Author Topic: Celebrations Thread  (Read 1186783 times)

beach2133

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Re: Celebrations Thread
« Reply #2150 on: November 16, 2020, 12:42:41 PM »
Hit 2 commas of investable assets over the weekend! 

dougules

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Re: Celebrations Thread
« Reply #2151 on: November 17, 2020, 07:32:55 AM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

beach2133

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Re: Celebrations Thread
« Reply #2152 on: November 18, 2020, 08:26:09 AM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

A little anti-climactic.  One of those things I've been thinking about and tracking to for a long time and now that it's happened I think I need to shift my focus to a new goal.  The chase is more fulfilling.  Psychologically, i get way more satisfaction in paying off debt than hitting these milestones.

dougules

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Re: Celebrations Thread
« Reply #2153 on: November 19, 2020, 11:04:15 AM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

A little anti-climactic.  One of those things I've been thinking about and tracking to for a long time and now that it's happened I think I need to shift my focus to a new goal.  The chase is more fulfilling.  Psychologically, i get way more satisfaction in paying off debt than hitting these milestones.

Yeah, it was for us, too.  It kind of feels like driving across Kansas and hitting the Colorado state line. It's exciting because you're getting somewhere, but the Rockies are still a few hours out.  Then the ocean is going to take a while longer. 

beach2133

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Re: Celebrations Thread
« Reply #2154 on: November 19, 2020, 03:47:15 PM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

A little anti-climactic.  One of those things I've been thinking about and tracking to for a long time and now that it's happened I think I need to shift my focus to a new goal.  The chase is more fulfilling.  Psychologically, i get way more satisfaction in paying off debt than hitting these milestones.

Yeah, it was for us, too.  It kind of feels like driving across Kansas and hitting the Colorado state line. It's exciting because you're getting somewhere, but the Rockies are still a few hours out.  Then the ocean is going to take a while longer. 

Very apt analogy.  Thanks for commenting!

nereo

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Re: Celebrations Thread
« Reply #2155 on: November 20, 2020, 08:35:39 AM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

A little anti-climactic.  One of those things I've been thinking about and tracking to for a long time and now that it's happened I think I need to shift my focus to a new goal.  The chase is more fulfilling.  Psychologically, i get way more satisfaction in paying off debt than hitting these milestones.

Yeah, it was for us, too.  It kind of feels like driving across Kansas and hitting the Colorado state line. It's exciting because you're getting somewhere, but the Rockies are still a few hours out.  Then the ocean is going to take a while longer.

Interesting. When we hit the one come club some time ago it felt the same. Actually, it came with a market run up so it didnít even feel legitimate in some ways. Of course itís only increased since but we only feel ďrichĒ when we reflect on our debt-laden peers. Mostly we still feel comfortable financially but certainly not affluent

ixtap

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Re: Celebrations Thread
« Reply #2156 on: November 20, 2020, 09:07:50 AM »
Hit 2 commas of investable assets over the weekend!

Congrats!  How does it feel?

A little anti-climactic.  One of those things I've been thinking about and tracking to for a long time and now that it's happened I think I need to shift my focus to a new goal.  The chase is more fulfilling.  Psychologically, i get way more satisfaction in paying off debt than hitting these milestones.

Yeah, it was for us, too.  It kind of feels like driving across Kansas and hitting the Colorado state line. It's exciting because you're getting somewhere, but the Rockies are still a few hours out.  Then the ocean is going to take a while longer.

Interesting. When we hit the one come club some time ago it felt the same. Actually, it came with a market run up so it didnít even feel legitimate in some ways. Of course itís only increased since but we only feel ďrichĒ when we reflect on our debt-laden peers. Mostly we still feel comfortable financially but certainly not affluent

Due to last year's run up, coupled with only taking a snap shot every six months, we blew right past the two commas to our additional buffer to consider ourselves FI. We did get silly grins for a bit, but meh. And we signed a new lease a few months later, rather than quitting.

dougules

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Re: Celebrations Thread
« Reply #2157 on: November 20, 2020, 10:23:42 AM »
Due to last year's run up, coupled with only taking a snap shot every six months, we blew right past the two commas to our additional buffer to consider ourselves FI. We did get silly grins for a bit, but meh. And we signed a new lease a few months later, rather than quitting.

