Author Topic: Race from $2M to $4M...and Beyond!  (Read 550054 times)

AdrianC

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Re: Race from $2M to $4M...and Beyond!
« Reply #3300 on: June 18, 2020, 10:51:33 AM »
By the way, my business rates started getting high when I had business opportunities that I didn't want.  I had a hard time saying no, so I just started throwing rates are that I hoped the future clients would balk at.  They didn't blink and all of a sudden, I became very well-paid.
I did same. Some clients eventually found alternatives, which was totally fine with me. Average of 14 hours billable per week this year, which is still more than I want. I raised my rate again and have gotten better at saying no.

I think that is the absolutely perfect way to fade into FIRE and, except for those that work for huge inflexible companies and there's no viable no-risk consulting alternative, should be the plan. 
I've recommended that to a few people. Want more time off but don't want to completely pull the plug? Ask if you can early-retire and come back as a part time contractor. The company I've done most of my work for has been doing this for many years. It's a win-win. Company keeps some expertise, and only has to pay for it when they need it.

I've been a consultant/contractor/self-employed for most of my career, so for me it's just been a case of taking on less work. And the less I take, I find the less I want to take. I've been in this "transition" phase for a few years, though. Have not yet made a net withdrawal from investments. My receivables are almost nothing now, so that time is a-coming...

couponvan

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Re: Race from $2M to $4M...and Beyond!
« Reply #3301 on: June 18, 2020, 01:05:41 PM »
I'm going to give a plug for the Tesla....pun intended. It's a car that keeps getting "updates" almost monthly.  My husband LOVES to play with that car.  Me - I like things that stay the same, so I am still driving my 2012 Pilot that he bought me without asking when I was still driving a 2005 Honda minivan.  The model Y comes out next year, and I KNOW he wants it.  I do worry when my car gets much over 100K miles though since we drive back and forth from VA to IL pretty regularly to visit family. I should probably look into 2 week rental prices vs the cost of a new car.

Bonuses being $0 for next year means he probably won't be able to do any funny Model Y business anyway....

tooqk4u22

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Re: Race from $2M to $4M...and Beyond!
« Reply #3302 on: June 18, 2020, 03:33:46 PM »
I'm going to give a plug for the Tesla....pun intended. It's a car that keeps getting "updates" almost monthly.  My husband LOVES to play with that car.  Me - I like things that stay the same, so I am still driving my 2012 Pilot that he bought me without asking when I was still driving a 2005 Honda minivan.  The model Y comes out next year, and I KNOW he wants it.  I do worry when my car gets much over 100K miles though since we drive back and forth from VA to IL pretty regularly to visit family. I should probably look into 2 week rental prices vs the cost of a new car.

Bonuses being $0 for next year means he probably won't be able to do any funny Model Y business anyway....

First, 100k miles is nothing on a honda if its well maintained.  Second, I would guess that a two week rental once a year (even for a big SUV) will probably be mathematically sensible than any new car even a cheapy. 

ixtap

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Re: Race from $2M to $4M...and Beyond!
« Reply #3303 on: June 18, 2020, 04:02:01 PM »
I'm going to give a plug for the Tesla....pun intended. It's a car that keeps getting "updates" almost monthly.  My husband LOVES to play with that car.  Me - I like things that stay the same, so I am still driving my 2012 Pilot that he bought me without asking when I was still driving a 2005 Honda minivan.  The model Y comes out next year, and I KNOW he wants it.  I do worry when my car gets much over 100K miles though since we drive back and forth from VA to IL pretty regularly to visit family. I should probably look into 2 week rental prices vs the cost of a new car.

Bonuses being $0 for next year means he probably won't be able to do any funny Model Y business anyway....

First, 100k miles is nothing on a honda if its well maintained.  Second, I would guess that a two week rental once a year (even for a big SUV) will probably be mathematically sensible than any new car even a cheapy.

Third, we would have some serious words if my husband bought himself a car without discussion, never mind buying me a car without asking.

