Author Topic: Race from $1M to $2M  (Read 443150 times)

pamplemusique

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Re: Race from $1M to $2M
« Reply #1900 on: March 04, 2022, 05:07:18 PM »
Excited to join this race!

Quotes below are from the $500k to $1M race.

Excited to close out this race with the close of the year!
Apr ‘21: $932k
May ‘21: $913k
Jun ‘21: $921k
Jul ‘21: $947k
Aug ‘21: $964k
Sep ‘21: $950k
Oct ‘21: $987k
Nov ‘21: $1,003k
Dec ‘21: $1,010k

Totals are liquid NW on Mint, excludes primary residence.
Since my last post I changed jobs within my company and find the new job to be much less of a miserable slog. I’m feeling good about finding balance with my work while building up the stash.

Checking back in after bonus & RSU vesting. Hopefully I’m solidly in this race now but who knows what will happen.

Jan ‘22: $946k
Feb ‘22: $1,005k (RSU vesting)
Today: $1,088k

Hopefully I’m buying in at a discount. I can’t bring myself to perfectly lump sum the bonus into this turbulence so I’m dropping it in over the rest of March, balancing the logic of time in the market with the emotional reality of loss aversion. At least once it’s all in I can go back to not paying attention to the market.

Feeling really ready for a sabbatical but doing my best to make it through at least one more bonus cycle. I’m still mid thirties so I have a lot more time to add to the stash before retiring forever, even after a break, but these could be peak earnings & accumulation years. Taking a few days off for spring break in FL next week, trying to create balance without out right quitting for now.

pamplemusique

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Re: Race from $1M to $2M
« Reply #1901 on: March 04, 2022, 05:16:09 PM »
Wow, weird to see that quote back and realize only 2 months ago I thought work was “better.” Even “better” in a corporate mid-senior leadership context just sucks, no matter how you slice it.

I have so many projects I want to do for fun and adventures I want to go on. Work really gets in the way of that.

MrsSpendyPants

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Re: Race from $1M to $2M
« Reply #1902 on: March 08, 2022, 08:02:48 PM »
Down from $1,736,566 in January to under 1.6MM today.  I'm continuing to invest as usual but it's definitely no fun seeing the fall occurring.

marty998

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Re: Race from $1M to $2M
« Reply #1903 on: March 21, 2022, 05:48:25 AM »
I'm just about to graduate from this thread in a few days time. It's bonus week at work, and once the money hits the account I'll tick over the $2m line.

First crossed $1m in mid 2017 (age 31), and here we are 5 years later at 36 passing 2.

I think when I first posted here in 2012 I said I could be done with $800k and a paid off house but inflation / cost of living has other ideas (even in a low inflation environment that we've had for the last 10 years).

One thing I've learned is you cannot set in stone a plan and then leave it forever - you need to revise, tinker, update as your circumstances change. BUT my little secret to success is sticking to a formula that will work over a long period of time. I never chased fads, and totally ignored crap like crypto, meme stocks, and the like. You don't want to be having to change tack every 6-12 months.

Boring ETF stocks and property - buy, hold, repeat.

thanks all - those who were here a decade ago and those who are here now for all your words of wisdom.
« Last Edit: March 21, 2022, 05:50:11 AM by marty998 »

pamplemusique

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Re: Race from $1M to $2M
« Reply #1904 on: March 21, 2022, 03:51:18 PM »
Thanks for the parting wisdom, Marty998! Enjoy the caviar in the next race!

marty998

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Re: Race from $1M to $2M
« Reply #1905 on: March 22, 2022, 05:11:42 AM »
Thanks for the parting wisdom, Marty998! Enjoy the caviar in the next race!

Caviar lol. If there was some of that then I'd never have gotten this far haha

Rife

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Re: Race from $1M to $2M
« Reply #1906 on: March 23, 2022, 11:56:50 AM »
First joined this race a year ago when we passed 1 million liquid net worth. Started with less than 100k ten years ago.

Currently at 1.188 Liquid/ 2.1 total. We have been getting a lot of calls from realtors lately as the average selling price here jumped about 20% since last fall. Basing this off of liquid but we will likely sell and move when we retire.

