Author Topic: Race from 500k to 1M!  (Read 783670 times)

lcmac32

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Re: Race from 500k to 1M!
« Reply #4050 on: October 31, 2024, 12:15:58 PM »
@wealthviahealth -  Awesome to see your big increases in income and what you have done with it.  I just made a similar income jump.  I hope I can replicate your success. 

@Samuel - Congrats!! You will be on to the next race soon.  Even if markets do the other thing, you have made incredible strides.

I bet both of you completed the race this month.  Congrats!!!

lcmac32

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Re: Race from 500k to 1M!
« Reply #4051 on: October 31, 2024, 12:25:25 PM »
One day early than usual:

Beginning of each year:

2020 $250,000.00

2023 $326,467.26

2024 $457,421.34
 
  Mar $450,987.00
  Apr $464,436.35
  May $445,752.58
  Jun $480,821.29
  Jul  $504,148.64
  Aug $516,889.81
  Sep $531,577.22
  Oct $550,895.41 (+$19,318.19 and +3.6%, respectively.  What is crazier I am actually down 2%ish today ~$10,000.00) 

No complaints though as I am up almost $100k since March which is unreal, and I am grateful.  Prepping the mindset that the market can do what it does either direction.


midweststache

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Re: Race from 500k to 1M!
« Reply #4052 on: October 31, 2024, 12:47:26 PM »
6/24 - $514K INV / $731K TNW
7/31 - $520K INV / $733K TNW
8/29 - $533K INV / $762K TNW
10/1 - $556K INV / $786K TNW

10/31 - $568 INV / $805K TNW

This doesn't reflect today's market drop, so I imagine November's numbers will be a moderate loss, even with anticipated contributions.

FrugalByChance

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Re: Race from 500k to 1M!
« Reply #4053 on: November 01, 2024, 02:14:30 AM »
As I'm living and getting payed in the Netherlands, all my numbers are in EUR.
Only counting my "Early Retirement stash". So this does not include my emergency-fund, pension capital, or payed-off residence. These are the "end of the month" numbers:
see race spreadsheet
Month      Early Retirement Stash   (growth=diff with prev. month deposits=money added) 
Jan 2016  €  58 971.00
Jan 2017  €  86 368.00
Jan 2018  € 119 817.00
Jan 2019  € 145 840.48
...
Dec 2019  € 195 798.72   (growth:  € 6 723.04 deposits: € 3 600.00)  Totals for 2019: growth:  € 60 523.78 (=44.70%) Deposits: € 22 925.00 Returns: € 37 598.78 (=20.38%)
Dec 2020  € 269 374.68   (growth:  € 7 253.18 deposits: € 4 590.75)  Totals for 2020: growth:  € 73 452.27 (=37,49%) Deposits: € 52 186.18 Returns: € 21 266.09 (=8,74%)
Dec 2021  € 443 925.59   (growth:  €12 951.94 deposits: € 7 300.00)  Totals for 2021: growth:  €174 550.91 (=64,80%) Deposits: € 90 523.89 (= 33,61%) Returns: € 84 027.02 (= 31,19%)
Dec 2022  € 446 645.24   (growth: -€17 687.12 deposits: € 3 000.00)  Totals for 2022: growth:  €  2 719.65 (= 0,61%) Deposits: € 73 620.00 (= 16,58%) Returns:-€ 70.900,35 (=-13,70%)
Dec 2023  € 595 043.58   (growth:  €25 957.89 deposits: € 5 700.00)  Totals for 2023: growth:  €148 398.34 (=33.23%) Deposits: € 58 148,00 (= 13.02%) Returns: € 90 250.34 (= 17.88%)
Jan 2024  € 615 265.56   (growth:  €20 221.98 deposits: € 2 000.00)
Feb 2024  € 633 452.21   (growth:  €18 186.65 deposits: € 2 000.00)
Mar 2024  € 666 105.60   (growth:  €32 653.39 deposits: €12 000.00)
Apr 2024  € 660 639.27   (growth: -€ 5 466.33 deposits: € 2 000.00)
May 2024  € 671 823.49   (growth:  €11 184.22 deposits: € 2 000.00)
Jun 2024  € 722 757.12   (growth:  €50 933.63 deposits: €31 000.00)
Jul 2024  € 717 552.68   (growth: -€ 5 204.44 deposits: €31 000.00)
Aug 2024  € 744 699.39   (growth:  €27 146.71 deposits: €     0.00)
Sep 2024  € 760 510.72   (growth:  €15 811.33 deposits: € 1 000.00)



Oct 2024  € 763 854.69   (growth:  € 3 343.97 deposits: €     0.00)

SpareChange

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Re: Race from 500k to 1M!
« Reply #4054 on: November 01, 2024, 07:03:34 AM »
EOY    Networth (US$)   
2011    -50k           
2012    -41k           
2013    -10k           
2014     33,726       
2015     90,497       
2016     146,590     
2017     224,985
2018     282,015
2019     381,913...downshifted to halftime in the fall.
2020     495,309
2021     591,399
2022     585,889...started including the value of my PTO bank
2023     738,911

October update:$877,331. Down $15,611.

tjrssibelle

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Re: Race from 500k to 1M!
« Reply #4055 on: November 01, 2024, 07:53:28 AM »
Investments only;

Dec 2016: $129.04k
Dec 2017: $196.66k
Dec 2018: $227.08k
Dec 2019: $339.51k
Dec 2020: $448.30k
Dec 2021: $579.50k

Jan 2022: $555.08k
Feb 2022: $547.93k
Mar 2022: $568.83k
Apr 2022: $526.18k
May 2022: $533.30k
Jun 2022: $500.42k
Jul 2022 : $533.30k
Aug 2022: $517.60k
Dec 2022: $521.43k

Jan 2023: $562.03k
Feb 2023: $549.90k
May 2023: $571.35k
Jun 2023: $601.64k
Jul 2023: $622.09k
Aug 2023: $607.46k
Sep 2023: $580.53k
Oct 2023: $568.72k
Nov 2023: $622.08k
Dec 2023: $659.79k

