Author Topic: Race from $1M to $2M  (Read 534307 times)

BlueHouse

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Re: Race from $1M to $2M
« Reply #1100 on: February 20, 2020, 07:58:00 AM »
02/20/2020   $2.003M

I'm moving on to the next tier of the race.  See you all there soon!

It may be a bit premature to leave us just yet.  Personally I don't consider myself as part of the next group until my balances stay above the threshold for at least a couple months, or reach maybe 5% above the threshold.

I'm just sayin'...it's better to be a little conservative than to come back here tomorrow with your tail between your legs.  :D

I don't plan on coming back for minor swings in the market...  If I need to transfer money out of checking and "live lean" for a few months, I'll do it.  If I have to sell something, I'll do it.  I consider myself pretty conservative already so I'm not sticking around here for months when I can get more motivation out of staying in the new club.   

On the other hand, if there's a BIG correction that I can't cover with other means, I'll probably just lay low for a bit and wait for a recovery.  But if THAT takes months, then I'll be the one with my tail between my legs.  :) 

couponvan

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Re: Race from $1M to $2M
« Reply #1101 on: February 20, 2020, 02:27:03 PM »
@BlueHouse congratulations!!! That deluxe apartment in the sky is getting closer. Moving on up! Lol-for this group it’s more like the MCOL house and time off, but I  glad to see you getting to the next level on the FIRE journey.

Bateaux

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Re: Race from $1M to $2M
« Reply #1102 on: February 20, 2020, 05:10:08 PM »
GRADUATION DAY FOR ME!

Dec 2015      $0.867M
Dec 2016      $1.069M
Dec 2017      $1.442M
Dec 2018      $1.338M (I took out $150K for other purposes)
Dec 2019      $1.773M
01/23/2020   $1.911M
02/14/2020   $1.999M
02/20/2020   $2.003M

I'm moving on to the next tier of the race.  See you all there soon!

The claw, it moves. He has been chosen.   He is going on to a better place. 

trashtalk

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Re: Race from $1M to $2M
« Reply #1103 on: February 20, 2020, 05:54:13 PM »
GRADUATION DAY FOR ME!

Dec 2015      $0.867M
Dec 2016      $1.069M
Dec 2017      $1.442M
Dec 2018      $1.338M (I took out $150K for other purposes)
Dec 2019      $1.773M
01/23/2020   $1.911M
02/14/2020   $1.999M
02/20/2020   $2.003M

I'm moving on to the next tier of the race.  See you all there soon!

The claw, it moves. He has been chosen.   He is going on to a better place.

HA

BlueHouse

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Re: Race from $1M to $2M
« Reply #1104 on: February 21, 2020, 07:39:56 AM »
@BlueHouse congratulations!!! That deluxe apartment in the sky is getting closer. Moving on up! Lol-for this group it’s more like the MCOL house and time off, but I  glad to see you getting to the next level on the FIRE journey.

Actually, I already have the deluxe apartment in the sky and if I would get rid of it, then I'd be done with the accumulation phase.  I'm just not ready to leave it yet and I haven't quite figured out why yet.  :( 

But thanks for the thought!

Bird In Hand

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Re: Race from $1M to $2M
« Reply #1105 on: February 21, 2020, 09:01:14 AM »
Actually, I already have the deluxe apartment in the sky and if I would get rid of it, then I'd be done with the accumulation phase.  I'm just not ready to leave it yet and I haven't quite figured out why yet.  :( 

Heyyyyyy!  Welcome back BlueHouse.  Did yesterday's market action drag you down to our level again?  :D

BlueHouse

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Re: Race from $1M to $2M
« Reply #1106 on: February 21, 2020, 09:41:28 AM »
Actually, I already have the deluxe apartment in the sky and if I would get rid of it, then I'd be done with the accumulation phase.  I'm just not ready to leave it yet and I haven't quite figured out why yet.  :( 

Heyyyyyy!  Welcome back BlueHouse.  Did yesterday's market action drag you down to our level again?  :D
Hahaha.  Almost!  It looked like it dragged me down, but 401k deposit hit my account yesterday (or maybe the prior day). So nope, I'm still hanging on to that other membership by a hair.  Actually by 851 hairs.


brooklynmoney

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Re: Race from $1M to $2M
« Reply #1107 on: February 22, 2020, 02:01:18 PM »
@BlueHouse i hope we never see you around these parts again! Congrats! I’m 150Gs behind you.