Signed a new lease?  For a business?

ixtap

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Re: Celebrations Thread
« Reply #2158 on: November 20, 2020, 10:30:14 AM »
Due to last year's run up, coupled with only taking a snap shot every six months, we blew right past the two commas to our additional buffer to consider ourselves FI. We did get silly grins for a bit, but meh. And we signed a new lease a few months later, rather than quitting.

Signed a new lease?  For a business?

No, but it is a two year lease on a condo within a mile of DH's office. Not that he has seen the inside of his office since we signed that lease... He just wasn't ready to walk away and it turns out with the pandemic that was the right decision.

dougules

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Re: Celebrations Thread
« Reply #2159 on: November 20, 2020, 11:01:32 AM »
Due to last year's run up, coupled with only taking a snap shot every six months, we blew right past the two commas to our additional buffer to consider ourselves FI. We did get silly grins for a bit, but meh. And we signed a new lease a few months later, rather than quitting.

Signed a new lease?  For a business?

No, but it is a two year lease on a condo within a mile of DH's office. Not that he has seen the inside of his office since we signed that lease... He just wasn't ready to walk away and it turns out with the pandemic that was the right decision.

Do you think he will RE when the world is back in a good place?  I think I might be prone to OMY when the time comes.  We're actually already to the point at which a lot of folks here would be pushing the eject button. 

SwordGuy

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Re: Celebrations Thread
« Reply #2160 on: November 20, 2020, 11:24:41 AM »
We're actually already to the point at which a lot of folks here would be pushing the eject button.

We pushed the eject button 2 1/2 years ago and it's awesome.   

ixtap

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Re: Celebrations Thread
« Reply #2161 on: November 20, 2020, 11:56:00 AM »
Due to last year's run up, coupled with only taking a snap shot every six months, we blew right past the two commas to our additional buffer to consider ourselves FI. We did get silly grins for a bit, but meh. And we signed a new lease a few months later, rather than quitting.

Signed a new lease?  For a business?

No, but it is a two year lease on a condo within a mile of DH's office. Not that he has seen the inside of his office since we signed that lease... He just wasn't ready to walk away and it turns out with the pandemic that was the right decision.

Do you think he will RE when the world is back in a good place?  I think I might be prone to OMY when the time comes.  We're actually already to the point at which a lot of folks here would be pushing the eject button.

On really good days, he talks about stringing together unpaid leave for as long as Megacorp will allow (ie, 6 months off, 12 months at work, another 4 months off...).

On bad days, he talks about quitting as soon as we can get the vaccine... actually, this morning, he was already talking about all the things he could do if he didn't have to go to work today. He has been in a spectacularly crappy mood this week. Or, maybe I really am just a horrible monster that should have known better than to offer to do the dishes...

Trifele

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Re: Celebrations Thread
« Reply #2162 on: December 07, 2020, 04:13:26 AM »
Today is my five-year anniversary since being diagnosed with cancer.  I've been looking forward to this day so much.  Clean bill of health so far, knock on wood.  Happy cancer-versary to me!


rebel_quietude

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Re: Celebrations Thread
« Reply #2163 on: December 07, 2020, 05:23:37 AM »
@Trifele , that's friggin' epic. Congratulations!!!




SwordGuy

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Re: Celebrations Thread
« Reply #2164 on: December 07, 2020, 07:14:28 AM »
Today is my five-year anniversary since being diagnosed with cancer.  I've been looking forward to this day so much.  Clean bill of health so far, knock on wood.  Happy cancer-versary to me!

That is truly something to celebrate!   Hooray!

Trifele

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Re: Celebrations Thread
« Reply #2165 on: December 07, 2020, 09:51:20 AM »
Thanks @rebel_quietude and @SwordGuy!  :)

MonkeyJenga

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Re: Celebrations Thread
« Reply #2166 on: December 07, 2020, 09:54:46 AM »
Today is my five-year anniversary since being diagnosed with cancer.  I've been looking forward to this day so much.  Clean bill of health so far, knock on wood.  Happy cancer-versary to me!

