Author Topic: 37k October  (Read 2375 times)

Siobhan

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37k October
« on: November 03, 2014, 12:49:47 PM »
We just recently started tracking our net worth since we found out about the FIRE concept in May/June, we've been savers, but never trackers, which is a kind of crazy juxtaposed insanity that I blame on being fairly young.  We just had a 37k increase in net worth from September 30 to Oct 31st.  I had to triple check that one, that's what I made in my first JOB out of college.  Part bonus added to funds, part invest able assets, part principle on the homes.   This was a holy crap...this idea maybe CAN work out moment.  I'm just wondering what was everyone else's ah ha?   

forummm

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Re: 37k October
« Reply #1 on: November 03, 2014, 01:24:07 PM »
That's cool. Don't get too focused on the small picture--sometimes you can lose that much in a day if the market goes down. I think my "aha" moment was reading the ERE blog and learning the simple math of early retirement and that it was possible to have insanely low cost of living.

Siobhan

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Re: 37k October
« Reply #2 on: November 03, 2014, 01:27:33 PM »
Yea I don't doubt it can lose that much, but I don't really think of them as losses until I actually sell something, maybe it's a weird mental double standard.  In 08/09 we dropped 125k in a few months and for some reason that didn't phase us.

Ricky

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Re: 37k October
« Reply #3 on: November 03, 2014, 01:47:51 PM »
Yea I don't doubt it can lose that much, but I don't really think of them as losses until I actually sell something, maybe it's a weird mental double standard.  In 08/09 we dropped 125k in a few months and for some reason that didn't phase us.
Conversely, they aren't really gains until you realize (sell) them either.

Siobhan

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Re: 37k October
« Reply #4 on: November 03, 2014, 04:49:37 PM »
We took a bunch in some of the individual stocks that skyrocketed so we can move to indexes.