BlueHouse

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Re: Race from $1M to $2M
« Reply #1108 on: February 24, 2020, 07:53:13 AM »
@BlueHouse i hope we never see you around these parts again! Congrats! I’m 150Gs behind you.
I'm back.  :( 
I'm going to stop looking until the end of the month.  The "breaking news" alert on the WaPo website is making me think about timing the market.  So I'm going to try to tune out for a while.


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MishMash

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Re: Race from $1M to $2M
« Reply #1109 on: February 24, 2020, 09:26:11 AM »
well, if you think positively about it, you are still up for the year probably.  We are up about 3% even with the market correction recently.    And once you have those kind of numbers you realize that's 60k, in two months, or more than most peoples yearly salaries.  At least that's what I tell myself after seeing money evaporate on a down month ;-)

Bird In Hand

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Re: Race from $1M to $2M
« Reply #1110 on: February 24, 2020, 10:53:39 AM »
I'm back.  :(

Must...resist...snarky...impulses...

But this is the kind of thing I was talking about.   Barely crossing into the next threshold by a couple tenths of a percent or whatever isn't permanent enough for me, not when a relatively common ~3% drop can put you $60k below that threshold in a single day.

However, as @MishMash points out, how awesome is it that a 3% change means $60k???  Well, it hurts a little on the way down, but will feel amazing on the way back up.  Plus you're still buying so even the downward blips have a silver lining.

You're near the very top of this exclusive club, on the verge of joining an even more exclusive club.  Enjoy it!

BlueHouse

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Re: Race from $1M to $2M
« Reply #1111 on: February 25, 2020, 08:39:05 AM »
well, if you think positively about it, you are still up for the year probably.  We are up about 3% even with the market correction recently.    And once you have those kind of numbers you realize that's 60k, in two months, or more than most peoples yearly salaries.  At least that's what I tell myself after seeing money evaporate on a down month ;-)

oh yes, that's a much better spin on it.  Thank you, I'll keep that in mind and try not to panic!


2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1112 on: February 25, 2020, 12:31:18 PM »
Another fun day in the markets. Anyone else back in this thread?

brooklynmoney

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Re: Race from $1M to $2M
« Reply #1113 on: February 25, 2020, 03:29:42 PM »
Welcome back to our recent returnees. Don’t worry we are all still better off than 99.999% of the world most likely.

Bateaux

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Re: Race from $1M to $2M
« Reply #1114 on: February 26, 2020, 06:04:59 AM »
Welcome back to our recent returnees. Don’t worry we are all still better off than 99.999% of the world most likely.


I had to return a time or two, in a week who knows.  But yeah, if you're in this thread you are still doing pretty dang good.  I still read what you guys post, many of you are smarter than me.  Most all of you will move on to the next thread.  It just takes time and persistence.  We'd have to see a 15 to 20 percent correction from the recent highpoint to be under 2M now.  We'll see how it works out.  My OMY is starting to look not so inconvenient at the moment.  A week ago I made some major moves out of equity and into cash and bonds.   So far it looks like a good choice.  I mave have taken a little too much risk out of the portfolio.   We're sitting on nearly a million in bonds and cash right now.  Maybe I'll move a few hundred thousand back to stocks in a few months.  Good luck and good health to you all.


talltexan

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Re: Race from $1M to $2M
« Reply #1115 on: February 26, 2020, 02:04:28 PM »
I typically rebalance first week in Feb. (has to do with timing of my birthday)

I only made modest moves, $1K here or there. My ample bond stake makes me calm during times like this week.

itchyfeet

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Re: Race from $1M to $2M
« Reply #1116 on: February 26, 2020, 07:39:37 PM »
Welcome back to our recent returnees. Don’t worry we are all still better off than 99.999% of the world most likely.


