Author Topic: Race from $1M to $2M  (Read 534305 times)

dodojojo

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Re: Race from $1M to $2M
« Reply #1850 on: January 09, 2022, 07:43:50 AM »
Understand how it goes, but have to admit I was a little disappointed that I didn't hit a milestone by 2022. Actually my networth dipped slightly from November, which is when I last checked . Oh well.

JupiterGreen

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Re: Race from $1M to $2M
« Reply #1851 on: January 20, 2022, 12:32:07 PM »
Wow impressive numbers!

I'm joining this thread, we are looking to FIRE to a VHCOL and figure we will need about 1.5 (will have a mortgage again), so we may not try to reach all the way to 2 but I'm sure this thread will inspire either way.
« Last Edit: January 25, 2022, 05:39:20 AM by JupiterGreen »

talltexan

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Re: Race from $1M to $2M
« Reply #1852 on: January 20, 2022, 02:01:57 PM »
It's a tall project to move "up" in location as part of FIRE. A family with whom I was close in my younger days recently announced their retirement. They own houses both in Berkeley and Austin, but--citing the mom's allergies--are opting to sell the Austin house ($500,000 for an opulent 3,400 ft^2) and live in the Bay area house (seven figures, 1,400 ft^2).

I understand the argument for shrinking living space for a retired couple, but there's a ton of cash stuck in that house.

OurTown

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Re: Race from $1M to $2M
« Reply #1853 on: January 29, 2022, 06:19:13 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

ingrownstudentloans

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Re: Race from $1M to $2M
« Reply #1854 on: January 31, 2022, 06:37:45 AM »

(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  - HUGE increase due to time of year (portion of what I expect to be a very large bonus paid) plus the closing on 2 raw land projects that have been in the works for some time paid in cash with money not been previously counted as part of the "race".  Next month may graduate me depending on timing of balance of bonus and employer side-401k payment.

JustFixIt

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Re: Race from $1M to $2M
« Reply #1855 on: January 31, 2022, 07:42:24 AM »
Coming from the $500K to $1M thread.
Invested assets only.

2016 402K
2017 585K
2018 628K
2019 802K
2020 1,016K
2021 1,200K


UnleashHell

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Re: Race from $1M to $2M
« Reply #1856 on: January 31, 2022, 03:22:34 PM »


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-21 nw 1,032 liquid 829


a down month? Outrageous!! The top is in!

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1857 on: February 01, 2022, 05:57:30 AM »
01/01/2022 - $1,025,500
02/01/2022 - $1,056,900

Abnormally high bonus compensation offset market losses, woohoo.

talltexan

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Re: Race from $1M to $2M
« Reply #1858 on: February 01, 2022, 06:58:14 AM »
Is it strange that--as I've gotten further into this journey--my awareness of my net worth and belief that it is well-measured have deteriorated significantly?

oldmannickels

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Re: Race from $1M to $2M
« Reply #1859 on: February 01, 2022, 07:38:36 AM »
Is it strange that--as I've gotten further into this journey--my awareness of my net worth and belief that it is well-measured have deteriorated significantly?

Nah it's like a more you know they more you realize you know nothing kind of thing

turketron

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Re: Race from $1M to $2M
« Reply #1860 on: February 01, 2022, 08:04:28 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
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88
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

Well, that didn't last long. But I refuse to leave! I'm not going back to the other thread :D

3Mer

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Re: Race from $1M to $2M
« Reply #1861 on: February 01, 2022, 08:26:48 AM »
Month End Updates

Liquid assets / Net worth

Dec 2017  $392.7K / $484.9K
Dec 2018  $476.8K / $554K
Dec 2019   $621.3K / $703.1K
Dec 2020   $804.3K / $889.2K
Jan 2021   $809.6K / $895K
Feb 2021   $829.7K / $915.7K
Mar 2021   $855K / $941.5K
Apr 2021   $892K / $979.8K
May 2021  $903.9K / $991.7K
Jun 2021   $916.2K / $1004.7K
July 2021  $927.6K / $1016.9K
Aug 2021  $946K / $1035.8K
Sept 2021 $920.2K / $1010.4K
Oct 2021   $955.3K / $1045.5K
Nov 2021  $939.2K / $1029.9K
Dec 2021  $964.7K / $1055.9K
Jan 2022   $931.1K / $1023.3K