Ladychips

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Re: Race from $1M to $2M
« Reply #1907 on: March 30, 2022, 12:33:49 PM »
12/17 - $473,407     $697,411
12/18 - $480,550     $732,108
12/19 - $669,819     $943,739
12/20 - $868,659     $1,159,159
12/21 - $1,097,677  $1,494,954

01/22 - $1,048,207   $1,362,781
02/22 - $1,009,070   $1,328,149

03/22 - $1,033,870    $1,354,254

Well, I panicked.  I just couldn't stop myself.  I didn't change anything about our investments, but I did stop making withdrawals.  We can live on our pensions, social security, and rentals.  But withdrawals makes it more comfortable, and I was 'saving up' for a new-to-me vehicle.  But the decreases in our portfolio were killing me so we stopped the withdrawals.  We'll see how it goes for 6 months or so.  I'm not going to go without or anything crazy like that.  And will likely take out a lump sum at the end of the year (depending on how things are going).  But for now, I'm breathing a little easier (although I am also beating myself up for being afraid).  We're just too early in the game to be foolish, especially when it's not necessary.


OurTown

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Re: Race from $1M to $2M
« Reply #1908 on: March 31, 2022, 04:58:34 AM »
Total Net Worth (in thousands)

April 2021 = $1,004
May 2021 = $1,070
June 2021 = $1,054
July 2021 = $1,070
August 2021 = $1,088
September 2021 = $1,104
October 2021 = $1,083
November 2021 = $1,116
December 2021 = $1,117

January 2022 = $1,140
February 2022 = $1,080
March 2022 = $1,110
April 2022 = $1,125

Zamboni

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Re: Race from $1M to $2M
« Reply #1909 on: March 31, 2022, 10:58:39 PM »
                     LNW           TNW
Nov 2019     $1.02MM     $1.18MM
Dec 2019     $1.02MM     $1.24MM
Jan 2020      $1.11MM     $1.27MM
Apr 2020      $1.01MM     $1.18MM     & happy to be alive!
July 2020     $1.06MM     $1.23MM     (+$50K)   
Aug 2020     $1.11MM    $1.28MM     (+$50K)   
Sep 2020     $1.15MM    $1.33MM     (+$50K)
Oct 2020      $1.17MM    $1.36MM     (+$30K)
Nov 2020     $1.22MM     $1.51MM    (+$50K)
Dec 2020     $1.26MM     $1.55MM    (+$40K)
Jan 2021     $1.28MM     $1.56MM     (+$10K)
Feb 2021     $1.30MM     $1.58MM     (+$20K)
Aug 2021     $1.42MM     $1.79MM     (+$120K)
Sept 2021    $1.42MM     $1.79MM     (+$0)
Oct 2021      $1.49MM     $1.88MM     (+$70K)
Dec 2021     $1.52MM     $1.92MM     (+$30K)
Mar 2022     $1.52MM     $1.97MM     (+$0K)  Life could be worse, that's for sure. ;-)

Meh. The widening gap between our LNW and TNW makes me wonder how anyone around this town will be able to afford buying a home at this rate.

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1910 on: April 01, 2022, 05:53:19 AM »
01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800
04/01/2022 - $1,113,000

BiggerFishToFI

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Re: Race from $1M to $2M
« Reply #1911 on: April 01, 2022, 08:52:36 AM »
Decided to start tracking quarterly this year, and pay less attention to my accounts than normal. I've been tracking monthly for nearly 5 years, and as we're nearing our FI number want to start taking a longer term look at things.