Jan 2024: $663.00k
Feb 2024: $684.06k
Mar 2024: $703.63k
Apr 2024: $680.60k
May 2024: $709.20k
Jun 2024: $715.69k
Jul 2024: $736.42k
Aug 2024: $755.17k
Sep 2024: $771.85k
Oct 2024: $754.49k

Sent from my SM-S908U using Tapatalk


LightStache

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Re: Race from 500k to 1M!
« Reply #4056 on: November 01, 2024, 07:57:54 AM »
                       2021                2022                2023                2024               
January$517,231$587,701$684,648$700,831
February$523,109$602,997$718,097$724,428
March$528,981$601,258$681,798$742,016
April$534,853$642,611$665,681$787,834
May$540,725$624,923$675,664$768,338
June$533,040$641,064$665,389$747,958
July$542,290$621,053$687,534$744,746
August$541,486$661,845$690,801$736,029
September$540,080$654,924$684,056$730,351
October$551,000$632,154$647,913$724,404
November$566,816$677,840$622,387$721,701
December$582,631$712,049$667,567

Now on month seven of decreasing NW despite stock indices at all time highs. I do have some contract earnings that aren't booked yet and that would result in a m/m increase. I'm feeling like a terrible investor ATM, but I'm trying to keep a long view and stay the course.

PlanetDee

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Re: Race from 500k to 1M!
« Reply #4057 on: November 01, 2024, 08:05:20 AM »
Investments Only:
12/1/23 - $513k
1/1/24 - $546k
2/1/24 - $558k
3/1/24 - $581k
4/1/24 - $596k
5/1/24 - $569k
6/1/24 - $603k
7/1/24 - $625k
8/1/24 - $641k
9/1/24 - $656k
10/2/24 - $672k
11/1/24 - $679k

Progress is progress! Adding up after yesterday doesn’t feel very nice, but still very happy with how we’re doing.

Em-Dog

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Re: Race from 500k to 1M!
« Reply #4058 on: November 01, 2024, 10:52:19 AM »
Getting to count the last day of October in my numbers, so slightly down from last update. But we will stay the course!
Also just found out I'm pregnant with baby #2, so I'm excited for this chapter and it's been nice being a bit less frugal lately and just sort of enjoying our current baby (and eating out more bc we're exhausted), we'll get back to adding big savings soon enough.


                                 2018                2019                2020                2021                2022                2023                2024                2025               
January     $11,592$19,461$52,636$117,964$307,781$369,828$655,833-
February$12,414$28,144$48,605$129,160$322,118$407,633$733,959-
March$12,259$23,011$45,431$135,298$352,170$478,568$761,406-
April$13,641$25,628$50,763$183,963$329,584$486,929$738,626-
May$16,646$24,273$55,517$213,448$337,156$490,587$774,475-
June$16,625$27,726$58,784$247,758$316,192$523,455$794,387-
July$17,057$31,358$63,678$259,587$349,011$556,274$811,261-
August$17,375$30,624$69,345$274,737$344,052$584,557$826,882-
September$17,380$41,343$69,043$269,876$313,714$569,039$845,699-
October$16,044$43,732$69,866$294,685$342,157$566,124$842,068-
November$16,332$46,935$95,120$294,439$364,093$609,465--
December$16,589$51,547$118,877$313,367$346,313$637,152-$1mm Goal
   
Annual Gain$6,671$34,958$67,330$194,490$32,946$290,839$204,917-
Contributions$8,100$30,491$53,064$199,837$102,311$188,477$97,583-
Returns($1,429)$4,467$14,266($5,383)($69,365)$102,362$107,334-



oneday

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Re: Race from 500k to 1M!
« Reply #4059 on: November 02, 2024, 12:43:48 AM »
Investments only

                       2021                2022                2023                2024                2025               
January$326K$491K$516K$682K-
February$345K$487K$508K$707K-
March$362K$509K$527K$734K-
April$383K$474K$542K$712K-
May$385K$481K$546K$749K-
June$393K$447K$586K$776K-
July$451K$488K$625K$794K-
August$467K$476K$617K$817K-
September$447K$438K$592K$835K-
October$480K$475K$583K$830K-
November$494K$505K$625K--
December$515K$480K$657K--

https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit#gid=1302523503

solon

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Re: Race from 500k to 1M!
« Reply #4060 on: November 02, 2024, 07:53:02 AM »
                       2021                2022                2023                2024               
January$517,231$587,701$684,648$700,831
February$523,109$602,997$718,097$724,428
March$528,981$601,258$681,798$742,016
April$534,853$642,611$665,681$787,834
May$540,725$624,923$675,664$768,338
June$533,040$641,064$665,389$747,958
July$542,290$621,053$687,534$744,746
August$541,486$661,845$690,801$736,029
September$540,080$654,924$684,056$730,351
October$551,000$632,154$647,913$724,404
November$566,816$677,840$622,387$721,701
December$582,631$712,049$667,567

Now on month seven of decreasing NW despite stock indices at all time highs. I do have some contract earnings that aren't booked yet and that would result in a m/m increase. I'm feeling like a terrible investor ATM, but I'm trying to keep a long view and stay the course.

It sounds like you're already aware, but you should be invested in VTSAX/VTI only, adding to it with every paycheck, and never touching it. If you do that, you'll see networth largely tracking the S&P 500, which over the last 7 months has done well.

LightStache

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Re: Race from 500k to 1M!
« Reply #4061 on: November 03, 2024, 08:05:52 AM »
                       2021                2022                2023                2024               
January$517,231$587,701$684,648$700,831
February$523,109$602,997$718,097$724,428
March$528,981$601,258$681,798$742,016
April$534,853$642,611$665,681$787,834
May$540,725$624,923$675,664$768,338
June$533,040$641,064$665,389$747,958
July$542,290$621,053$687,534$744,746
August$541,486$661,845$690,801$736,029
September$540,080$654,924$684,056$730,351
October$551,000$632,154$647,913$724,404
November$566,816$677,840$622,387$721,701
December$582,631$712,049$667,567

Now on month seven of decreasing NW despite stock indices at all time highs. I do have some contract earnings that aren't booked yet and that would result in a m/m increase. I'm feeling like a terrible investor ATM, but I'm trying to keep a long view and stay the course.

It sounds like you're already aware, but you should be invested in VTSAX/VTI only, adding to it with every paycheck, and never touching it. If you do that, you'll see networth largely tracking the S&P 500, which over the last 7 months has done well.