I had to return a time or two, in a week who knows.  But yeah, if you're in this thread you are still doing pretty dang good.  I still read what you guys post, many of you are smarter than me.  Most all of you will move on to the next thread.  It just takes time and persistence.  We'd have to see a 15 to 20 percent correction from the recent highpoint to be under 2M now.  We'll see how it works out.  My OMY is starting to look not so inconvenient at the moment.  A week ago I made some major moves out of equity and into cash and bonds.   So far it looks like a good choice.  I mave have taken a little too much risk out of the portfolio.   We're sitting on nearly a million in bonds and cash right now.  Maybe I'll move a few hundred thousand back to stocks in a few months.  Good luck and good health to you all.

Good work on the timing.

In my case I haven’t seriously considered moving anything out of equities. Ok, yes I do have property so I am not 100% equities, but even if I didn’t have property I would still just be riding this out.

I am still working and will have more cash coming to me. Even though I should FIRE this year I will still have at least almost 1 year of working + 2 subsequent years spending down cash (that I will save this year) before I need to sell any stocks. 3 years is a pretty long time to make the Coronavirus and the 2020 election become old news.....

And if in 3 years we are still in a big hole with equities I will be back working I suspect.

Bateaux

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Re: Race from $1M to $2M
« Reply #1117 on: February 26, 2020, 09:02:20 PM »
Welcome back to our recent returnees. Don’t worry we are all still better off than 99.999% of the world most likely.


I had to return a time or two, in a week who knows.  But yeah, if you're in this thread you are still doing pretty dang good.  I still read what you guys post, many of you are smarter than me.  Most all of you will move on to the next thread.  It just takes time and persistence.  We'd have to see a 15 to 20 percent correction from the recent highpoint to be under 2M now.  We'll see how it works out.  My OMY is starting to look not so inconvenient at the moment.  A week ago I made some major moves out of equity and into cash and bonds.   So far it looks like a good choice.  I mave have taken a little too much risk out of the portfolio.   We're sitting on nearly a million in bonds and cash right now.  Maybe I'll move a few hundred thousand back to stocks in a few months.  Good luck and good health to you all.

Good work on the timing.

In my case I haven’t seriously considered moving anything out of equities. Ok, yes I do have property so I am not 100% equities, but even if I didn’t have property I would still just be riding this out.

I am still working and will have more cash coming to me. Even though I should FIRE this year I will still have at least almost 1 year of working + 2 subsequent years spending down cash (that I will save this year) before I need to sell any stocks. 3 years is a pretty long time to make the Coronavirus and the 2020 election become old news.....

And if in 3 years we are still in a big hole with equities I will be back working I suspect.

So far mankind hasn't met a challenge yet that we haven't overcome.  War, depressions, disease.  We've managed to survive and prosperity returned.

talltexan

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Re: Race from $1M to $2M
« Reply #1118 on: February 28, 2020, 06:49:26 AM »
I'm seeing other investing threads where people are recommending, "Do NOT log into your investment accounts" right now. You cannot sell if you don't log in.

Bird In Hand

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Re: Race from $1M to $2M
« Reply #1119 on: February 28, 2020, 07:23:52 AM »
I'm seeing other investing threads where people are recommending, "Do NOT log into your investment accounts" right now. You cannot sell if you don't log in.

If I don't log in, I'll have no way of exchanging some of my recently-appreciated bond funds for some discounted stock index funds!

Bateaux

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Re: Race from $1M to $2M
« Reply #1120 on: February 28, 2020, 11:47:28 AM »
I'm seeing other investing threads where people are recommending, "Do NOT log into your investment accounts" right now. You cannot sell if you don't log in.