Glad to be treading water this quarter

Month   Invested   Networth   
04/30/17   $67,858   $125,786   <---- Discovered MMM / LBYM
09/30/17   $100,416   $168,105   <---- 100k Invested
01/31/19   $251,061   $311,711   <---- 250k Invested
06/30/20   $501,158   $573,100   <---- 500k Invested
10/31/21   $1,000,117   $1,191,167   <---- 1M Invested
11/30/21   $992,058   $1,164,338   
12/31/21   $1,080,047   $1,267,082   
03/31/22   $1,079,907   $1,261,231   
« Last Edit: April 01, 2022, 09:09:48 AM by BiggerFishToFI »

3Mer

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Re: Race from $1M to $2M
« Reply #1912 on: April 01, 2022, 09:28:44 AM »
Month End Updates

Liquid assets / Net worth

YE 2017  $392.7K / $484.9K
YE 2018  $476.8K / $554K
YE 2019   $621.3K / $703.1K
YE 2020   $804.3K / $889.2K
YE 2021  $964.7K / $1055.9K
Jan 2022   $931.1K / $1023.3K
Feb 2022  $913.1K / $1005.3K
Mar 2022  $943.2K / $1036.4K

UnleashHell

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Re: Race from $1M to $2M
« Reply #1913 on: April 01, 2022, 10:07:34 AM »

Nov-17 - 300k

May-18  - 375k
July -18 - 400k
Dec-18 - 345K

Mar-19 - 415K
Jun-19 nw 444K - liquid -514K
Sep-19 nw 450K liquid 527K
dec-19 nw  490k liquid 575k 


mar-20 nw 374 liquid 455
Jun-20 nw 468 liquid 541
Sep-20 nw 612 liquid 573
Dec-20 nw  737 liquid 679

Mar-21 nw 848 liquid 761
jun-21 nw 943 liquid 821
Sep-21 nw 1,009 liquid 818
Dec-21 nw 1,066 liquid 863

Jan-22 nw 1,032 liquid 829
Mar-22 nw 1,058 liquid 817

turketron

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Re: Race from $1M to $2M
« Reply #1914 on: April 01, 2022, 10:30:06 AM »
2015              2016              2017              2018              2019              2020              2021              2022             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51$1,008,596.87
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06$780,137.13$954,587.38
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78$815,764.71$949,999.72
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88$999,856.70
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92$874,326.67
Jun$112k$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37$878,873.50
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67$907,568.86
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19$923,408.92
Sept $116k$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25$950,899.02
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62$907,416.93
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06$963,453.56
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82$964,037.88

I feel like this is within the margin of error, right? Rounding up, I'm definitely back to $1 million!

SEAK

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Re: Race from $1M to $2M
« Reply #1915 on: April 01, 2022, 10:34:39 AM »
LNW took a dip but we are on pace to max out our IRAs, 457bs, and continuing to build time in towards our pensions. 2022 has been off to a rocky start for us as our 12 year old daughter had a mental health crisis that didn't allow my wife to work for almost two months. But spring is coming and better days are ahead!

LNW
2015- $482k
2016- $627k
2017- $811k
2018- $813k
2019- $1.08M
2020- $1.35M
2021- $1.68M
Apr 2022- $1.603M + $128k in kiddos 529 and brokerage accounts

Arbitrage

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Re: Race from $1M to $2M
« Reply #1916 on: April 01, 2022, 01:15:56 PM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
1/1/19: $765k / 1.152M
1/1/20: $1.049M / 1.531M
1/1/21: $1.370M / 1.883M
4/1/21: $1.434M / 2.010M
7/1/21: $1.510M / 2.124M
10/1/21: $1.884M / 2.076M
1/1/22: $1.972M / 2.252M
2/1/22: $1.916M / 2.207M
3/1/22: $1.900M / 2.189M
4/1/22: $1.915M / 2.220M

thedigitalone

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Re: Race from $1M to $2M
« Reply #1917 on: April 01, 2022, 02:46:52 PM »
                LNW         TNW   
12/2019    $0.96M     $1.43M
12/2020    $1.39M     $1.91M
12/2021  $1.86M    $2.68M

04/2022    $1.81M      $2.84M

LNW is still down from the January drop, TNW is increasing due to the insane housing market, still plugging away at it!