@turketron - I almost fell below the limit during the month too, and thought I might have to return to the previous race.
« Last Edit: February 01, 2022, 08:28:30 AM by 3Mer »

afuera

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Re: Race from $1M to $2M
« Reply #1862 on: February 01, 2022, 08:34:32 AM »
Investments Only

                       2015                2016                2017                2018                2019                2020                2021                2022               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070$1,023,691
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754-
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947-
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944-
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401-
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115-
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887-
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422-
September$39,854$97,814$231,801$361,506$481,531$669,786$970,317-
October$42,018$98,335$242,954$336,674$499,757$663,596$1,023,332-
November$45,987$100,344$256,324$356,143$528,712$743,883$1,025,096-
December$49,877$106,390$265,731$332,761$548,679$779,415$1,062,376-


Barely stayed in this thread, back to October numbers.  Losses would have actually been a little higher but my lump sum pension payout jumped up a crazy amount this month which I don't really understand. 
My pension seems like funny money to me so I just ask fidelity how much it would be if I withdrew the whole thing this month (penalties and all) and that's all I count.

Arbitrage

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Re: Race from $1M to $2M
« Reply #1863 on: February 01, 2022, 08:38:05 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
4/1/20: $810k / 1.278M
7/1/20: $1.042M / 1.524M
10/1/20: $1.138M / 1.641M
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

dreadmoose

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Re: Race from $1M to $2M
« Reply #1864 on: February 01, 2022, 11:36:02 AM »
                       2016                2017                2018                2019                2020                2021                2022               
January 
--$25,189$116,236$230,742$402,238$820,660$1,401,838
February 
--$24,977$122,183$244,321$389,937$858,606--
March 
Found MMM->
-$21,759$122,763$252,749$359,271$895,439-
April 
--$15,838$129,950$263,657$441,401$977,817-
May 
-$7,447$149,174$252,690$482,281$1,236,938-
June 
-$16,623$154,992$287,639$499,025$1,273,559-
July 
-$19,048$27,638$167,846$299,427$540,432$1,314,180-
August 
-$18,739$39,025$180,481$313,257$571,960$1,368,388-
September 
-$21,536$49,626$185,098$321,358$582,947$1,333,026
October 
-$25,832$59,438$194,857$336,179$582,543$1,394,875-
November 
-$25,621$71,949$205,772$351,985$658,773$1,405,705-
December 
-$25,405$110,473$212,859$385,426$796,160$1,436,028-

Saved $5,750 and went down by $34,190.

Contributions this year will be a little odd as they are claw back payments to loans that were invested rather than straight contributions. Namely this means we'll do very little and then it'll seem like a large lump sum that was actually invested 2 years ago.

This will also be a slow year, with my wife on maternity leave and our old condo not selling at all so we just moved tenants in at a small loss (less than principal payments but I still believe that's a loss).


Only tracking personal liquid stash and do not include my wife's savings or any Real Estate equity at this point

mizzourah2006

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Re: Race from $1M to $2M
« Reply #1865 on: February 01, 2022, 11:58:48 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
Note the drop from July to September was paying cash for the pool.
October 2021: 1,288k
November 2021: 1,293k
December 2021: 1,312k
January 2022: 1,278k

talltexan

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Re: Race from $1M to $2M
« Reply #1866 on: February 01, 2022, 01:11:50 PM »
Is it strange that--as I've gotten further into this journey--my awareness of my net worth and belief that it is well-measured have deteriorated significantly?