If I don't log in, I'll have no way of exchanging some of my recently-appreciated bond funds for some discounted stock index funds!

What's that saying about crisis and opportunity.   Yeah!

JGS1980

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Re: Race from $1M to $2M
« Reply #1121 on: February 28, 2020, 12:54:12 PM »
Looking forward to Tax Loss Harvesting in about 10 days. I only have Vanguard Total International Index in my Taxable account, so this will be easy. Didn't get a chance to do this last year, would have saved me $750 in taxes. Exchange partner is Vanguard Developed Markets  Index.

VTIAX Exchange for VTMGX

Silver linings.... you know?

JGS

brooklynmoney

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Re: Race from $1M to $2M
« Reply #1122 on: February 28, 2020, 01:19:13 PM »
Which direction is the race going? I’m gonna be back towards the start before I know it haha

YellowCat

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Re: Race from $1M to $2M
« Reply #1123 on: March 01, 2020, 03:11:44 AM »
Dec 2019: $1,030,547
Jan 2020: $1,059,159 (+$28,612)
Feb 2020: $990,987 (-$68,172)

Unsurprisingly February was not a great month for our household net worth...We did have our second month in a row with spending around $3k, however, so I'll take that as a win.

freya

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Re: Race from $1M to $2M
« Reply #1124 on: March 01, 2020, 10:55:46 AM »
I haven't even bothered to total everything up...however, I can definitely tax loss harvest when it's time.  I was thinking to do it on Friday, but decided to wait and see what Monday brings.  The futures point to stocks going up, but new coronavirus reports before Monday AM could easily change that.


Arbitrage

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Re: Race from $1M to $2M
« Reply #1125 on: March 02, 2020, 07:55:02 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
12/1/19: $1.011M / 1.477M
1/1/20: $1.049M / 1.531M
2/1/20: $1.041M / 1.522M
3/1/20: $990k / 1.463M

Demotion!  I'm going to stick around here for now unless our single comma status proves tricky to shed.

tipster350

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Re: Race from $1M to $2M
« Reply #1126 on: March 06, 2020, 05:48:19 AM »
I was relieved to see I still belong in this thread, as of today, anyway. It should be interesting for a few months to come. Now is the time to stay the course.

TempusFugit

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Re: Race from $1M to $2M
« Reply #1127 on: March 09, 2020, 05:13:30 PM »
With the looming recession, a lot of us a thread up may be thread down soon.

I'm going to use my home equity as a buffer for thread purposes. A sort of category hysteresis, if you will, to prevent moving back and forth at the boundary.  Once my liquid NW got me across the threshold, I grabbed firm hold of the (very nice) tablecloth on the caviar table and plan to hang on as long as my total NW lets me rationalize :)

And still clinging to that tablecloth with one arm while clutching a bottle of fine wine in the other...   If we drop back to the December 2018 level I may have to let go of the bottle. 


dividendman

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Re: Race from $1M to $2M
« Reply #1128 on: March 10, 2020, 10:12:17 PM »
Don't know why I didn't join this thread earlier, but here I am.... and it doesn't look like I'll be getting out of it any time soon (at least by going > $2M) based on the current market fluctuations!

talltexan

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Re: Race from $1M to $2M
« Reply #1129 on: March 12, 2020, 01:05:06 PM »
indeed I wonder how squeezed companies will be and if we'll see some dividend cuts.

dividendman

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Re: Race from $1M to $2M
« Reply #1130 on: March 12, 2020, 04:18:36 PM »
indeed I wonder how squeezed companies will be and if we'll see some dividend cuts.

Yeah, the more I think about it the more I think this will be good for the megacaps because they have the resources to withstand the shock. All the mid-tier companies will have a hard time, and any companies that unhealthy will go belly up. Such is the way of world in capitalism.

talltexan

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Re: Race from $1M to $2M
« Reply #1131 on: March 16, 2020, 07:56:08 AM »
I wasn't very far over the $1 million line when this started. I may already be an imposter in this group.