TempusFugit

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Re: Race from $1M to $2M
« Reply #1918 on: April 01, 2022, 04:02:29 PM »
                 LNW    /  TNW
EOY 2018 -  877K  / 1.02M
EOY 2019 - 1.12M / 1.275M
EOY 2020 - 1.33M / 1.5M
EQ1 2021 - 1.39M / 1.59M
EQ2 2021 - 1.50M / 1.70M
EQ3 2021 - 1.53M / 1.73M
EOY 2021 - 1.65M / 1.85M
EQ1 2022 - 1.58M / 1.79M   

ok down a little bit doesn't seem so bad until we consider every dollar is worth about 10% less this year compared to last...  ick.

But, perspective.  We're all still here and most of us aren't in an active war zone. It could be oh so much worse.  And might still get there. 

When I experience sticker shock at the gas pump at least I can think fond thoughts of my big pile of stash.  I feel for the folks who are less fortunate and don't have the slack in their budgets to handle everything being so much more expensive. 

I also give a little stink eye to all those people who thought it was such a great idea to hand out all that free money over the past couple of years, as though there would be no down side.  But I'm sure everyone has learned that lesson now and they won't -   ok LOL I can't even finish typing that.  We know better. 

on the road

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Re: Race from $1M to $2M
« Reply #1919 on: April 02, 2022, 07:57:37 AM »
I am moving on to the next thread after 23 months. I found MMM about 11 years ago. I don’t have great records from that time, but I doubt I had more than $100K invested. It took roughly 9 years from there to the first million and then 2 years for the second million thanks to big increases in income in recent years and a white hot stock market. MMM was a big help to me in getting here. Happy travels to all on the journey.

Liquid net worth

      2020       2021       2022
Jan              $1,428K    $1,979K
Feb     $984K    $1,463K    $1,967K
Mar     $883K    $1,501K    $1,991K
Apr     $721K    $1,720K    $2,111K
May   $1,092K    $1,793K
Jun              $1,828K
Jul              $1,841K
Aug   $1,217K    $1,860K
Sep   $1,260K    $1,906K
Oct   $1,265K    $1,866K
Nov   $1,253K    $1,951K
Dec   $1,375K    $1,911K

RWD

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Re: Race from $1M to $2M
« Reply #1920 on: April 02, 2022, 10:39:21 AM »
10/1/2020 - 0.96m
1/1/2021 - 1.08m
4/1/2021 - 1.17m
7/1/2021 - 1.25m
10/1/2021 - 1.26m
1/1/2022 - 1.34m
4/1/2022 - 1.31m

Sometimes the number goes down...

JGS1980

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Re: Race from $1M to $2M
« Reply #1921 on: April 02, 2022, 12:03:07 PM »
Quarterly Update:

July-18     $704,760.25 (+54,904)
Oct-18      $768,090.42 (+63,330)
Jan-19      $761,423.60 (-06,666 for the quarter, +144,285 for the year)
April-19    $865,799.27 (+104,376)
July-19     $930,912.06 (+65,112)
Oct-19     $958,784.74 (+27,872)
Jan-20     $1,094,606 (+135,821 for the quarter, +333,183 for the year)
April-20   $931,456 (-163,150 for the quarter)
July-20    $1,128,599 (+197,143)
Oct-20     $1,233,581 (+104,981) *Milestone reached -over 1 million in liquid investments.
Jan-21     $1,468,865 (+235,284 for the quarter, +374,258 for the year))
April-21   $1,594,119 (+125,254)
July-21    $1,714,855 (+120,736)
Oct-21     $1,729,455 (+14,599) *Milestone reached -over 1.5 million in liquid investments.
Jan-22     $1,920,469 (+191,014 for the quarter, +451,604 for the year)
April-22   $1,864,657 (-$55,812)

JGS

ingrownstudentloans

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Re: Race from $1M to $2M
« Reply #1922 on: April 02, 2022, 05:07:02 PM »
(tracking retirement accounts, taxable accounts and conservative equity in my rental properties, investment land and side businesses)

12/2014    $32,000
12/2016    $64,000 (24 months)
1/2018      $128,000 (25 months)
5/2019      $256,000 (16 months)
11/2020  $512,000 (19 months)
12/2021 $1,024,000 (13 months)
[7/2023 $2,048,000 (18 months)] **TARGET**
--
12/1/2021   $1,068,696.90
1/1/2022     $1,186,159.54
2/1/2022     $1,693,246.96
3/1/2022     $1,883,442.79 - don't get the bonus until end of this month, so will graduate then barring any unforeseen issues.  Short run here and don't see if going as quickly for the next one...though that would be cool.
4/1/2022     $2,336,219 - bonus came in.  Quick race.  See you in the next one

soulpatchmike

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Re: Race from $1M to $2M
« Reply #1923 on: April 04, 2022, 03:33:56 PM »
Starting this new race today.  Took about 40 months to get here and hoping this tour will take about the same.