Nah it's like a more you know they more you realize you know nothing kind of thing

Indeed the very concept of Net Worth at a single time doesn't mean very much because it will take us years to fulfill its purpose in our lives, during which it will change.

bigote2032

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Re: Race from $1M to $2M
« Reply #1867 on: February 01, 2022, 01:40:05 PM »
Is it strange that--as I've gotten further into this journey--my awareness of my net worth and belief that it is well-measured have deteriorated significantly?

Nah it's like a more you know they more you realize you know nothing kind of thing

Indeed the very concept of Net Worth at a single time doesn't mean very much because it will take us years to fulfill its purpose in our lives, during which it will change.

Agree.  I don't track NW at all, it is meaningless to me.

TempusFugit

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Re: Race from $1M to $2M
« Reply #1868 on: February 01, 2022, 04:54:12 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
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88
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

Well, that didn't last long. But I refuse to leave! I'm not going back to the other thread :D


Security!  We've got one over by the caviar station!    : ) 

Jack0Life

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Re: Race from $1M to $2M
« Reply #1869 on: February 01, 2022, 10:06:20 PM »
Updating myself for Dec 31 2021.
Overall it's a great year for pretty much everyone who has money invested or own a house.
I got my old job back in April and my wife quit hers end of Sept.

Rental       250,000- Paid off. getting only $10k of net income per year.   
Primary     157,446- Valued this house at $475k. Exact house on the back fence just sold for $505k.
                              $475k- minus selling fee and balance owed.
Assets        45,000   
HSA           31,175
IRA-roth     132,244
IRA            78,121   
Inx funds    157,723. Transferred in $17k in March     
401k          28,595   
Wife 401k   44,438   
Wife HSA    8,900   
Wifes IRA    98,909   
Loan          177,303- Other house equity. Loan being paid back @3.5%.
Cash          60,716-
Etrade        119,327- I made $21k from trading stocks. Still can't beat the SP500 LOL
TastyWorks  26,505
Gold           6,000

$1,442,402- Net Worth.
$1,290,956- Without primary home.

Updating for Jan 31st 2022.
Thanks to the late push last couple of days or else it would be worst.

Rental       250,000- Paid off. getting only $10k of net income per year.   
Primary     158,060- Valued this house at $475k. Exact house on the back fence just sold for $505k.
                              $475k- minus selling fee and balance owed.
Assets        45,000   
HSA           29.494
IRA-roth     124,410
IRA            78,395   
Inx funds    152,736   
401k          27,098 
Wife 401k   42.142   
Wife HSA    8,900   
Wifes IRA    99,290 
Loan          176,990- Other house equity. Loan being paid back @3.5%.
Cash          28,719-
Etrade        140,623- I made $21k from trading stocks. Still can't beat the SP500 LOL
TastyWorks  28,151
Gold           6,000

$1,416,008- Net Worth.
$1,261,948- Without primary home.

A decrease of ~$28.5k for the first month.




Arbitrage

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Re: Race from $1M to $2M
« Reply #1870 on: February 02, 2022, 07:27:07 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
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88
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

Well, that didn't last long. But I refuse to leave! I'm not going back to the other thread :D


Security!  We've got one over by the caviar station!    : )

Give me a break.  This thread is all millionaires.  You'll need to specify which caviar station.

talltexan

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Re: Race from $1M to $2M
« Reply #1871 on: February 02, 2022, 11:26:42 AM »
If someone falls back down to six digits, we should give them extra caviar to tide them over until they can pay back into the system.