Oh yes I've been following MMM for a decade or so, but I've fallen off the bandwagon in many ways.

Sugaree

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Re: Race from 500k to 1M!
« Reply #4062 on: November 04, 2024, 04:42:59 AM »
Net Worth2019202020212022202320242025     
January          $49,378.04          $90,928.02        $161,747.01     $229,977.41     $232,928.16$456,779.55
February$50,300.10$93,896.81$162,883.32$217,510.91$346,856.21$464,225.21$        -         
March$59,373.49$100,165.23$173,923.10$220,602.56$347,275.46$490,348.72$        -         
April$59,558.47$94,297.23$183,031.09$226,302.77$358,270.55$511,559.42$        -         
May$64,340.45$106,341.84$186,124.71$216,297.22$363,790.59$495,807.30$        -         
June$64,940.28$113,372.31$189,866.01$210,792.90$370,890.90$520,779.05$        -         
July$70,156.02$120,466.05$194,364.35$206,546.54$400,232.03$537,875.61$        -         
August$74,302.64$127,953.51$197,286.96 $224,774.07$417,598.48$543,382.41$        -         
September$74,328.43$135,625.59$205,953.08$217,814.80$413,256.55 $557,843.02$        -         
October$78,067.76$137,857.32$201,884.29$206,617.66$400,848.50$567,940.38$        -         
November$81,274.16$136,857.08$215,701.01$220,532.58$392,181.17$569,674.11$        -         
December$88,148.59$152,706.85$217,143.43$241,204.92 $435,305.59$        -         $        -         
   
Annual gain$41,549.98$70,818.99$68,230.40$2,950.75$223,851.39$        -         $        -         



solon

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Re: Race from 500k to 1M!
« Reply #4063 on: November 05, 2024, 12:00:14 PM »
2018               2019               2020               2021               2022               2023               2024               2025               
January132,155177,349282,110344,002562,144566,920658,932-
February138,015188,332290,845360,553550,651603,222685,235-
March138,469187,634288,022367,222545,172612,629696,088-
April148,093197,461257,224387,064575,922616,858701,387-
May158,814194,010276,627398,896547,618618,599700,298-
June161,284186,414299,563407,230541,730644,443717,760-
July160,446196,934304,249418,701527,166660,703749,312-
August168,222267,535318,456520,045577,017656,843745,673-
September184,158268,153324,661527,305561,402658,526763,390-
October189,536271,542317,511520,004545,003647,666964,899$1M!
November184,146283,636323,958552,965554,486632,663943,042-
December182,675287,248341,124542,337581,821658,487--


Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #4064 on: November 05, 2024, 08:12:03 PM »
Apr 5 2019: $523,606 -> crossed 500k threshold
May 6 2019: $536,891
Jun 6 2019: $528,014
Jul 10 2019: $569,181
Aug 5 2019: $547,229
Sep 5 2019: $569,689 
Oct 5 2019: $579,502 
Nov 5 2019: $602,772   
Dec 5 2019: $607,806
Jan 5 2020: $634,119 
Feb 5 2020: $642,031
Mar 5 2020: $619,455
Apr 5 2020: $525,283
May 5 2020: $587,254 
June 5 2020: $654,920
July 5 2020: $650,510
Aug 5 2020: $685,038
Sept 5 2020: $704,156
Oct 5 2020: $706,274
Nov 5 2020: $733,378
Dec 5 2020: $812,902
Jan 5 2021: $829,260
Feb 5 2021: $865,479
Mar 5 2021: $862,635
Apr 5 2021: $902,462
Jun 6 2021: $954,561
Jul 5 2021: $958,034
Aug 5 2021: $968,721
Sept 5 2021: $1,002,515   
Oct 6 2021: $971,883
Nov 5 2021: $1,017,020
Dec 5 2021: TNW $977, 498 / Investments $644,114  <-- Bought house
Jan 5 2022: TNW  $974,113 / Investments $680,246
Feb 5 2022: TNW $989,468 / Investments $668,804
Mar 5 2022: TNW $976,348 / Investments $651,576
Apr 5 2022: TNW $1,030,421 / Investments $680,695
May 5 2022: TNW $1,028,363 / Investments $641,593
July 5 2022: TNW $1,039,389 / Investments $601,245
Aug 5 2022: TNW $1,122,143 / Investments $637,929
Sept 5 2022: TNW $1,122,124 /  Investments $613,238
Oct 5 2022: TNW $1,095,655 / Investments $596,262
Nov 5 2022: TNW $1,108,755 / Investments $608,571
Dec 5 2022: TNW $1,208,503  /  Investments $657,325
Jan 5 2023:  TNW $1,194,656  /  Investments $644,832
Feb 5 2023:  TNW $1,236,363  /  Investments $695,406
Mar 5 2023:  TNW $1,227,644  /  Investments $694,838
Apr 5 2023: TNW $1,142,895  /  Investments $694,706
May 5 2023: TNW $1,069,445  /  Investments $705,448
Jun 5 2023:  TNW $1, 106,083  /  Investments $719,253 
Jul 5 2023:  TNW $1,152,477  /  Investments $741,551
Aug 5 2023:  TNW $1,165,448  /  Investments $757,157   
Sept 5 2023:  TNW $1,159,005  /  Investments $748,000
Oct 5 2023:  TNW $1,171,796  /  Investments $715,779
Nov 5 2023:  TNW $1,144,681  /  Investments $726,801
Dec 5 2023:  TNW $1,248,768  /  Investments $781,275
Jan 5 2024:  TNW $1,264,922  /  Investments $815,800
Feb 5 2024:  TNW $1,290,726  /  Investments $827,529
Mar 7 2024:  TNW $1,367,349 / Investments $870,729
Apr 5 2024:  TNW $1,412,520 / Investments $891,329
May 5 2024:  TNW $1,422,098  /  Investments $894,053
July 5 2024:  TNW $1,472,485  /  Investments $943,556
Oct 5 2024:  TNW $1,484,415  /  Investments $988,654