4/2022 - $1.03M

Weisass

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Re: Race from $1M to $2M
« Reply #1924 on: April 08, 2022, 09:47:50 AM »
I haven't checked my NW for a bit, so I thought perhaps I ought to update here. We moved up to this challenge in October, and while things were a little rocky there at the turn of the year, I haven't changed a thing. Just continuing to plug along.

     Date       |Net Worth   |  Investments 
          | -----------  |  ----------- 
   01/01/20   |  $760,565| $456,284
   05/01/20   |  $728,683| $406,811
   09/01/20   |  $ 735,846 | $503,064
   12/28/20   |  $813,604 | $564,111
   06/05/21 |  $947,322| $688,955
   08/04/21 |  $975,000| $709,657
   10/28/21| $1,007,900| $746,053
   04/08/21|  $1,165,299|  $714,316




mizzourah2006

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Re: Race from $1M to $2M
« Reply #1925 on: April 08, 2022, 09:51:52 AM »
Liquid NW:
Jan. 2016: $181.7k
Jan. 2017: $249.5k
Jan. 2018: $377.3k
Jan. 2019: $499.2k
Jan. 2020: $710.5k

This year:
Jan. 2021: $1,055.8k
Feb. 2021: $1,082.5k
Mar. 2021: $1,166k
April 2021: $1,236k
May 2021: $1,244k
June 2021: $1,303k
July 2021: $1,311k
August 2021: $1,298k
September 2021: 1,270k
October 2021: 1,288k
November 2021: 1,293k
December 2021: 1,312k
January 2022: 1,278k
February 2022: $1,289k
March 2022: $1,342.6k
« Last Edit: April 08, 2022, 10:27:46 AM by mizzourah2006 »

YoungGranny

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Re: Race from $1M to $2M
« Reply #1926 on: April 08, 2022, 11:04:29 AM »



NW (approx):

12/2020: $1,000k
Q121: $1,045k
Q221: $1,106k 
Q321: $1,111k
Q421: $1,168k


Q122: $1,169k - welp the Q1 market conditions were down so NW is down. We actually had a strong Q1 though - front loaded both IRAs and I got a nice bonus so shoved $12k in our taxable account. It'll go up again and we have more shares now so that's good :)

talltexan

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Re: Race from $1M to $2M
« Reply #1927 on: April 08, 2022, 02:21:29 PM »
2015              2016              2017              2018              2019              2020              2021              2022             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51$1,008,596.87
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06$780,137.13$954,587.38
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78$815,764.71$949,999.72
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88$999,856.70
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92$874,326.67
Jun$112k$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37$878,873.50
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67$907,568.86
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19$923,408.92
Sept $116k$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25$950,899.02
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62$907,416.93
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06$963,453.56
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82$964,037.88

I feel like this is within the margin of error, right? Rounding up, I'm definitely back to $1 million!

You have anything in the house you can sell to a neighbor for $15?

leighb

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Re: Race from $1M to $2M
« Reply #1928 on: April 10, 2022, 10:29:47 AM »

NW minus Primary
2014:512K   2015:467K   2016:514K   2017:632K   2018:697K   2019:915K   2020:1052K
2021: 1.33M

1/22: 1.39M
2/22: 1.35M
3/22: 1.32M
4/22: 1.35M

I'm starting to sell my rental houses. My goal is to sell one or two each year when they become vacant. Then I will put that money somewhere less stressful. In 2020 I sold one for a small loss. In 2021 I sold one for a profit of 30K. This month I'm putting another on the market and should make 50K in profit. As a group they've made good money over the years and make sense to continue to hold. However, I'm fine making decisions that are not purely financial. They stress me out so they can go.