TheAnonOne

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Re: Race from $1M to $2M
« Reply #1872 on: February 02, 2022, 02:31:01 PM »
Old data:
Spoiler: show

2015 DEC:252k<- Crossed 250k
--
2016 JAN:260k(+8k)
2016 FEB:281k(+21k)
2016 MAR:285k(+4k)
2016 APR:298k(+13k)
2016 MAY:305k(+7k)
2016 JUN:307k(+2k)
2016 JUL:320k(+13k)
2016 AUG:326k(+6k)
2016 SEP:336k(+10k)
2016 OCT:337k(+1k)
2016 NOV:361k(+24k)
2016 DEC:368k(+7k)
--
2017 JAN:382k(+14k)
2017 FEB:403k(+21k)
2017 MAR:416k(+13k)
2017 APR:427k(+11k)
2017 MAY:436k(+9k)
2017 JUN:449k(+13k)
2017 JUL:464k(+15k)
2017 AUG:478k(+14k)
2017 SEPT:494k(+16k)
2017 OCT:510k(+16k) <- Crossed 500k
2017 NOV:523k(+13k)
2017 DEC:534k(+11k)
--
2018 JAN:558k(+24k)
2018 FEB:569k(+11k)
2018 MAR:560k(-9k)
2018 APR:574k(+14k/+5k)
2018 MAY:575k(+1k)
2018 JUNE:575k(+0k)
2018 JULY:599k(+24k)
2018 AUG:620k(+21k)
2018 SEPT:625k(+5k)
2018 OCT:597k(-28k)
2018 NOV:606k(+9k/-19k)
2018 DEC:580k(-26k/-45k)
--
2019 JAN:628k(+48k/+3k)
2019 FEB:666k(+38k)
2019 MAR:677k(+11k)
2019 APR:706k(+29k)
2019 MAY:670k(-36k)
2019 JUNE:709k(+39k/+3k)
2019 JULY:712k(+3k)
2019 AUG:720k(+8k)
2019 SEPT:725k(+5k)
2019 OCT:753k(+28k)  <- Crossed 750k
2019 NOV:777k(+24k)
2019 DEC:798k(+21k)
--
2020 JAN:809k(+11k)
2020 FEB:780k(-29k)
2020 MAR:700k(-80k/-109k)
2020 APR:762k(+62k/-47k)
2020 MAY:818k(+56k/+8k)
2020 JUNE:840k(+22k)
2020 JULY:884k(+44k)
2020 AUG:1.002mm(+118k)



2015 DEC:252k
2016 DEC:368k
2017 DEC:534k
2018 DEC:580k
2019 DEC:798k
--
2020 JAN:809k(+11k)
2020 FEB:780k(-29k)
2020 MAR:700k(-80k/-109k)
2020 APR:762k(+62k/-47k)
2020 MAY:818k(+56k/+8k)
2020 JUNE:840k(+22k)
2020 JULY:884k(+44k)
2020 AUG:1.002mm(+118k)<-Crossed 1m
2020 SEP:979k(-23k/-23k)
2020 OCT:971k(-8k/-31k)
2020 NOV:1.058mm(+87k)
2020 DEC:1.100mm(+42k)
--
2021 JAN:1.100mm(+0k)
2021 FEB:1.140mm(+40k)
2021 MAR:1.165mm(+25k)
2021 APR:1.202mm(+37k)
2021 MAY:1.209mm(+7k)
2021 JUNE:1.243mm(+34k)
2021 JULY:1.266mm(+23k)
2021 AUG:1.307mm(+41k)
2021 SEPT:1.281mm(-26k/-26k)[/b]
2021 OCT:1.340mm(+59k)
2021 NOV:1.330mm(-10k/-10k)[/b]
2021 DEC:1.374mm(+44k)
--
Jan -> Nov
2022 DEC:1.318mm(-56k)

Wow, where has the year gone? It's a bit crazy that this is my only post from 2022. I was posting every. single. month for actual YEARS. I think it's clear that after the 1MM mark, it starts to just feel like autopilot.

So where am I? As far as finances go, the market has been down(ish) but really it isn't that bad. Down 50k give or take total, of course, thats after adding another 100k to the pot via less debt, 401k etc.

It's a bit odd, when I started this I was 24ish and thought I had a good chance at FIRE by 30, now at 32 it's a bit sureal that, that much time has passed, and yet, I am not FIREed. My lifestyle is probably 4-5 TIMES what it was back then. I own a large house, a sports car, I travel internationally as much as I can (especially now that borders are open again). I am living life, and still maintaining a 40-60% savings rate doing it.

