / 795K
Oct 2018:  587K / 764K
Nov 2018: 599K / 778K
Dec 2018: 568K / 739K

Jan 2019: 607K / 767K
Feb 2019: 627K / 790K
Mar 2019: 636K / 802K
Apr 2019: 656K / 830K
May 2019: 636K / 809K

skip207

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Re: Race from 500k to 1M!
« Reply #1178 on: May 31, 2019, 02:10:58 PM »
01/01/17 374668
01/01/18 497097
01/01/19 547415
01/02/19 561491
01/03/19 568388
01/04/19 572881
01/05/19 583805
01/06/19 599145

Soooo close to 600k.

monarda

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Re: Race from 500k to 1M!
« Reply #1179 on: May 31, 2019, 09:33:17 PM »

             cash+rental equity       add primary residence equity
1/2016      $507K                      $627K
1/2017      $625K                      $797K

9/2017      $784K                      $904K

12/2017    $762K                      $903K  - remodeling primary residence! When project is done, big increase in equity!

3/2018     $725K                       $866K - still remodeling. Framing and all exterior done, all bills paid! (to contractors)

6/2018     $763K                       $910K    Hmmm. Zillow values for rental properties went way up. Making progress on the remodel.  Plumbing, insulation, electrical done. Just drywall, flooring remains!

9/2018    $830K                       $945K   We're painting this weekend! Just flooring and trim left on the remodel!  Cash went up because we paid off a bunch of credit card debt with HELOC. (0%promo rate was ending)

12/2018   $821K                      $964K   Slow and steady progress on the remodel. Thinking about selling a rental in 1stQ or 2ndQ 2019.

3/2019    $833K                       $977K     Just trim is left on the remodel. Rental house is on the market.



6/2019  $820K             $953K      Had to buy a roof for the rental house. It now is under contract, though. Hope to close before the next quarterly update. Substituted real equity in the total now that we know the sale price for that one. (Zillow values still used for other properties)

1MM dates now   12/2021            9/2019

« Last Edit: June 01, 2019, 08:55:11 AM by monarda »

OurTown

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Re: Race from 500k to 1M!
« Reply #1180 on: June 01, 2019, 06:07:40 AM »
6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664
3/1/19 = $682
4/1/19 = $691
5/1/19 = $708
6/1/19 = $702


YellowCat

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Re: Race from 500k to 1M!
« Reply #1181 on: June 01, 2019, 06:13:01 AM »
Jan 2017: $444,411
Feb 2017: $466,365 (+$21,954)
Mar 2017: $473,859 (+$7,494)
Apr 2017: $496,610 (+$22,751)
May 2017: $509,180 (+$12,570)
Jun 2017: $522,280 (+$13,100)
Jul 2017: $539,829 (+$17,549)
Aug 2017: $547,156 (+$7,327)
Sept 2017: $568,755 (+$21,599)
Oct 2017: $588,681 (+$19,926)
Nov 2017: $612,643 (+$23,962)
Dec 2017: $628,029 (+$15,386)
--------------------------
Jan 2018: $664,203 (+$36,174)
Feb 2018: $662,419 (-$1,784)
Mar 2018: $667,963 (+$5,544)
Apr 2018: $687,251 (+$19,288)
May 2018: $713,039 (+$25,788)
Jun 2018: $719,898 (+$6,859)
Jul 2018: $749,307 (+$29,409)
Aug 2018: $777,551 (+28,244)
Sept 2018: $782,645 (+$5,094)
Oct 2018: $747,078 (-$35,567)
Nov 2018: $768,361 (+$21,283)
Dec 2018: $718,610 (-$49,751)
--------------------------
Jan 2019: $777,609 (+$58,999)
Feb 2019: $820,306 (+$42,697)
Mar 2019: $840,459 (+$20,153)
Apr 2019: $881,921 (+$41,462)
May 2019: $852,437 (-$27,484)

BriarRose111

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Re: Race from 500k to 1M!
« Reply #1182 on: June 01, 2019, 07:25:36 AM »
Month end update:

Liquid assets / Net worth

Jan 2018  $415.5K / $508K
Jun 2018  $518.8K / $578.4K
Jul  2018  $528.3K / $588.2K
Aug 2018  $543K  / $603.2K
Sep 2018  $548K / $608.6K
Oct 2018   $492.6K / $569.5K
Nov 2018  $502K / $585.3K
Dec 2018  $476.8K / $554K
Jan 2019   $509.1K / $587K
Feb 2019   $534.2K / $612.6K
Mar 2019   $549K  / $627.8K
Apr 2019   $561.1K / $640.1K
May 2019  $533.5K / $612.9K

Trifele

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Re: Race from 500k to 1M!
« Reply #1183 on: June 01, 2019, 09:20:40 AM »
Monthly update, tracking retirement accounts only (excludes house, cash, and 529 accounts): 
 
5/1/17 --    $631     
6/1/17 --    $647 (+16)     
7/1/17 --    $655 (+8)   
8/1/17 --    $665 (+10)   
9/1/17 --    $672 (+7)   
10/1/17 --  $684 (+12)   
11/1/17 --  $702 (+18)
12/1/17 --  $724 (+22)

1/1/18  --   $731 (+7)
2/1/18  --   $761 (+30)
3/1/18  --   $737 (-24)
4/1/18 --    $731 (-6)
5/1/18 --    $738 (+7)
6/1/18 --    $747 (+9)
7/1/18 --    $744 (-3)
8/1/18 --    $761 (+17)
9/1/18 --    $776 (+15)
10/1/18 --  $776 (+0)
11/1/18 --  $729 (-37)
12/1/18 --  $745 (+16)

1/1/19 --    $703 (-42)
2/1/19 --    $751 (+48)
3/1/19 --    $769 (+18)
4/1/19 --    $813 (+44)
5/1/19 --    $841 (+28)
6/1/19 --    $810 (-31)

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #1184 on: June 01, 2019, 07:12:58 PM »
08/1/2018 - $511,000
09/1/2018 - $519,000
10/1/2018 - $526,000
11/1/2018 - $511,000
12/1/2018 - $523,700
01/1/2019 - $515,100
02/1/2019 - $552,000
03/1/2019 - $576,000
04/1/2019 - $586,200
05/1/2019 - $604,500
06/1/2019 - $590,360

Gardo

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Re: Race from 500k to 1M!
« Reply #1185 on: June 02, 2019, 09:54:17 AM »
Joining!

                    Retirement  +  Non-Retirement Non-College   +  Property, Net  +  Car        =   Net Worth
20190601:      $  276.0                        $   67.0                        $   252.0        $20.0           $   615.0

Arbitrage

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Re: Race from 500k to 1M!
« Reply #1186 on: June 02, 2019, 09:05:03 PM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
5/17/18: $765k / 1.112M
6/29/18: $773k / 1.137M
7/31/18: $795k / 1.170M
8/31/18: $813k / 1.189M
9/29/18: $811k / 1.192M
11/1/18: $772k / 1.160M
12/1/18: $796k / 1.182M

1/1/19: $765k / 1.152M
2/1/19: $826k / 1.227M
3/1/19: $850k / 1.264M
4/1/19: $863k / 1.277M
5/1/19: $892k / 1.298M
6/1/19: $864k / 1.269M


TheAnonOne

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Re: Race from 500k to 1M!
« Reply #1187 on: June 02, 2019, 09:43:45 PM »
Returning to update . . .