OurTown

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Re: Race from $1M to $2M
« Reply #1929 on: April 30, 2022, 04:51:25 AM »
Total Net Worth (in thousands)

April 2021 = $1,004
May 2021 = $1,070
June 2021 = $1,054
July 2021 = $1,070
August 2021 = $1,088
September 2021 = $1,104
October 2021 = $1,083
November 2021 = $1,116
December 2021 = $1,117

January 2022 = $1,140
February 2022 = $1,080
March 2022 = $1,110
April 2022 = $1,125
May 2022 = $1,080

3Mer

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Re: Race from $1M to $2M
« Reply #1930 on: April 30, 2022, 07:52:08 AM »
Month End Updates

LNW / TNW

YE 2017   $392.7K / $484.9K
YE 2018   $476.8K / $554K
YE 2019   $621.3K / $703.1K
YE 2020   $804.3K / $889.2K
YE 2021   $964.7K / $1055.9K
Jan 2022  $931.1K / $1023.3K
Feb 2022  $913.1K / $1005.3K
Mar 2022  $943.2K / $1036.4K
Apr 2022  $890.7K / $1034.4K



2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1931 on: May 01, 2022, 05:38:28 AM »
01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800
04/01/2022 - $1,113,000
05/01/2022 - $1,155,000

Our only saving grace this month was an abnormally high/lumpy income.

Arbitrage

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Re: Race from $1M to $2M
« Reply #1932 on: May 01, 2022, 10:53:14 AM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
1/1/19: $765k / 1.152M
1/1/20: $1.049M / 1.531M
1/1/21: $1.370M / 1.883M
4/1/21: $1.434M / 2.010M
7/1/21: $1.510M / 2.124M
10/1/21: $1.884M / 2.076M
1/1/22: $1.972M / 2.252M
2/1/22: $1.916M / 2.207M
3/1/22: $1.900M / 2.189M
4/1/22: $1.915M / 2.220M
5/1/22: $1.806M / 2.134M

Mmm, mmm, that medicine tastes good.

on the road

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Re: Race from $1M to $2M
« Reply #1933 on: May 02, 2022, 09:12:02 AM »
Oof...

Liquid net worth

      2020       2021       2022
Jan              $1,428K    $1,979K
Feb     $984K    $1,463K    $1,967K
Mar     $883K    $1,501K    $1,991K
Apr     $721K    $1,720K    $2,111K
May   $1,092K    $1,793K    $1,906K
Jun              $1,828K
Jul              $1,841K
Aug   $1,217K    $1,860K
Sep   $1,260K    $1,906K
Oct   $1,265K    $1,866K
Nov   $1,253K    $1,951K
Dec   $1,375K    $1,911K


2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1934 on: May 02, 2022, 09:55:26 AM »

talltexan

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Re: Race from $1M to $2M
« Reply #1935 on: May 02, 2022, 12:13:41 PM »
It's interesting seeing not only the declines for 2022 (which I totally expected), but also the jumps for 2021q1 (which totally weren't what I expected).

thedigitalone

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Re: Race from $1M to $2M
« Reply #1936 on: May 02, 2022, 12:26:42 PM »
                LNW         TNW   
12/2019    $0.96M     $1.43M
12/2020    $1.39M     $1.91M
12/2021  $1.86M    $2.68M

01/2022    $1.86M      $3.17M
04/2022    $1.81M      $2.84M
05/2022    $1.69M      $3.06M

Investments are significantly down YTD, house value is soaring, not the trend I wanted to see. 
We've been taking advantage of the IBonds to shelter some cash but are now maxed out so need to find another safe haven...