My major nest egg is built, the massive pile of cash I have will out-earn me in good years already. That said, my new FIRE target is 2.5MM, a number I will likely have by 40-45. It feels good knowing, anytime between that and now, I could just downsize and take the time. I think what I have gained in the last 2-3 years is freedom mainly.

I wish everyone a wonderful 2023 and hopefully I post more updates this year!

« Last Edit: January 06, 2023, 06:12:46 PM by TheAnonOne »

on the road

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Re: Race from $1M to $2M
« Reply #1873 on: February 02, 2022, 07:55:30 PM »
Vested six figures of restricted stock last month, down anyway. Tears in rain. Reminding myself I want lower prices when I’m accumulating. Cash bonus coming shortly — we’ll see if it will graduate me to the next thread.

Liquid net worth

      2020       2021       2022
Jan              $1,428K    $1,979K
Feb     $984K    $1,463K    $1,967K
Mar     $883K    $1,501K
Apr     $721K    $1,720K
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

Timeforfocus

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Re: Race from $1M to $2M
« Reply #1874 on: February 10, 2022, 09:37:28 AM »
For some reason I've never done one of these, but here we are-exactly one year to the day from when we hit 1M invested, so-I guess let's check the progress.
2/9/21 $1004483
2/9/22 $1249290 (+244807)

Holy cow! Thanks bull market and compound interest. We cracked the 100k combined income first in 2016, and this year we made it to 150k. Still working on convincing my husband that we are closer to FIRE than he thinks :)

OurTown

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Re: Race from $1M to $2M
« Reply #1875 on: February 26, 2022, 05:53:13 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

Arbitrage

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Re: Race from $1M to $2M
« Reply #1876 on: February 28, 2022, 10:40:32 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

Still going in the wrong direction. 

Dicey

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Re: Race from $1M to $2M
« Reply #1877 on: March 01, 2022, 01:41:00 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

Still going in the wrong direction.
If that freaks you out, start tracking the number of shares you own instead.

3Mer

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Re: Race from $1M to $2M
« Reply #1878 on: March 01, 2022, 07:11:03 AM »
Month End Updates

Liquid assets / Net worth

Dec 2017  $392.7K / $484.9K
Dec 2018  $476.8K / $554K
Dec 2019   $621.3K / $703.1K
Dec 2020   $804.3K / $889.2K
Jan 2021   $809.6K / $895K
Feb 2021   $829.7K / $915.7K
Mar 2021   $855K / $941.5K
Apr 2021   $892K / $979.8K
May 2021  $903.9K / $991.7K
Jun 2021   $916.2K / $1004.7K
July 2021  $927.6K / $1016.9K
Aug 2021  $946K / $1035.8K
Sept 2021 $920.2K / $1010.4K
Oct 2021   $955.3K / $1045.5K
Nov 2021  $939.2K / $1029.9K
Dec 2021  $964.7K / $1055.9K
Jan 2022   $931.1K / $1023.3K
Feb 2022  $913.1K / $1005.3K


Ladychips

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Re: Race from $1M to $2M
« Reply #1879 on: March 01, 2022, 07:25:29 AM »
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

Apparently, I forgot to post for a couple of months (but I didn't forget to track). I think this post catches me up.  Still here (barely) and not planning to leave!!  We've had more down months than up months since we retired, but adding my 2021 total to my list and reviewing the growth reminds me that we are still in phenomenal shape and have WAY more money that I dreamed we have at this point in our lives.

I think the pain mostly comes from not contributing (all the posts re. buying stocks on sale! remind me that I'm not buying stocks any more).  Staying the course for now.  And if the time comes to change the course, what that means for me is decreasing or stopping withdrawals from the stash, not changing my investments.  I'm fine with those for the long term.

on the road

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Re: Race from $1M to $2M
« Reply #1880 on: March 01, 2022, 07:42:29 AM »
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
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


Arbitrage

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Re: Race from $1M to $2M
« Reply #1881 on: March 01, 2022, 08:01:39 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

Still going in the wrong direction.
If that freaks you out, start tracking the number of shares you own instead.