2015 DEC:252k<- Crossed 250k
--
2016 JAN:260k(+8k)
2016 FEB:281k(+21k)
2016 MAR:285k(+4k)
2016 APR:298k(+13k)
2016 MAY:305k(+7k)
2016 JUN:307k(+2k)
2016 JUL:320k(+13k)
2016 AUG:326k(+6k)
2016 SEP:336k(+10k)
2016 OCT:337k(+1k)
2016 NOV:361k(+24k)
2016 DEC:368k(+7k)
--
2017 JAN:382k(+14k)
2017 FEB:403k(+21k)
2017 MAR:416k(+13k)
2017 APR:427k(+11k)
2017 MAY:436k(+9k)
2017 JUN:449k(+13k)
2017 JUL:464k(+15k)
2017 AUG:478k(+14k)
2017 SEPT:494k(+16k)
2017 OCT:510k(+16k) <- Crossed 500k
2017 NOV:523k(+13k)
2017 DEC:534k(+11k)
--
2018 JAN:558k(+24k)
2018 FEB:569k(+11k)
2018 MAR:560k(-9k)
2018 APR:574k(+14k/+5k)
2018 MAY:575k(+1k)
2018 JUNE:575k(+0k)
2018 JULY:599k(+24k)
2018 AUG:620k(+21k)
2018 SEPT:625k(+5k)
2018 OCT:597k(-28k)
2018 NOV:606k(+9k/-19k)
2018 DEC:580k(-26k/-45k)
--
2019 JAN:628k(+48k/+3k)
2019 FEB:666k(+38k)
2019 MAR:677k(+11k)
2019 APR:706k(+29k)
2019 MAY:670k(-36k)

Dropped a bit from the market. Funny how "A BIT" is now $36,000 now, more than quite a few new cars out there.

Anyway, I jumped to a W2 FTE roll and am withholding huge amounts for taxes to get ahead of some 1099 work I did. Also saving some cash not listed in NW for a house down payment.

In other words, the market is going down and I am not pushing cash into it at the same time due to unrelated events. Oh well! Should be back to normal within a few months.

actionjackson

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Re: Race from 500k to 1M!
« Reply #1188 on: June 03, 2019, 06:41:33 AM »
2018
Jan   398000
Feb   431000
Mar   448000
Apr   462580
May   481501
Jun - 489782
Jul - 507110
Aug - 523353
Sep - 529071
Oct - 519042
Nov - 532025

2019
Mar - 586808
Jun - 609872

MikeO

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Re: Race from 500k to 1M!
« Reply #1189 on: June 03, 2019, 07:49:44 AM »

Slowly but surely I just keep pressing forward...  investment accounts only.


Dec 2016  $322,818
Dec 2017  $438,627
Dec 2018  $518,373

Jan 2019  $572,058
Feb 2019  $603,363
Mar 2019  $616,382
Apr 2019  $643,599
May 2019 $638,398

Markets went down but I pumped in a bunch of money this go around which made me almost break even. 

mizzourah2006

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Re: Race from 500k to 1M!
« Reply #1190 on: June 03, 2019, 01:46:46 PM »
Just crossed over $500k for the stache this past month, so I'll jump in on the race.

Started tracking:
Jan 16: $181.2k

Feb 19: $532.8k

Update to April 1st. $546.25k

May 1st: $577.12k
June 1st: $556.33k

Moving backwards....P

Ladychips

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Re: Race from 500k to 1M!
« Reply #1191 on: June 03, 2019, 08:17:25 PM »
         Investments/cash     Net worth

05/18 - $503,164               $742,902
06/18 - $506,463               $747,871
07/18 - $520,768               $764,243
08/18 - $542,574               $787,745
09/18 - $541,489               $788,357
10/18 - $518,567               $766,694
01/19 - $522,773               $776,499
02/19 - $544,291               $799,739
03/19 - $551,251               $808,455
04/19 - $577,496               $836,473

5/19 - $547,963             $811,636


Watchmaker

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Re: Race from 500k to 1M!
« Reply #1192 on: June 04, 2019, 03:46:52 PM »
I'm new to this thread but we passed a NW 500k around October of 2016, and we're are 975k right now. A 475k increase in two and half years feels absolutely insane.

I expect to be bouncing around 1MM for awhile with some planned larger expenses, possible market corrections, etc.

One month later and we bounced down to 950k, now back up to 978k, but going back down 15k or so with a tax payment.