Amazing! Happy cancer-versary!

SquashingDebt

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Re: Celebrations Thread
« Reply #2167 on: December 11, 2020, 06:52:28 AM »
This is a very small reason for celebration, but hey, I'll take what I can get this year:

Yesterday, I realized that this month is my third 3-paycheck month of the year, which means I get 27 paychecks this year instead of the usual 26.  Fun!  We get paid on Thursdays, so I got my first paycheck on January 2nd and I'll get my last on December 31.

ixtap

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Re: Celebrations Thread
« Reply #2168 on: December 11, 2020, 07:49:18 AM »
This is a very small reason for celebration, but hey, I'll take what I can get this year:

Yesterday, I realized that this month is my third 3-paycheck month of the year, which means I get 27 paychecks this year instead of the usual 26.  Fun!  We get paid on Thursdays, so I got my first paycheck on January 2nd and I'll get my last on December 31.

We aren't sure if Megacorp will be paying early or on the first business day of the year. With 401k currently set to start taking 65% with the first paycheck in January, those couple of days represent a big difference in cash flow!

DrinkCoffeeAndStackMoney

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Re: Celebrations Thread
« Reply #2169 on: December 15, 2020, 02:43:45 PM »
Today is my five-year anniversary since being diagnosed with cancer.  I've been looking forward to this day so much.  Clean bill of health so far, knock on wood.  Happy cancer-versary to me!

That is fantastic! Congratulations!
I lost my Dad and an Aunt to cancer so any time I hear of someone beating it I love it!!

nereo

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Re: Celebrations Thread
« Reply #2170 on: December 15, 2020, 05:39:06 PM »
Today is my five-year anniversary since being diagnosed with cancer.  I've been looking forward to this day so much.  Clean bill of health so far, knock on wood.  Happy cancer-versary to me!

That is fantastic! Congratulations!
I lost my Dad and an Aunt to cancer so any time I hear of someone beating it I love it!!
Life.  A great reason to celebrate, and a great reminder that most of what we worry about is ancillary.

Glad to hear you have a clean bill of health 5 years in @Trifele

Trifele

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Re: Celebrations Thread
« Reply #2171 on: December 16, 2020, 07:05:30 AM »
Thanks @MonkeyJenga, @DrinkCoffeeAndStackMoney, and @nereo!  I appreciate it.  :)

So sorry about your dad and aunt @DrinkCoffeeAndStackMoney.  Cancer sucks.     

Optimiser

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Re: Celebrations Thread
« Reply #2172 on: December 16, 2020, 09:06:22 AM »
I found out yesterday that I passed my last section of the CPA exam, and signed papers to close on my house (I'm the seller)!

Trifele

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Re: Celebrations Thread
« Reply #2173 on: December 16, 2020, 09:18:46 AM »
I found out yesterday that I passed my last section of the CPA exam, and signed papers to close on my house (I'm the seller)!

That is a huge deal @Optimiser!!  Congratulations!

2Birds1Stone

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Re: Celebrations Thread
« Reply #2174 on: December 16, 2020, 09:27:11 AM »
Congrats @Optimiser !!

couponvan

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Re: Celebrations Thread
« Reply #2175 on: December 16, 2020, 01:32:51 PM »
@Optimiser from one CPA to another, congratulations!!!! I don't think I could pass it these days. LOL. We were the first group to get calculators on the exam I am that old.  Also congrats on the house sale-the days leading up to closing are so stressful.

SwordGuy

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Re: Celebrations Thread
« Reply #2176 on: December 19, 2020, 09:21:46 AM »
We got to do a few things this week that we couldn't ever have done if we didn't start following the path that MMM laid out back in 2012.

We were able to donate $1,000 to a local food bank.   We'll be donating $1,000 a month for the foreseeable future from now on (but to various charitable causes, not just the food bank.)    Could never have done this if not for MMM. 