Nov 5 2024:  TNW $1,493,095  /  Investments $981,845 ($6,809)

mountain_air

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Re: Race from 500k to 1M!
« Reply #4065 on: November 06, 2024, 10:53:04 AM »
7/1/18    150,573
8/1/18    155,306
9/1/18    169,777
10/1/18  178,901
11/1/18  179,225
12/1/18  185,066
1/1/19    184,310
2/1/19    196,092
3/1/19    202,431
4/1/19    228,194
5/1/19    242,596
6/1/19    241,727
7/1/19    258,652
8/1/19 -  174,529 (bought a house)
9/1/19 - 192,565
10/1/19 - 259,358
11/1/19 - 273,244
12/1/19 - 302,448
1/1/20 - 301,682
2/1/20 - 304,295
3/1/20 - 306,773
4/1/20 - 285,603
5/1/20 - 312,209
6/1/20 - 335,833
7/1/20 - 347,776
8/1/20 - 362,340
9/1/20 - 368,846
10/1/20 - 370,190
11/1/20 - 386,231
9/1/21 - 504,976
11/1/21 - 511,106
12/1/21 - 509,903
1/1/21 - 509,888
9/1/23 - 622,897
10/1/23 - 632,463
11/1/23 - 640,088
12/1/23 - 660,761
1/1/24 - 675,394
2/1/24 - 682,854
3/1/24 - 715,335
4/1/24 - 734,141
6/1/24 - 739,828
7/1/24 - 741,359
8/1/24 - 732,300
9/1/24 - 733,951
10/1/24 - 742,776
11/1-24 - 773,916

Mustachio Bashio

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Re: Race from 500k to 1M!
« Reply #4066 on: November 07, 2024, 12:01:50 AM »
          2017       2018       2019       2020       2021       2022       2023       
Jan247,829284,697436,741628,125885,152786,622
Feb167,752263,000314,314440,512640,105849,751855,835
Mar177,448254,401331,474429,408690,925825,542836,088
Apr183,917344,390359,683727,407883,591869,323
May189,205267,000357,302409,428757,575743,106883,748
June195,189273,062351,017452,705763,695813,979903,865
July202,048278,308372,466468,792773,915753,416958,880
Aug211,263287,779373,986499,412793,097796,135993,572
Sept215,880298,772377,991541,591834,797793,137982,380
Oct222,924307,200384,914529,969813,817719,312945,442
Nov230,962295,490403,766525,393860,828761,511960,000
Dec238,389298,003415,269600,285858,272816,0121,043,289

The last post I made was in December, 2020 just a couple months after I'd joined this group. Just wanted to track this for myself, but I graduated back at the end of 2023. Today is a sad day in so many ways, but not so much for crypto or the stock market, which put me right at 1.5 mil. It's a bit insane how much growth there's been since the end of 2023. I don't really trust it. Anyway, see you in the next race!

Samuel

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Re: Race from 500k to 1M!
« Reply #4067 on: November 08, 2024, 12:55:49 PM »
Date               NW $
2/21/2016       146112
5/22/2016       165472
1/15/2017       201401
1/20/2018       290491
1/22/2019       318864
5/21/2019       350234
5/22/2020       388342
11/10/2020     480280
4/3/2021         565269
9/8/2021         629295
1/19/2022       643494
7/8/2022         606947
12/22/2022     644866
5/3/2023         704829
7/7/2023         736470
8/30/2023       758099
10/25/2023     728915
12/15/2023     816864
3/1/2024        864806
6/14/24          914676
8/26/24          960527
10/14/24        987466
11/8/24          1018025

And there it is. Done solo with no real estate in a HCOL city. It really does come down to maintaining an aggressive savings rate despite all the temptations and setbacks along the path.

Market willing, you might just be a millionaire at the end of this month!

Yeah, it was actually pretty close. Mixed feelings about it being the Trump bump that put me over the line but it is what it is.

@Samuel exciting place to beeee!!!

Thanks. It's both exciting and terrifying as I now need to get serious about building out a detailed plan for what happens when I hit the full FIRE number. The theoretical (fantastical, even) is rapidly becoming reality.

lcmac32

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Re: Race from 500k to 1M!
« Reply #4068 on: November 08, 2024, 01:57:33 PM »
          2017       2018       2019       2020       2021       2022       2023       
Jan247,829284,697436,741628,125885,152786,622
Feb167,752263,000314,314440,512640,105849,751855,835
Mar177,448254,401331,474429,408690,925825,542836,088
Apr183,917344,390359,683727,407883,591869,323
May189,205267,000357,302409,428757,575743,106883,748
June195,189273,062351,017452,705763,695813,979903,865
July202,048278,308372,466468,792773,915753,416958,880
Aug211,263287,779373,986499,412793,097796,135993,572
Sept215,880298,772377,991541,591834,797793,137982,380
Oct222,924307,200384,914529,969813,817719,312945,442
Nov230,962295,490403,766525,393860,828761,511960,000
Dec238,389298,003415,269600,285858,272816,0121,043,289

The last post I made was in December, 2020 just a couple months after I'd joined this group. Just wanted to track this for myself, but I graduated back at the end of 2023. Today is a sad day in so many ways, but not so much for crypto or the stock market, which put me right at 1.5 mil. It's a bit insane how much growth there's been since the end of 2023. I don't really trust it. Anyway, see you in the next race!

No need to be sad on Nov. 7, 2024.  You are in the top 5%-10% of net worth in the USA.  That is called winning!

TwoCommas

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Re: Race from 500k to 1M!
« Reply #4069 on: November 10, 2024, 08:32:03 AM »
It's been a while since my last update and checkup on progress of everyone here (life is hectic with a 3 year old...I even got interrupted multiple times while drafting this! I hope to read through the four pages I've missed soon).

After a couple months of market ups and downs, we've joined the fortunate ranks of this thread's graduating class and I think it's time to join the next thread! The surreal feeling is still setting in that we're "millionaires" and my user name now checks out.

As a low-post-count contributor, I just want to thank all of those that have shared and continue to share their stories and numbers here. It's great motivation and allows for a 'connection' that we generally don't get to experience with other like-minded people in real life.

Best of luck to all of you!