FireHiker

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Re: Race from 500k to 1M!
« Reply #1193 on: June 04, 2019, 04:49:27 PM »
               Stash           Total NW including home equity
3/28/17:   667k           1.208M
4/28/17:   704k           1.193M
5/25/17:   716k           1.244M
6/27/17:   734k           1.284M
7/24/17:   752k           1.287M
8/24/17:   753k           1.303M
9/28/17:   783k           1.384M
10/31/17: 800k           1.411M
11/27/17: 821k           1.432M
12/26/17: 844k           1.452M
1/25/18:   890K           1.511M
2/27/18:   876k           1.512M
3/29/18:   854k           1.515M
5/1/18:     871k           1.542M
2/1/19:     898k           1.517M
3/4/19:     929k           1.535M
5/1/19:     981k           1.631M
6/3/19:     939k           1.599M

Market sucked last month. Oh well. We'll move out of this race and into the next one eventually!

tips^up

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Re: Race from 500k to 1M!
« Reply #1194 on: June 04, 2019, 04:53:12 PM »
6/3/19 $242k LWN / $765 TNW
5/2/19 $242k LNW / $764 TNW
4/1/19 $236k LNW / $756 TNW

Good-buying market month (i.e.- bad for stocks), still up slightly.  For now, I'm still pumping money in, so I hope the market keeps tanking.

Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #1195 on: June 06, 2019, 05:16:45 AM »
Apr 2019:    $523,606 --> crossed $500k threshold
May 2019:   $536,891 (+13,285)

Jun 2019:   $528,014 (-8,877)

I blame the markets. And not my fancy new mountain bike.

caracarn

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Re: Race from 500k to 1M!
« Reply #1196 on: June 06, 2019, 07:00:02 AM »
Apr 2019:    $523,606 --> crossed $500k threshold
May 2019:   $536,891 (+13,285)

Jun 2019:   $528,014 (-8,877)

I blame the markets. And not my fancy new mountain bike.
I hope so, because if your fancy new mountain bike costs $8-$9K, then you need to post pictures of it so we can see what something like that looks like.

Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #1197 on: June 07, 2019, 07:24:13 AM »
Apr 2019:    $523,606 --> crossed $500k threshold
May 2019:   $536,891 (+13,285)

Jun 2019:   $528,014 (-8,877)

I blame the markets. And not my fancy new mountain bike.
I hope so, because if your fancy new mountain bike costs $8-$9K, then you need to post pictures of it so we can see what something like that looks like.

Hahaha!

terrifictim

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Re: Race from 500k to 1M!
« Reply #1198 on: June 07, 2019, 10:54:33 AM »
Hi All,

Graduated from the 250-500k club back in June 18 but waited a while to join this one until it seemed like it would stick. Look forward to seeing how I do on this race - alot of the previous gains came about from getting married and combining assets.
Assets include primary residence, rental property, and investment portfolio. Liabilities are two mortgages.

                        Assets   Liabilities   Net Worth
July 2018            $939k        -$433k         $505k
August 2018        $956k        -$431k         $525k
September 2018  $975k        -$435k         $539k
October 2018       $953k        -$435k        $518k
November 2018    $962k        -$429k        $533k
December 2018    $962k        -$427k        $534k
January  2019      $977k        -$425k        $552k
February 2019      $1004k      -$428k        $576k
March 2019          $1024k      -$424k        $600k
April 2019             $1049k      -$427k        $622k

Looks like about a year to go from $500-600k. I was initially house heavy (1 primary + 1 investment), so nice to see the liquid portion of Net Worth continuing to ramp up.
May 2019             $1051k      -$423k        $628k (+6k)
Slightly up mostly due to putting in money in both retirement and taxable. Happy to see it was up with Mr. Market slightly down - this is most likely due to the stock market being a smaller portion of my net worth than most others here.

Watchmaker

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Re: Race from 500k to 1M!
« Reply #1199 on: June 10, 2019, 10:35:48 AM »
We passed 1MM NW today for the first time today. 1.004MM to be exact.

Unfortunately we've got about 20k in payments due in the next few days, so back down we go.

But still, I like a good milestone. It has been just under 6 years since I joined this forum, and a bit over 7 since I realized we were just treading water financially. That feels like a short amount of time, but it has also felt like a lifetime.