Turtle

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Re: Race from $1M to $2M
« Reply #1937 on: May 02, 2022, 01:33:12 PM »
According to today's mail, an inherited amount has now put my LNW into this thread.  I'd been waiting until the official confirmation arrived to make the jump over.  Though I do have to say that it feels weird to be jumping forward and sliding back at the same time.


turketron

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Re: Race from $1M to $2M
« Reply #1938 on: May 03, 2022, 07:48:19 AM »
2015              2016              2017              2018              2019              2020              2021              2022             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51$1,008,596.87
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06$780,137.13$954,587.38
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78$815,764.71$949,999.72
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88$999,856.70
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92$874,326.67$928,584.50
Jun$112k$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37$878,873.50
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67$907,568.86
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19$923,408.92
Sept $116k$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25$950,899.02
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62$907,416.93
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06$963,453.56
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82$964,037.88

dandarc

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Re: Race from $1M to $2M
« Reply #1939 on: May 03, 2022, 03:40:09 PM »
Date          TotalNW   Stache Only
Nov 12 2020 - 1.001M    0.953M
Jan 01 2021 - 1.061M    1.026M
Feb 01 2021 - 1.061M    1.023M
Mar 05 2021 - 1.081M    1.048M
Apr 02 2021 - 1.139M    1.099M
May 02 2021 - 1.173M    1.132M
Jun 01 2021 - 1.193M    1.147M
Jul 01 2021 - 1.218M    1.173M
Aug 13 2021 - 1.231M    1.201M
Sep 01 2021 - 1.251M    1.220M
Oct 04 2021 - 1.211M    1.185M
Oct 31 2021 - 1.261M    1.232M
Dec 31 2021 - 1.279M    1.246M
Feb 01 2022 - 1.185M    1.185M
Mar 01 2022 - 1.188M    1.159M
Mar 31 2022 - 1.213M    1.189M
May 03 2022 - 1.129M    1.088M
Stache Highwater mark: November 9 2021 - 1.282M Total, 1.261M Stache

Apparently have missed several months updating this thread. Streamlined our processes so I have been good about updating the spreadsheet at least so I can fill in the gap. I guess $100K down in just about 1 month should be taken as an indicator we're rich?

Ladychips

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Re: Race from $1M to $2M
« Reply #1940 on: May 03, 2022, 04:36:06 PM »
. I guess $100K down in just about 1 month should be taken as an indicator we're rich?

Now THAT'S a positive spin!!  I like it!!

Turtle

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Re: Race from $1M to $2M
« Reply #1941 on: May 10, 2022, 04:06:50 PM »
Just got the other inherited 401k statement as of the end of April, so I put the numbers together and my new baseline comes to:

April 2022:  1.5 invested / 1.9 TNW

I knew we'd crossed over into double commas together, but I had no idea by how much.  Might very well have been in the and beyond thread temporarily, but will just keep plugging away at least for the remainder of the year.

mizzourah2006

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Re: Race from $1M to $2M
« Reply #1942 on: May 24, 2022, 01:45:11 PM »
Liquid NW:
Jan. 2016: $181.7k
Jan. 2017: $249.5k
Jan. 2018: $377.3k
Jan. 2019: $499.2k
Jan. 2020: $710.5k

This year:
Jan. 2021: $1,055.8k
Feb. 2021: $1,082.5k
Mar. 2021: $1,166k
April 2021: $1,236k
May 2021: $1,244k
June 2021: $1,303k
July 2021: $1,311k
August 2021: $1,298k
September 2021: 1,270k
October 2021: 1,288k
November 2021: 1,293k
December 2021: 1,312k
January 2022: 1,278k
February 2022: $1,289k
March 2022: $1,342.6k
April 2022: $1,239.3k

Didn't realize I forgot to update for April, going backwards.......even further backwards for May at this point, lol. Good thing I chose this year to also set goals and track what I'm actually saving. Although it feels like spitting into the wind at this point.  But looking at this helps me realize that I really only lost a year's worth of investments, although if I factor in that I've invested probably another $100-$150k in that time frame it's back about ~18 months in time.