CoffeeR

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Re: Race from $2M to $4M...and Beyond!
« Reply #3304 on: June 18, 2020, 04:05:47 PM »
I've done the MPG vs cost exercise more times than I can even remember.  It's always resulted in math saying to keep what I've got.
In general, the least expensive car to drive is the the one you own (if you are leasing or making payments, you do not own the car). This include most gas guzzlers. The math seldom works out otherwise. Most people are very good at convincing themselves otherwise.

Sigh, I may still get a new-to-me car soon within the next year or two.

Buffaloski Boris

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Re: Race from $2M to $4M...and Beyond!
« Reply #3305 on: June 18, 2020, 04:22:52 PM »
I've done the MPG vs cost exercise more times than I can even remember.  It's always resulted in math saying to keep what I've got.
In general, the least expensive car to drive is the the one you own (if you are leasing or making payments, you do not own the car). This include most gas guzzlers. The math seldom works out otherwise. Most people are very good at convincing themselves otherwise.

Sigh, I may still get a new-to-me car soon within the next year or two.

Yíknow, I think one of the things that separates the millionaires from the broke is car expenses. Those are usually the second biggest expense for a household after housing. Get the housing and transportation expenses locked down and a lot of the rest of this financial stuff just sort of falls out on its own.

Another of my 101 reasons I drive a beat to hell SUV.

EscapeVelocity2020

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Re: Race from $2M to $4M...and Beyond!
« Reply #3306 on: June 18, 2020, 04:37:15 PM »
I'm going to give a plug for the Tesla....pun intended. It's a car that keeps getting "updates" almost monthly.  My husband LOVES to play with that car.  Me - I like things that stay the same, so I am still driving my 2012 Pilot that he bought me without asking when I was still driving a 2005 Honda minivan.  The model Y comes out next year, and I KNOW he wants it.  I do worry when my car gets much over 100K miles though since we drive back and forth from VA to IL pretty regularly to visit family. I should probably look into 2 week rental prices vs the cost of a new car.

Bonuses being $0 for next year means he probably won't be able to do any funny Model Y business anyway....

I seriously considered a Tesla but just could not get there yet.  The Corolla gets 40 mpg and cost 25k.  We now have 2 cars ready for the kids when they are headed off to college - a 2015 Honda Fit for the 16 y.o. and a 2020 Corolla for my 14 y.o. in the future...  Once those vehicles are out of the house in the next couple years, we can begin to consider a Tesla again...  but there's also that Toyota Supra that caught my eye...  As long as the S&P stays above 3000, I feel OK about a little spending.
« Last Edit: June 18, 2020, 04:39:00 PM by EscapeVelocity2020 »

SwordGuy

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Re: Race from $2M to $4M...and Beyond!
« Reply #3307 on: June 18, 2020, 07:27:35 PM »
I've done the MPG vs cost exercise more times than I can even remember.  It's always resulted in math saying to keep what I've got.
In general, the least expensive car to drive is the the one you own (if you are leasing or making payments, you do not own the car). This include most gas guzzlers. The math seldom works out otherwise. Most people are very good at convincing themselves otherwise.

Sigh, I may still get a new-to-me car soon within the next year or two.

Yíknow, I think one of the things that separates the millionaires from the broke is car expenses. Those are usually the second biggest expense for a household after housing. Get the housing and transportation expenses locked down and a lot of the rest of this financial stuff just sort of falls out on its own.

Another of my 101 reasons I drive a beat to hell SUV.

Yíknow, I think one of the things that separates the millionaires from the broke is a middle class income or better, then car expenses. Those are usually the second biggest expense for a household after housing. Get the housing and transportation expenses locked down and a lot of the rest of this financial stuff just sort of falls out on its own.