But this whole thing makes me realize how much we need health. The catastrophic outcomes associated with health are so much harder to comprehend and manage. And we can see some of those within our household even if we do everything right.

Watchmaker

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Re: Race from $1M to $2M
« Reply #1132 on: March 16, 2020, 08:25:35 AM »
I may drop out of this group today, depending on the market. If not today, it's looking fairly likely that it will happen at some point. This is by far my biggest correction in terms of actual dollars. The good news is that I feel like I'm handling it well. No urge to sell anything off, no panic or particular worry. My main frustration is not having more more available to invest at these better prices.


Caroline PF

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Re: Race from $1M to $2M
« Reply #1133 on: March 17, 2020, 09:56:16 AM »
Well, I was going to join this group, but I procrastinated. In February, I had a net worth of 1.35M, and invested assets of 1.1M. I was ~99% stocks, so I've "lost" 30% of value, down to 70% of February's total. I now have a net worth of 1.04M, and invested assets of 0.786M.

This is the first large drop I have encountered since really starting to invest in 2013. The good news, is I very much see this as temporary, and am not tempted to get out of the market. I'll just keep throwing money into the market, and I'll see you guys when this recovers.
« Last Edit: April 04, 2020, 06:22:44 PM by Caroline PF »

talltexan

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Re: Race from $1M to $2M
« Reply #1134 on: March 20, 2020, 12:34:54 PM »
@Caroline PF , it's good you're using these market gyrations to self-examine on risk tolerance. I was feeling okay at first (at 80-20; rebalanced in early feb), but now I'm starting to get a little anxious. Wondering if another 35% drop is still ahead of us, and thinking I could sell and save my skin.

JGS1980

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Re: Race from $1M to $2M
« Reply #1135 on: March 21, 2020, 09:49:57 AM »
@Caroline PF , it's good you're using these market gyrations to self-examine on risk tolerance. I was feeling okay at first (at 80-20; rebalanced in early feb), but now I'm starting to get a little anxious. Wondering if another 35% drop is still ahead of us, and thinking I could sell and save my skin.

Nope, not going to sell. I’m going to buy more. Stable job + EFund means taking the stock sale while it’s available. I did the math BEFORE all of this. A Dark Swan event of a 50% equity downturn would only had 2 years to my FIRE date, even if it doesn’t recover. It’s about saving rate, folks, not equity return! I’m at 90/10 Equity/Bonds, with 20% Equity being International. 5 years till FIRE before Covid19 came around.

Caroline PF

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Re: Race from $1M to $2M
« Reply #1136 on: March 21, 2020, 03:41:51 PM »
@Caroline PF , it's good you're using these market gyrations to self-examine on risk tolerance. I was feeling okay at first (at 80-20; rebalanced in early feb), but now I'm starting to get a little anxious. Wondering if another 35% drop is still ahead of us, and thinking I could sell and save my skin.

Yeah, I wondered how I would handle it, and I am happy with my emotional reactions. I do expect a further drop, and a year or two of recession, but I'm not selling. I'll keep buying all the way down.

But . . .

I have a stable part-time job and am still saving. I imagine it would feel a lot different if I were fully retired and withdrawing from that reduced stash.

Icecreamarsenal

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Re: Race from $1M to $2M
« Reply #1137 on: March 22, 2020, 06:50:05 PM »
@Caroline PF , it's good you're using these market gyrations to self-examine on risk tolerance. I was feeling okay at first (at 80-20; rebalanced in early feb), but now I'm starting to get a little anxious. Wondering if another 35% drop is still ahead of us, and thinking I could sell and save my skin.
Try and hold.

talltexan

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Re: Race from $1M to $2M
« Reply #1138 on: March 30, 2020, 06:24:01 AM »
Indeed the week after my post markets went up nicely. Doesn't mean we have everything with the economy fixed.