Investments Only:
2020/07 - $400k
2021/01 - $500k
2021/04 - $550k
2021/07 - $600k
2023/06 - $700k
2023/07 - $750k
2023/12: $800k
2024/02: $850k
2024/03: $900k
2024/05: $950k
2024/07: $1,000,000 for the first time
2024/08: $1,000,000 again

lcmac32

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Re: Race from 500k to 1M!
« Reply #4070 on: November 11, 2024, 10:32:37 AM »
@TwoCommas - Big congratulations!!!  Always good to see another person graduate from this race.  It gives all the rest continued faith that it will be us soon enough. 

TwoCommas

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Re: Race from 500k to 1M!
« Reply #4071 on: November 12, 2024, 04:03:01 PM »
@TwoCommas - Big congratulations!!!  Always good to see another person graduate from this race.  It gives all the rest continued faith that it will be us soon enough.

Thank you! It's definitely just a matter of time for everyone else here putting in the work. Fingers crossed that the market keeps performing well.

lexde

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Re: Race from 500k to 1M!
« Reply #4072 on: November 12, 2024, 07:33:15 PM »

Net Worth by End-of-Year:
2016 (start): ($27,015.16)
2017: $2,474.33
2018: $33,203.90
2019: $68,192.96
2020: $130,715.91
2021: $296,922.14
2022: $400,055.05
Current: $519,129.00

Goals Breakdown
Q4 2023: $540K
Q1 2024: $580K
Q2 2024: $620K
Q3 2024: $660K
Q4 2024: $700K
Q1 2025: $740K
Q2 2025: $780K
Q3 2025: $820K
Q4 2025: $860K
Q1 2026: $900K

Q2 2026: $940K
Q3 2026: $980K
Q4 2026: $1M

November 18, 2023: $580,473.22 as of this morning. Small market upswing plus a fairly large payment from my business deal earlier this year means I hit both my Q4 2023 and Q1 2024 goals well in advance on paper. Some of this will be taken out for taxes, but it’s been a crazy month for progress toward my goals.

December 1, 2023: $603,891.35 as of today's paycheck. Approximately $27K of this is earmarked for taxes, so I'm sitting at around $576K "true" net worth. I've reached out to my CPA to see if I can to do anything before year end to reduce that bill.

January 18, 2024: $601,752.29 as of today. This is the adjusted "true" net worth after taking out the tax account I have earmarked (currently sitting just under $45k). So I'm well on my way to my Q2 goal of $620K early, but I also have a lot of work that needs to be done around the house. I just paid for a bathroom remodel, and have a lot of other work that needs to be done (water penetration issues and remediation). Overall doing well and feeling good about the progress I'm making.

February 12, 2024: Weird mid-month update I guess. $622,698.18 adjusted "true" net worth with earmarked taxes taken out of consideration. Hit Q2 goal already, but I likely won't hang onto it for too long since I still have a LOT of work around the house to get done. I'm hoping to keep the kitchen + flooring + drywall down to ~$25K or so but we'll see. Already $23K in this year between bathroom, re-grading the lawn, and installing gutters and french drains.

March 6, 2024: $628,383.97 for now after bathroom, re-grading lawn, and installing gutters and french drains at the house. Still have more work to do, but just glad NW is still mostly holding through the spending. I'll go ahead and mark my quarterly goal as met, ahead of the curve and still waiting on some disbursements.

April 8, 2024: $704,138.33. Still doesn't really feel real, but I'm going to keep my head down and keep moving forward.

June 4, 2024: $757,837.00. Missed the May update, can't believe it's already June. Hit Q1 2025 goal. I need to adjust my goals but it's hard to keep projecting increases when I'm not really sure when the "gravy train" comes to a halt. I'm keeping my head down, working, investing, and fixing up my damaged house. Not a whole lot else going on.

July 15, 2024: $835,443.55. Got a distribution that was long overdue from my OldBoss. About $30K of this will be going toward home renovations in the next month, I have a lot of damage that needs to be fixed. I feel like there's an end in sight with the home repairs and damage, at least, which is good. I'm about a year ahead of what I projected, but like I said, I still don't know when the rug is getting pulled.

September 3, 2024: $850,387.46. I totally forgot about August apparently with everything that has been going on. Been staying with my brother, and the house is nearly done (hopefully by the end of this week). I ended up doing some additional upgrades/work (all windows and sliding glass doors replaced) so the out of pocket was higher than the $30K originally anticipated, but overall very happy with the progress and still "up" in net worth despite dropping closer to 50-60K on all of the renovations.

September 27, 2024: $875,718.11. I guess the market jumped a bit. I feel like I'm continuing the march. Now that the home repairs are (mostly) done, I'll have some breathing room. I'll need to do the windows in the front unit of my house, but overall the big spending is done. Looking at tying the knot by the end of this year and doing a honeymoon trip in lieu of a wedding, then buckling down for the next chapter.

November 12, 2024: $904,689.05. I forgot to update in October but it was kind of a wash. I’m getting another moderate paycheck on Friday, but I figured I’d rather update now than chance forgetting again. Absolutely absurd, looking at this time last year I am up $324.2K in net worth. Already beat my Q1 2026 goal and may very well soon become a graduate of this thread in the early months of next year.

lcmac32

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Re: Race from 500k to 1M!
« Reply #4073 on: November 14, 2024, 09:03:22 AM »
@lexde - you may well have graduated by EOY.  Way to go!!!  Breaking $900k must feel really nice.  Very nice work.


Vashy

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Re: Race from 500k to 1M!
« Reply #4074 on: November 15, 2024, 03:51:35 AM »
end-2018:  £287,177
end-2019: £385,670
end-2020: £445,311
end-2021: £591,798
end-2022: £633,634
end-2023: £678,624
end-2024: £836,528


I'm closing out the year early - mad firehose of cash contractor job is over and has been very, very good for my finances.

New goal: I'm aiming for £850k-900K by end-2025.
« Last Edit: November 15, 2024, 03:54:33 AM by Vashy »

J.P. MoreGains

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Re: Race from 500k to 1M!
« Reply #4075 on: November 17, 2024, 01:07:00 PM »
Absolutely absurd, looking at this time last year I am up $324.2K in net worth.

Yes, this is awesome! I can only imagine how much a portfolio can make in a strong year once it's near 1 mil.

Congrats this is great.