OurTown

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Re: Race from $1M to $2M
« Reply #1943 on: May 28, 2022, 04:55:38 AM »
Total Net Worth (in thousands)

April 2021 = $1,004
May 2021 = $1,070
June 2021 = $1,054
July 2021 = $1,070
August 2021 = $1,088
September 2021 = $1,104
October 2021 = $1,083
November 2021 = $1,116
December 2021 = $1,117

January 2022 = $1,140
February 2022 = $1,080
March 2022 = $1,110
April 2022 = $1,125
May 2022 = $1,080
June 2022 = $1,089

TempusFugit

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Re: Race from $1M to $2M
« Reply #1944 on: May 30, 2022, 12:29:03 PM »
I moved to a quarterly update cadence last year and I find it's less stressful during down market times such as the one we're currently experiencing. 

However, I couldn't help myself and I checked balances a couple of weeks ago when the S&P was just over 3900 (-18.2% YTD at that time).  I was actually pleasantly surprised.  I was (and am) down quite a lot of money but the stash is still holding up pretty well. 

Perspective matters, of course.  With the other problems in the world right now, seeing that my wealth is down a couple hundred grand is not such a big deal emotionally.  I'm grateful that the war in Europe has so far not exploded into a direct conflict with nuclear weapons or that the power grid in the US hasn't been attacked (at least not successfully).  We in this thread can afford to view money related issues as second level concerns (or third level) and we should be grateful for that.

This inflation stuff is getting out of control though.  I'm generally pretty blasé about things like gas prices and food prices because I'm not on a budget in any meaningful sense and it doesn't really affect me. So when even I stare at the gas pump in disbelief after filling the car, I know it's really starting to impact other people.

Arbitrage

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Re: Race from $1M to $2M
« Reply #1945 on: May 31, 2022, 02:54:47 PM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
1/1/19: $765k / 1.152M
1/1/20: $1.049M / 1.531M
1/1/21: $1.370M / 1.883M
4/1/21: $1.434M / 2.010M
7/1/21: $1.510M / 2.124M
10/1/21: $1.884M / 2.076M
1/1/22: $1.972M / 2.252M
2/1/22: $1.916M / 2.207M
3/1/22: $1.900M / 2.189M
4/1/22: $1.915M / 2.220M
5/1/22: $1.806M / 2.134M
6/1/22: $1.827M / 2.164M

on the road

  • 5 O'Clock Shadow
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Re: Race from $1M to $2M
« Reply #1946 on: May 31, 2022, 03:46:08 PM »


Liquid net worth

      2020       2021       2022
Jan              $1,428K    $1,979K
Feb     $984K    $1,463K    $1,967K
Mar     $883K    $1,501K    $1,991K
Apr     $721K    $1,720K    $2,111K
May   $1,092K    $1,793K    $1,906K
Jun              $1,828K    $1,918K
Jul              $1,841K
Aug   $1,217K    $1,860K
Sep   $1,260K    $1,906K
Oct   $1,265K    $1,866K
Nov   $1,253K    $1,951K
Dec   $1,375K    $1,911K

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1947 on: May 31, 2022, 04:40:32 PM »
01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800
04/01/2022 - $1,113,000
05/01/2022 - $1,155,000
06/01/2022 - $1,204,900

thedigitalone

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Re: Race from $1M to $2M
« Reply #1948 on: May 31, 2022, 05:11:50 PM »
                LNW         TNW   
12/2019    $0.96M     $1.43M
12/2020    $1.39M     $1.91M
12/2021  $1.86M    $2.68M

01/2022    $1.86M      $3.17M
04/2022    $1.81M      $2.84M
05/2022    $1.69M      $3.06M
06/2022    $1.65M      $2.98M

Still dropping for us, not as fast as before at least.

3Mer

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Re: Race from $1M to $2M
« Reply #1949 on: June 01, 2022, 08:33:13 AM »
Month End Updates

LNW / TNW

YE 2017   $392.7K / $484.9K
YE 2018   $476.8K / $554K
YE 2019   $621.3K / $703.1K
YE 2020   $804.3K / $889.2K
YE 2021   $964.7K / $1055.9K
Jan 2022  $931.1K / $1023.3K
Feb 2022  $913.1K / $1005.3K
Mar 2022  $943.2K / $1036.4K
Apr 2022  $890.7K / $1034.4K  (updated home value - still using figure significantly less than current actual value)
May 2022  $900.9K / $1044.7K