Nah, no freakouts here.  I follow a written IPS and have invested consistently through far worse.  Just would be nice to hit that next milestone since I came tantalizingly close in early Jan.  Now that I'm coast-FI the contributions don't make much of a difference, so it's mostly a waiting game.

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #1882 on: March 01, 2022, 08:21:08 AM »

01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800

afuera

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Re: Race from $1M to $2M
« Reply #1883 on: March 01, 2022, 08:40:11 AM »
Investments Only

                       2015                2016                2017                2018                2019                2020                2021                2022               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070$1,023,691
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754$1,000,887
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947-
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944-
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401-
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115-
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887-
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422-
September$39,854$97,814$231,801$361,506$481,531$669,786$970,317-
October$42,018$98,335$242,954$336,674$499,757$663,596$1,023,332-
November$45,987$100,344$256,324$356,143$528,712$743,883$1,025,096-
December$49,877$106,390$265,731$332,761$548,679$779,415$1,062,376-


Still here in this race by the skin of my teeth.  Next month is bonus month so I'm hoping the sale lasts until then when I'll max both IRAs for the year.

turketron

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Re: Race from $1M to $2M
« Reply #1884 on: March 01, 2022, 05:40:36 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
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

Still down, but that just means stocks are on sale!  I have a bonus coming next week, and got a raise, so that should help me crawl out of this hole.

ingrownstudentloans

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Re: Race from $1M to $2M
« Reply #1885 on: March 01, 2022, 06:09:52 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.

mizzourah2006

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Re: Race from $1M to $2M
« Reply #1886 on: March 02, 2022, 09:39:21 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
Note the drop from July to September was paying cash for the pool.
October 2021: 1,288k
November 2021: 1,293k
December 2021: 1,312k
January 2022: 1,278k

February 2022: $1,289k

We saved about $20k this past month and our investments only went up $11k, lol. I guess I can just look at it as accumulating more shares than we could have in December.

caracarn

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Re: Race from $1M to $2M
« Reply #1887 on: March 02, 2022, 02:22:55 PM »
                       2014                2015                2016                2017                2018                2019                2020                2021                2022                2023               
January$-$292,190$304,411$437,806$581,831$615,789$767,806$941,921$1,151,437-
February$-$332,002$331,197$162,424$585,663$662,207$735,649$961,753$1,139,532-
March$-$332,209$331,749$481,340$583,773$683,014$683,851$992,700--
April$-$336,743$260,548$483,994$582,862$719,849$734,510$1,031,674--
May$256,131$338,884$373,153$483,982$585,929$701,938$760,661$1,040,313--
June$258,642$321,529$377,807$490,951$590,577$731,170$777,705$1,059,685--
July$276,381$320,767$414,764$503,706$601,024$721,753$819,352$1,080,029--
August$296,700$313,896$405,676$513,111$606,442$686,503$860,605$1,140,206--
September$290,244$301,079$422,204$525,158$610,690$698,968$868,597$1,106,086--
October$274,986$308,291$413,967$533,760$585,817$577,615$868,808$1,182,536--
November$282,762$308,558$419,572$549,074$595,773$620,036$910,235$1,155,707--
December$292,942$312,281$431,458$557,941$575,877$760,501$940,128$1,195,334--
Pretty happy with how things are holding.   Just staying the course.   This is the worst time to lock in your losses, so just look the other way and trust the process.

pamplemusique

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Re: Race from $1M to $2M
« Reply #1888 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 #1889 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 #1890 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 #1891 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 #1892 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 #1893 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 #1894 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 #1895 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 #1896 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 #1897 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 #1898 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 #1899 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 »

 

Wow, a phone plan for fifteen bucks!