Tom Bri

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Re: Race from 500k to 1M!
« Reply #4076 on: November 21, 2024, 11:59:04 AM »
In admiration/awe of all you people with spreadsheets. I have a hard time mentally concentrating on money, just not much interest. Earlier this year logging into my various accounts discovered >$800,000. Add in the house value and it's >$1 million!

MMM tactics, a steady if not spectacular job, and regular contributions to investments. Thanks to MMM and some pretty good advice from people here.

oneday

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Re: Race from 500k to 1M!
« Reply #4077 on: November 23, 2024, 02:16:05 PM »
MMM tactics, a steady if not spectacular job, and regular contributions to investments.

Yep, that's the formula! Congrats on 7 figures.

SpareChange

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Re: Race from 500k to 1M!
« Reply #4078 on: November 30, 2024, 08:28:32 AM »

EOY    Networth (US$)   
2011    -50k           
2012    -41k           
2013    -10k           
2014     33,726       
2015     90,497       
2016     146,590     
2017     224,985
2018     282,015
2019     381,913...downshifted to halftime in the fall.
2020     495,309
2021     591,399
2022     585,889...started including the value of my PTO bank
2023     738,911

November update:$907,923. Up $30,592, or 3.49%. Less than 100k from graduation. Crazy.

LightStache

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Re: Race from 500k to 1M!
« Reply #4079 on: November 30, 2024, 09:59:48 AM »
                       2021                2022                2023                2024               
January$517,231$587,701$684,648$700,831
February$523,109$602,997$718,097$724,428
March$528,981$601,258$681,798$742,016
April$534,853$642,611$665,681$787,834
May$540,725$624,923$675,664$768,338
June$533,040$641,064$665,389$747,958
July$542,290$621,053$687,534$744,746
August$541,486$661,845$690,801$736,029
September$540,080$654,924$684,056$730,351
October$551,000$632,154$647,913$724,404
November$566,816$677,840$622,387$721,701
December$582,631$712,049$667,567$851,156

This is not an endorsement of the POTUS-elect, but after the election my investments came roaring back. I also added a month of consulting income earned in October, which nets out to $7,400 after estimated tax liability.

tjrssibelle

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Re: Race from 500k to 1M!
« Reply #4080 on: November 30, 2024, 07:32:16 PM »
Investments only;

Dec 2016: $129.04k
Dec 2017: $196.66k
Dec 2018: $227.08k
Dec 2019: $339.51k
Dec 2020: $448.30k
Dec 2021: $579.50k

Jan 2022: $555.08k
Feb 2022: $547.93k
Mar 2022: $568.83k
Apr 2022: $526.18k
May 2022: $533.30k
Jun 2022: $500.42k
Jul 2022 : $533.30k
Aug 2022: $517.60k
Dec 2022: $521.43k

Jan 2023: $562.03k
Feb 2023: $549.90k
May 2023: $571.35k
Jun 2023: $601.64k
Jul 2023: $622.09k
Aug 2023: $607.46k
Sep 2023: $580.53k
Oct 2023: $568.72k
Nov 2023: $622.08k
Dec 2023: $659.79k

Jan 2024: $663.00k
Feb 2024: $684.06k
Mar 2024: $703.63k
Apr 2024: $680.60k
May 2024: $709.20k
Jun 2024: $715.69k
Jul 2024: $736.42k
Aug 2024: $755.17k
Sep 2024: $771.85k
Oct 2024: $754.49k
Nov 2024: $788.37k

Sent from my SM-S908U using Tapatalk


PlanetDee

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Re: Race from 500k to 1M!
« Reply #4081 on: December 01, 2024, 06:52:07 AM »
Investments Only:
12/1/23 - $513k
1/1/24 - $546k
2/1/24 - $558k
3/1/24 - $581k
4/1/24 - $596k
5/1/24 - $569k
6/1/24 - $603k
7/1/24 - $625k
8/1/24 - $641k
9/1/24 - $656k
10/2/24 - $672k
11/1/24 - $679k
12/1/24 - $721k

We sold about $110k of VTI this month to lock in some gains. We’re thinking about buying some land and building a house over the next couple years so will be holding much more cash in the high yield account. We’ll probably also change our 401k contributions too - the more cash we can save the less we’ll need to finance.

midweststache

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Re: Race from 500k to 1M!
« Reply #4082 on: December 01, 2024, 07:52:52 AM »
6/24 - $514K INV / $731K TNW
7/31 - $520K INV / $733K TNW
8/29 - $533K INV / $762K TNW
10/1 - $556K INV / $786K TNW

10/31 - $568 INV / $805K TNW

This doesn't reflect today's market drop, so I imagine November's numbers will be a moderate loss, even with anticipated contributions.

BLAH HA HA HA HA HA HA HA HA. (This is what I get for assuming anything.)