Fixed that for you.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3308 on: June 18, 2020, 08:56:12 PM »
The 2015 Toyota Sequoia I'd hoped to buy week after next in Daytona Beach just sold.  It's been on the lot since April and I guess the time was due.  Now the search begins for another like new one at a good price.  There was another one in Tampa that sold last week.   Only frustrating because I could have bought it Monday, had my vacation for this week not been cancelled by my company.  At least we'll be headed over to Florida for the fouth of July.  Not that there will be fireworks this year.  We will be doing some kayaking in addition to the obligatory house chores.  I'm really pissed about my vacation cancellation.  I'm an essential worker.  Hurricanes, pandemics, floods you name it, I've got to be here.  We have hundreds of day workers whom are not currently on site and are at full salary.  They are taking their vacations unhindered.  They don't even need to use their time off, they travel with a laptop and cell phone.  Wow that's great isn't it?  I have 28 years of perfect attendance, never once have I called in sick.  Instead of that loyalty, I'm doing my best to stir discord covertly.  I guess I'm preparing mentally for the soon to come separation.  Thanks to FU-MONEY.
« Last Edit: June 18, 2020, 08:58:52 PM by Bateaux »

JoJoP

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Re: Race from $2M to $4M...and Beyond!
« Reply #3309 on: June 18, 2020, 09:10:00 PM »
@Bateaux, that old Ford truck will keep going for at least another 10-15 years.   Ours is a 1995... still truckin' along.   I try to avoid riding in it as much as I can, because "work truck" is an understatement.   It's busy tonight hauling patio furniture to our newly launched college grad.  Last week, it hauled sand and gravel for the new driveway concrete.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3310 on: June 18, 2020, 09:26:27 PM »
@Bateaux, that old Ford truck will keep going for at least another 10-15 years.   Ours is a 1995... still truckin' along.   I try to avoid riding in it as much as I can, because "work truck" is an understatement.   It's busy tonight hauling patio furniture to our newly launched college grad.  Last week, it hauled sand and gravel for the new driveway concrete.

I plan to keep the F250.  I wanting a bit more luxury when traveling.  It's a gas guzzling SUV and I should do better by the environment.  I however hope to keep the Sequoia when I get one a very long time. 

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3311 on: June 18, 2020, 09:59:49 PM »
I went and walked a mile.  Feel better now.   Time for coffee and bullshit session.

Buffaloski Boris

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Re: Race from $2M to $4M...and Beyond!
« Reply #3312 on: June 19, 2020, 05:15:23 AM »
The 2015 Toyota Sequoia I'd hoped to buy week after next in Daytona Beach just sold.  It's been on the lot since April and I guess the time was due.  Now the search begins for another like new one at a good price.  There was another one in Tampa that sold last week.   Only frustrating because I could have bought it Monday, had my vacation for this week not been cancelled by my company.  At least we'll be headed over to Florida for the fouth of July.  Not that there will be fireworks this year.  We will be doing some kayaking in addition to the obligatory house chores.  I'm really pissed about my vacation cancellation.  I'm an essential worker.  Hurricanes, pandemics, floods you name it, I've got to be here.  We have hundreds of day workers whom are not currently on site and are at full salary.  They are taking their vacations unhindered.  They don't even need to use their time off, they travel with a laptop and cell phone.  Wow that's great isn't it?  I have 28 years of perfect attendance, never once have I called in sick.  Instead of that loyalty, I'm doing my best to stir discord covertly.  I guess I'm preparing mentally for the soon to come separation.  Thanks to FU-MONEY.

Why donít you just find what you like online and have it shipped to you? Itíll cost you a few hundred dollars to transport the vehicle. Thatís what we did with the last vehicle we purchased and it worked out great.

Exflyboy

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Re: Race from $2M to $4M...and Beyond!
« Reply #3313 on: June 19, 2020, 09:03:35 AM »
@Bateaux, that old Ford truck will keep going for at least another 10-15 years.   Ours is a 1995... still truckin' along.   I try to avoid riding in it as much as I can, because "work truck" is an understatement.   It's busy tonight hauling patio furniture to our newly launched college grad.  Last week, it hauled sand and gravel for the new driveway concrete.