We got to do my favorite part of being a landlord.   Assuming the tenants have taken care of the property and paid their rent (reasonably) on time, we gift them with a 1/2 month's rent rounded up to the nearest $50.   So we sent out 3 checks for $450 to our tenants.   

DaveSch

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Re: Celebrations Thread
« Reply #2177 on: December 19, 2020, 06:07:03 PM »
That is so cool Swordguy! I'm doing something similar. It started last spring when I received my unneeded stimulus check. I sent a quarter away to our local Food Bank. Part went to help a small business and their customers.
I just turned 70.5 years old in October. That means it is QCD time! (Qualified Charitable Distribution). I did a test run by sending some money to the same food bank.
I've made a list of mostly local charities and plan on having my IRA custodian make checks out to the qualified charities each month or so.
As the Covid starts going away, I'll turn my attention to some other charities too. But for now, it's the Food Bank.
I realized that I would not likely ever spend any of my IRA on myself. This will be more beneficial when it is RMD time for me.

Mrs. D.

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Re: Celebrations Thread
« Reply #2178 on: December 22, 2020, 11:43:21 AM »
DH and I have put 50K into savings this year! Roughly 50% savings rate. First time we've accomplished this.

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Re: Celebrations Thread
« Reply #2179 on: December 22, 2020, 12:24:05 PM »
I finally made the call to sell a piece of vacation property I had in the mountains and was underutilized (and not a candidate for rental). Ended up having a very easy transaction selling to a neighbor using a RE attorney. Had the money in an investment account within 24 hours of clearing escrow. While I did have a lot of personal investment in the property, it feels like a weight has been lifted off my shoulders not having to maintain it and having it sit idle.

Trifele

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Re: Celebrations Thread
« Reply #2180 on: December 23, 2020, 04:26:36 AM »
DH and I have put 50K into savings this year! Roughly 50% savings rate. First time we've accomplished this.

Congratulations!  What a nice present to give yourself.  Well done. 

Trifele

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Re: Celebrations Thread
« Reply #2181 on: December 23, 2020, 04:27:30 AM »
I finally made the call to sell a piece of vacation property I had in the mountains and was underutilized (and not a candidate for rental). Ended up having a very easy transaction selling to a neighbor using a RE attorney. Had the money in an investment account within 24 hours of clearing escrow. While I did have a lot of personal investment in the property, it feels like a weight has been lifted off my shoulders not having to maintain it and having it sit idle.

Nice job.  It feels so good to simplify.  And now all those little green workers are on the job for you!

dougules

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Re: Celebrations Thread
« Reply #2182 on: December 26, 2020, 07:17:23 PM »
Holy Fuck!  We're millionaires.

Congrats! That's seriously amazing. I can't wait to say that myself (though that is a long way off for us).

We just hit $2M net worth.  I can't believe how fast it went. 

Alternatepriorities

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Re: Celebrations Thread
« Reply #2183 on: December 26, 2020, 08:16:22 PM »
Holy Fuck!  We're millionaires.

Congrats! That's seriously amazing. I can't wait to say that myself (though that is a long way off for us).

We just hit $2M net worth.  I can't believe how fast it went.

The first million really is the hardest part... congratulations and thanks for the encouragement!
« Last Edit: December 26, 2020, 09:58:19 PM by Alternatepriorities »

dougules

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Re: Celebrations Thread
« Reply #2184 on: December 27, 2020, 11:07:01 PM »
Holy Fuck!  We're millionaires.

Congrats! That's seriously amazing. I can't wait to say that myself (though that is a long way off for us).

We just hit $2M net worth.  I can't believe how fast it went.

The first million really is the hardest part... congratulations and thanks for the encouragement!

I just wish I could get to see the look on friends' and coworkers' faces if I said that.  Just getting to $1M net worth is unfathomable to some of them, less yet $2M.

Huffduf41

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Re: Celebrations Thread
« Reply #2185 on: December 30, 2020, 07:15:32 AM »


Crazy how much easier the second one was....

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Re: Celebrations Thread
« Reply #2186 on: December 31, 2020, 04:25:15 PM »
I too am now a multimillionaire.  I knew I would be in time for a few years now and figured it was a 2021 thing with no market correction, but wow, holy moly.