12/1 - $600K INV / $828K TNW

FrugalByChance

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Re: Race from 500k to 1M!
« Reply #4083 on: December 01, 2024, 12:53:30 PM »
As I'm living and getting payed in the Netherlands, all my numbers are in EUR.
Only counting my "Early Retirement stash". So this does not include my emergency-fund, pension capital, or payed-off residence. These are the "end of the month" numbers:
see race spreadsheet
Month      Early Retirement Stash   (growth=diff with prev. month deposits=money added) 
Jan 2016  €  58 971.00
Jan 2017  €  86 368.00
Jan 2018  € 119 817.00
Jan 2019  € 145 840.48
...
Dec 2019  € 195 798.72   (growth:  € 6 723.04 deposits: € 3 600.00)  Totals for 2019: growth:  € 60 523.78 (=44.70%) Deposits: € 22 925.00 Returns: € 37 598.78 (=20.38%)
Dec 2020  € 269 374.68   (growth:  € 7 253.18 deposits: € 4 590.75)  Totals for 2020: growth:  € 73 452.27 (=37,49%) Deposits: € 52 186.18 Returns: € 21 266.09 (=8,74%)
Dec 2021  € 443 925.59   (growth:  €12 951.94 deposits: € 7 300.00)  Totals for 2021: growth:  €174 550.91 (=64,80%) Deposits: € 90 523.89 (= 33,61%) Returns: € 84 027.02 (= 31,19%)
Dec 2022  € 446 645.24   (growth: -€17 687.12 deposits: € 3 000.00)  Totals for 2022: growth:  €  2 719.65 (= 0,61%) Deposits: € 73 620.00 (= 16,58%) Returns:-€ 70.900,35 (=-13,70%)
Dec 2023  € 595 043.58   (growth:  €25 957.89 deposits: € 5 700.00)  Totals for 2023: growth:  €148 398.34 (=33.23%) Deposits: € 58 148,00 (= 13.02%) Returns: € 90 250.34 (= 17.88%)
Jan 2024  € 615 265.56   (growth:  €20 221.98 deposits: € 2 000.00)
Feb 2024  € 633 452.21   (growth:  €18 186.65 deposits: € 2 000.00)
Mar 2024  € 666 105.60   (growth:  €32 653.39 deposits: €12 000.00)
Apr 2024  € 660 639.27   (growth: -€ 5 466.33 deposits: € 2 000.00)
May 2024  € 671 823.49   (growth:  €11 184.22 deposits: € 2 000.00)
Jun 2024  € 722 757.12   (growth:  €50 933.63 deposits: €31 000.00)
Jul 2024  € 717 552.68   (growth: -€ 5 204.44 deposits: €31 000.00)
Aug 2024  € 744 699.39   (growth:  €27 146.71 deposits: €     0.00)
Sep 2024  € 760 510.72   (growth:  €15 811.33 deposits: € 1 000.00)
Oct 2024  € 763 854.69   (growth:  € 3 343.97 deposits: €     0.00)


nov 2024  € 799 536.09   (growth:  €35 681.40 deposits: € 2 000.00)

So close to 800K, but this is $846 205.01 in USD

oneday

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Re: Race from 500k to 1M!
« Reply #4084 on: December 01, 2024, 03:26:05 PM »
Investments only

                       2021                2022                2023                2024                2025               
January$326K$491K$516K$682K-
February$345K$487K$508K$707K-
March$362K$509K$527K$734K-
April$383K$474K$542K$712K-
May$385K$481K$546K$749K-
June$393K$447K$586K$776K-
July$451K$488K$625K$794K-
August$467K$476K$617K$817K-
September$447K$438K$592K$835K-
October$480K$475K$583K$830K-
November$494K$505K$625K$880K-
December$515K$480K$657K--

https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit#gid=1302523503

Sugaree

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Re: Race from 500k to 1M!
« Reply #4085 on: December 02, 2024, 04:25:49 AM »
Net Worth2019202020212022202320242025     
January          $49,378.04          $90,928.02        $161,747.01     $229,977.41     $232,928.16$456,779.55
February$50,300.10$93,896.81$162,883.32$217,510.91$346,856.21$464,225.21$        -         
March$59,373.49$100,165.23$173,923.10$220,602.56$347,275.46$490,348.72$        -         
April$59,558.47$94,297.23$183,031.09$226,302.77$358,270.55$511,559.42$        -         
May$64,340.45$106,341.84$186,124.71$216,297.22$363,790.59$495,807.30$        -         
June$64,940.28$113,372.31$189,866.01$210,792.90$370,890.90$520,779.05$        -         
July$70,156.02$120,466.05$194,364.35$206,546.54$400,232.03$537,875.61$        -         
August$74,302.64$127,953.51$197,286.96 $224,774.07$417,598.48$543,382.41$        -         
September$74,328.43$135,625.59$205,953.08$217,814.80$413,256.55 $557,843.02$        -         
October$78,067.76$137,857.32$201,884.29$206,617.66$400,848.50$567,940.38$        -         
November$81,274.16$136,857.08$215,701.01$220,532.58$392,181.17$569,674.11$        -         
December$88,148.59$152,706.85$217,143.43$241,204.92 $435,305.59$610,177.29$        -         
   
Annual gain$41,549.98$70,818.99$68,230.40$2,950.75$223,851.39$        -         $        -         

mountain_air

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  • Posts: 36
Re: Race from 500k to 1M!
« Reply #4086 on: December 02, 2024, 10:52:25 AM »
7/1/18    150,573
8/1/18    155,306
9/1/18    169,777
10/1/18  178,901
11/1/18  179,225
12/1/18  185,066
1/1/19    184,310
2/1/19    196,092
3/1/19    202,431
4/1/19    228,194
5/1/19    242,596
6/1/19    241,727
7/1/19    258,652
8/1/19 -  174,529 (bought a house)
9/1/19 - 192,565
10/1/19 - 259,358
11/1/19 - 273,244
12/1/19 - 302,448
1/1/20 - 301,682
2/1/20 - 304,295
3/1/20 - 306,773
4/1/20 - 285,603
5/1/20 - 312,209
6/1/20 - 335,833
7/1/20 - 347,776
8/1/20 - 362,340
9/1/20 - 368,846
10/1/20 - 370,190
11/1/20 - 386,231
9/1/21 - 504,976
11/1/21 - 511,106
12/1/21 - 509,903
1/1/21 - 509,888
9/1/23 - 622,897
10/1/23 - 632,463
11/1/23 - 640,088
12/1/23 - 660,761
1/1/24 - 675,394
2/1/24 - 682,854
3/1/24 - 715,335
4/1/24 - 734,141
6/1/24 - 739,828
7/1/24 - 741,359
8/1/24 - 732,300
9/1/24 - 733,951
10/1/24 - 742,776
11/1/24 - 773,916
12/1/24 - 818,622

Stretch goal for this year is 850k, which seemed pretty impossible in Q1, but now it seems very possible. Onward and upward!

lcmac32

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Re: Race from 500k to 1M!
« Reply #4087 on: December 02, 2024, 12:04:46 PM »
Retirement investments only counted for this race.

Beginning of each year:

2020 $250,000.00

2023 $326,467.26

2024 $457,421.34
 
  Mar $450,987.00
  Apr $464,436.35
  May $445,752.58
  Jun $480,821.29
  Jul  $504,148.64
  Aug $516,889.81
  Sep $531,577.22
  Oct $550,895.41
  Nov $606,057.25  No complaints here.  Grateful for the progress.
« Last Edit: December 03, 2024, 12:27:06 PM by lcmac32 »

SeattleStache

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Re: Race from 500k to 1M!
« Reply #4088 on: December 02, 2024, 06:12:11 PM »
The first number is retirement related investments and the second includes cash savings, real estate, and other investments. I'm focused on retirement savings only for this race.