Bateaux

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Re: Race from $1M to $2M
« Reply #1139 on: March 30, 2020, 06:57:20 AM »
Well exactly!.. How does one actually drive 1.5 Tesla's at the same time anyway?..:)

Actually for those of us who have been through the 2008 bloodbath and realised that we not only lived through it..but was the time we made most of our money!.. well shoot.. Bring it on..:)

I don't deserve to be a peer of some of the people here.  I'm just a bumpkin who was only smart enough to emulate the moves of much smarter people.  Hang in folks. 

Arbitrage

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Re: Race from $1M to $2M
« Reply #1140 on: March 30, 2020, 10:01:24 AM »
Dropping out of this thread for the time being.  I'm still here based upon TNW, but I'm going to wait until I eventually work my way back with LNW.  Hopefully it won't be too long, but that depends upon the eventual recovery.

winkleweizen

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Re: Race from $1M to $2M
« Reply #1141 on: March 31, 2020, 12:21:05 AM »
End of march update!
Took a big hit as im sure many did.

march 2019: 1.04m
july 2019:     1.18m
Oct 2019:     1.24m
Feb 2020:     1.42m
Apri 2020:    1.23m
« Last Edit: March 31, 2020, 12:23:18 AM by winkleweizen »

JGS1980

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Re: Race from $1M to $2M
« Reply #1142 on: April 01, 2020, 06:59:20 AM »
Quarterly Update:

July-18     $704,760.25 (+54,904)
Oct-18      $768,090.42 (+63,330)
Jan-19      $761,423.60 (-06,666)
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)
April-20   $931,456 (-163,150 for the quarter)

I'll remain in this race cause I'm too lazy to change lanes. I want to note to others that I remain 90/10 Equities to Bonds (20% Equities International) and have rebalanced already and look forward to dumping another 10K into the market this month. All in all, despite recent crazy pandemic, I remain satisfied with my financial plan as I have another 4-5 years till FIRE. 

Everyone who recently FIRED or who was in the last couple years of accumulation has my sympathies.

JGS

Roboturner

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Re: Race from $1M to $2M
« Reply #1143 on: April 01, 2020, 09:59:28 AM »
Spoiler: show

Q2 2016:
LNW: 528k
TNW: 720k

Q3 2016:
LNW: 652k
TNW: 845k

YE 2016:
LNW: 685k
TNW: 893k

Q1 2017:
LNW: 800k
TNW: 1001k

Q2 2017:
LNW: 845k
TNW: 1060k

Q3 2017:
LNW: 921k
TNW: 1142k

YE 2017:
LNW: 1,012k
TNW: 1,230k

Q1 2018:
LNW: 1.09 MM
TNW: 1.33 MM

Q2 2018:
LNW: 1.16 MM
TNW: 1.45 MM

Q3 2018:
LNW: 1.28 MM
TNW: 1.57 MM

YE 2018:
LNW: 1.14 MM
TNW: 1.43 MM

Q1 2019:
LNW: 1.41 MM
TNW: 1.71 MM

Q2 2019:
LNW: 1.60 MM
TNW: 1.78 MM

Q3 2019:
LNW: 1.64 MM
TNW: 1.82 MM


YE 2019:
LNW: 1.84 MM
TNW: 2.02 MM


Q1 2020:
LNW: 1.60 MM
TNW: 1.79 MM

Big OOF this Q, came within 50k of hitting 2MM on LNW before the downward plunge. oh well, time to load up for the slingshot in a couple years...

TempusFugit

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Re: Race from $1M to $2M
« Reply #1144 on: April 04, 2020, 12:28:35 PM »
                 LNW    /  TNW
EOY 2018 - 877K   / 1.02M
EOY 2019 - 1.12M  / 1.275M
EQ1 2020 - 956K / 1.11M     

Really not too bad all things considered.  I've been able to confirm that I'm basically content with my AA, which is pretty conservative at 72/25/3 (Stocks/Bonds/Cash) at the start of the year.   I'll re-balance if things get way out of whack in the next couple of months but probably not anything dramatic. 