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Re: Celebrations Thread
« Reply #2187 on: January 04, 2021, 01:42:45 PM »
I'm a millionaire!

I know most people say it's no big deal, but I swear I have tears of joy and I'm just so grateful to be where I am.  I'm a lucky, lucky person.

Disclaimer - I am old, especially for this site.  I'm 51.  I calculate my net worth quarterly, and just crossed over with the last check in.

I'm so grateful because I truly feel like I've had some challenges.  My Mom had a stroke when I was 26.  She was only 52.  And my siblings and I supported her for the next 20 years through ever more complex living arrangements - starting at assisted living and graduating to a full scale nursing home.  Yeah, that shit's not cheap.  But, you deal with the life you have, I guess, and she had as good a 20 years as you can have in those circumstances.

10 years ago I had a pair of twins, and I've always been the sole parent.  Their birth coincided with the stock market downturn and with childcare costs, I had to reduce my 401k contributions down to just 5%.  I still regret that one.  Really regret it.  But, I try to shovel as much as I can in now.

I'm fairly spendy, due mostly to time constraints I think.  I don't shop at a grocery store unless it is between work and home.  I spend money on pre chopped mirepoix, rather than chopping myself, again to save time, yada, yada.

I'm at about 22% home equity, the rest retirement type savings.  Unfortunately, I don't see myself being able to retire until my house is paid off.  I've got 8.5 more years to go.  I live in a fairly HCOL area and my 1080 squares costs me just over $3000 a month for PITI.  I work in a dying industry and I hope to ride this train til the end, but it's possible we won't make it for those 8.5 years.  If that happens, I'll explore moving to a LCOL area and calling it a day, healthcare willing.

Well, now I'm a two-millionaire!  I calculate quarterly, just passed over for the Jan 1st check up.  So, that took about 3.5 years.  Home equity sits at 23%.  Still need a clear path to continuous health care to retire, but still super excited and still in awe about where I am.

dougules

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Re: Celebrations Thread
« Reply #2188 on: January 04, 2021, 02:23:26 PM »
Congrats!  We seem to be right on about the same schedule. (And millionaire in your 50s is by no means at all old)

taco_sushi

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Re: Celebrations Thread
« Reply #2189 on: January 04, 2021, 10:39:37 PM »
This time last year we were at $760k. 6 months ago, we hit the two comma club. Now at $1.3M Net Worth. :) Hitting the two comma club was less dramatic because I wasnít sure if it would get wiped out by the market. 1.3M NW is an incredible feeling at 37.

Thanks to this community support, Iíve been reading quietly for a while. :)   

Next goal is to reconfigure my assets so its more liquid investment, continue my side hustle that I started in 2020, save another 450k in investable assets to FIRE (or sell our 2 rental properties).

 

Scubanewbie

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Re: Celebrations Thread
« Reply #2190 on: January 12, 2021, 07:39:16 PM »
Hit two commas invested and $1.5m net worth!  I only calc it annually so maybe up or down since then but finished 2020 over the threshold and hoping the next one in a few years to FI.

dougules

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Re: Celebrations Thread
« Reply #2191 on: January 13, 2021, 02:49:13 PM »
Hit two commas invested and $1.5m net worth!  I only calc it annually so maybe up or down since then but finished 2020 over the threshold and hoping the next one in a few years to FI.

Welcome to the club!

Glenstache

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Re: Celebrations Thread
« Reply #2192 on: January 14, 2021, 12:31:43 PM »
Side note: It is amusing to have spam targeting earning as much as $5 online in a thread with multiple people celebrating the 2 comma club.

Alternatepriorities

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Re: Celebrations Thread
« Reply #2193 on: January 14, 2021, 12:59:40 PM »
Side note: It is amusing to have spam targeting earning as much as $5 online in a thread with multiple people celebrating the 2 comma club.
Yeah, I won't even open a new credit card for less than $250 these days...

Also, I love how they play conversion games in a money app just like so many of the actual games. Nothing says "legitimate way to make money" like obscuring the value of of the production...  /end snark