December 2019: $292,062 (total NW $423,991)
December 2020: $398,408 (total NW $572,704)
December 2021: $506,167 (total NW $665,639)
December 2022: $459,000 (total NW $627,689)
December 2023: $614,548 (total NW $795,006)
January 2024: $624,946 (total NW $803,234)
February 2024: $649,964 (total NW $831,943)
March 2024: $675,855 (total NW $873,701)
April 2024: $665,844 (total NW $865,819)
May 2024: $684,319 (total NW $876,112)
June 2024: $706,512 (total NW $893,783)
July 2024: $722,195 (total NW $906,796)
August 2024: $734,494 (total NW $920,495)
September 2024: $767,438 (total NW $959,839)
October 2024: $777,036 (total NW $969,744)
November 2024: $798,647 (total NW $991,406)

Em-Dog

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Re: Race from 500k to 1M!
« Reply #4089 on: December 03, 2024, 02:28:31 PM »
Moving solidly in the right direction!


                                 2018                2019                2020                2021                2022                2023                2024                2025               
January     $11,592$19,461$52,636$117,964$307,781$369,828$655,833-
February$12,414$28,144$48,605$129,160$322,118$407,633$733,959-
March$12,259$23,011$45,431$135,298$352,170$478,568$761,406-
April$13,641$25,628$50,763$183,963$329,584$486,929$738,626-
May$16,646$24,273$55,517$213,448$337,156$490,587$774,475-
June$16,625$27,726$58,784$247,758$316,192$523,455$794,387-
July$17,057$31,358$63,678$259,587$349,011$556,274$811,261-
August$17,375$30,624$69,345$274,737$344,052$584,557$826,882-
September$17,380$41,343$69,043$269,876$313,714$569,039$845,699-
October$16,044$43,732$69,866$294,685$342,157$566,124$842,068-
November$16,332$46,935$95,120$294,439$364,093$609,465$889,584-
December$16,589$51,547$118,877$313,367$346,313$637,152-$1mm Goal
   



RWD

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Re: Race from 500k to 1M!
« Reply #4090 on: December 03, 2024, 02:40:56 PM »
Moving solidly in the right direction!
You're crushing it!

falsekrakk808

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Re: Race from 500k to 1M!
« Reply #4091 on: December 03, 2024, 03:20:35 PM »
2016               2017               2018               2019               2020               2021               2022               2023               2024               2025               
January???134,982152,827166,462242,541354,718433,211478,011619,370$850k Goal
February???139,867155,407177,792257,924382,044453,226486,395656,262-
March111,557141,453152,342193,722227,560382,355467,849504,628675,686-
April125,553???155,305210,318256,005411,837470,161524,209647,810-
May132,778137,778160,431205,538278,157418,700468,507516,858676,276-
June???125,010162,239199,039282,777442,429460,137549,320733,090-
July???129,077170,289198,372304,381440,202475,590579,766737,984-
August???130,256175,906206,279312,578455,378483,706584,181770,803-
September???136,658178,198212,786295,744448,555449,474584,162782,677-
October121,823137,913164,888220,513286,661474,585470,090560,381790,382-
November126,048143,556165,777233,155331,046477,744481,824607,383828,858-
December131,174146,827154,154239,998361,661481,002461,547635,230--

Original goal was to reach $750k by January 2025 but that goal was reached a few months ago. So I set a new goal of $850k by January 2025 which is crazy to think how close I am to reaching that! Still heading in the right direction.

WatOfGelderland

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Re: Race from 500k to 1M!
« Reply #4092 on: December 03, 2024, 08:19:12 PM »
Date        Net Worth
Dec 2016           $62,800
Dec 2017           $156,981     *Found MMM
Dec 2018           $195,900
Dec 2019           $305,547
Dec 2020           $450,150
Dec 2021           $600,911
Dec 2022           $626,300
Dec 2023           $776,765
Dec 2024           $1,032,175

I've been a regular reader here since 2017.  I am so unbelievable grateful for this community and all of your contributions.  I owe a massive debt of gratitude to this community with helping me get unstuck (financially, mentally, professionally) and out of the scarcity mindset I was stuck in for a long time after being reset to essentially 0 in the aftermath of 2008.  Keep on being awesome!!   

SpareChange

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Re: Race from 500k to 1M!
« Reply #4093 on: Today at 08:24:53 AM »
Date        Net Worth
Dec 2016           $62,800
Dec 2017           $156,981     *Found MMM
Dec 2018           $195,900
Dec 2019           $305,547
Dec 2020           $450,150
Dec 2021           $600,911
Dec 2022           $626,300
Dec 2023           $776,765
Dec 2024           $1,032,175

I've been a regular reader here since 2017.  I am so unbelievable grateful for this community and all of your contributions.  I owe a massive debt of gratitude to this community with helping me get unstuck (financially, mentally, professionally) and out of the scarcity mindset I was stuck in for a long time after being reset to essentially 0 in the aftermath of 2008.  Keep on being awesome!!   

Now that's one hell of a first post! Congrats!

lcmac32

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  • Posts: 208
Re: Race from 500k to 1M!
« Reply #4094 on: Today at 08:37:12 AM »
Date        Net Worth
Dec 2016           $62,800
Dec 2017           $156,981     *Found MMM
Dec 2018           $195,900
Dec 2019           $305,547
Dec 2020           $450,150
Dec 2021           $600,911
Dec 2022           $626,300
Dec 2023           $776,765
Dec 2024           $1,032,175

I've been a regular reader here since 2017.  I am so unbelievable grateful for this community and all of your contributions.  I owe a massive debt of gratitude to this community with helping me get unstuck (financially, mentally, professionally) and out of the scarcity mindset I was stuck in for a long time after being reset to essentially 0 in the aftermath of 2008.  Keep on being awesome!!   

Now that's one hell of a first post! Congrats!

I am sure there are hundreds of others just like @WatOfGelderland out there silently putting in the work.  Very impressive work indeed!  Congrats....hope to see you post again before you hit $10 million!!! :-)

 

Wow, a phone plan for fifteen bucks!