Hang tight everyone.  I think it's going to get worse when it becomes clearer just how f'ed our economy is.  The longer it goes on, the harder it will be to just turn everything back on.  Too many people will have exhausted their savings and incurred more debt just to get by for a few months.  It really does demonstrate how important is it to have an emergency fund and also how uncommon it is to actually have one. 

Those of us who have a solid base cushion should be doing what we can to help the people who don't.  If, like me, you are still gainfully employed with a nice safety cushion to fall back on (and if you're in this thread, you do), you should be generous with your money right now.  That can be in the form of donations to local charities or in the form of very generous tips when you pick up dinner from the struggling local restaurant.  If you get a check from the government consider donating it back to people who need it more than you do.







zinnie

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Re: Race from $1M to $2M
« Reply #1145 on: April 08, 2020, 05:11:06 PM »
Joining this race now! Been reading MMM since the beginning and started seriously saving 2012ish. Adjusted my FIRE number after taking a year off work and trying it out! Now I’m back in the game with a slightly lower salary and a higher COL but still a good savings rate. So here is my plan:

Current liquid: $1.18M
Current NW: $1.45M

Goal liquid:~1.6M
Goal NW: ~2M

I’d like to be done Aug 2021. I’ll walk if the numbers are even close.

It's been a good month! Update:

Liquid: $1.24M
Net Worth: $1.51M

it felt good to pass the 1.5 mark :)

And the good times continue. Now Mint says I’ll hit my number in April 2021.
Liquid: $1.33M
Net Worth: $1.60M

Didn’t want to look but did. Ouch! That’s just shy of 200k down.

Liquid 1.15
Total: 1.43

And @TempusFugit I couldn’t agree more with your last paragraph!

Freedomin5

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Re: Race from $1M to $2M
« Reply #1146 on: April 10, 2020, 06:25:06 AM »
Nov 2019: 1.001M
Dec 2019: 1.013M
Mar 2020: 0.969M

Didn’t want to look at the numbers. Interestingly, as of today we are back over 1M.

Watchmaker

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Re: Race from $1M to $2M
« Reply #1147 on: April 13, 2020, 09:47:40 AM »
I may drop out of this group today, depending on the market. If not today, it's looking fairly likely that it will happen at some point. This is by far my biggest correction in terms of actual dollars. The good news is that I feel like I'm handling it well. No urge to sell anything off, no panic or particular worry. My main frustration is not having more more available to invest at these better prices.

I did drop out but have since made it back in. At 1.04 MM right now, having crossed 1 MM for the fifth time. We'll see if it sticks this time.

Blissful Biker

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Re: Race from $1M to $2M
« Reply #1148 on: April 13, 2020, 11:03:23 AM »
(CDN$)        LNW         TWN
2018 YE    $1.13M    $1.66M
1Q2019     $1.26M    $1.77M
2Q2019     $1.26M    $1.77M
3Q2019     $1.33M    $1.84M
4Q2019     $1.38M    $1.90M
1Q2020     $1.18M    $1.75M

Did some rebalancing to keep the asset allocation constant and picked up equities on sale.  This too shall pass.

CanuckExpat

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Re: Race from $1M to $2M
« Reply #1149 on: April 24, 2020, 10:50:18 PM »
Hit ~$1.0M  in 05/2016 when we sold our house
At  $1.17M in 10/2016 we quit our jobs
At $1.18 at end of 2016

Might be a slow race to two million with no jobs, but hope to join you, doing it while sitting around drinking and hoping the markets do their magic. Slow and steady...

At $1.36M  at end of 2017
NW increase of almost $180k without jobs. I'll take that for markets doing their magic


At $1.24M at end of 2018
Not really a forward race at this point, but I guess it's still better than working :)

Was ~1.45M at end of  2019
~1.14M at some point in April
Probably a bit more by now

Still not working, was a good chance to rebalance.