Our F250 is from 1989. Thankfully we don't use salt on the roads in Oregon and the thing is ugly and gas guzzling but oh boy can it haul crap!

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3314 on: June 19, 2020, 01:13:21 PM »
It's all good.  Better rested now.  I've got an 84 hour work week facing me and then I'm free for a Florida week. 

pecunia

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Re: Race from $2M to $4M...and Beyond!
« Reply #3315 on: June 19, 2020, 02:01:43 PM »
It's all good.  Better rested now.  I've got an 84 hour work week facing me and then I'm free for a Florida week.

Sounds like poor management.  Sounds like the safety guys ought to have a word with them.  Sounds like it's very good for your stash.  Sounds like you will be helping Uncle Sam with his bills.  Don't let them burn you out.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3316 on: June 19, 2020, 04:57:40 PM »
It's all good.  Better rested now.  I've got an 84 hour work week facing me and then I'm free for a Florida week.

Sounds like poor management.  Sounds like the safety guys ought to have a word with them.  Sounds like it's very good for your stash.  Sounds like you will be helping Uncle Sam with his bills.  Don't let them burn you out.

I'm on cruise control.   My wife says she wants to work till September 2021, she gets a small retirment bonus if she makes it there.  I support whatever she chooses.  Me i plan plan to be hiking the AT by March 1st.   Maybe a little earlier. I may have to work till January 31 to claim my 2021 vacation time.  Should have 6 to 8 weeks to use. Just have to figure out health insurance.  Probably some huge changes coming in health care in general.   

Herbert Derp

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Re: Race from $2M to $4M...and Beyond!
« Reply #3317 on: June 20, 2020, 07:27:03 PM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02

couponvan

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Re: Race from $2M to $4M...and Beyond!
« Reply #3318 on: June 21, 2020, 07:29:48 PM »
@Bateaux, that old Ford truck will keep going for at least another 10-15 years.   Ours is a 1995... still truckin' along.   I try to avoid riding in it as much as I can, because "work truck" is an understatement.   It's busy tonight hauling patio furniture to our newly launched college grad.  Last week, it hauled sand and gravel for the new driveway concrete.

Our F250 is from 1989. Thankfully we don't use salt on the roads in Oregon and the thing is ugly and gas guzzling but oh boy can it haul crap!
Our lottery friends just sold a 2017 with 6k miles on it for $35,000....it was loaded, but the wife had trouble getting into it....so they are getting a new shorter Tundra. I almost sent you the link, but it did sell quick.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3319 on: June 21, 2020, 10:32:07 PM »
@Bateaux, that old Ford truck will keep going for at least another 10-15 years.   Ours is a 1995... still truckin' along.   I try to avoid riding in it as much as I can, because "work truck" is an understatement.   It's busy tonight hauling patio furniture to our newly launched college grad.  Last week, it hauled sand and gravel for the new driveway concrete.

Our F250 is from 1989. Thankfully we don't use salt on the roads in Oregon and the thing is ugly and gas guzzling but oh boy can it haul crap!
Our lottery friends just sold a 2017 with 6k miles on it for $35,000....it was loaded, but the wife had trouble getting into it....so they are getting a new shorter Tundra. I almost sent you the link, but it did sell quick.

I appreciate that thought.  You know my rant and moodiness has little to do witht he actual vehicle.   It's more about the internal struggle of pulling the plug for freedom or not.  Had I retired I could have easily visited Daytona,  a two hour or so ride from our Florida home.   Instead, I'm in Louisiana still working .  Catch 22.  Right now I'm watching people bicycle and kayak all over Florida on Youtube.  I'll be doing that for a week in a week.   I need a tribe to hang out with though.  Mentally trying to transition away from work to play fulltime.   Thanks to the tribe here I'm getting there.
« Last Edit: June 21, 2020, 10:34:18 PM by Bateaux »

Exflyboy

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Re: Race from $2M to $4M...and Beyond!
« Reply #3320 on: June 22, 2020, 10:04:26 AM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

Car Jack

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Re: Race from $2M to $4M...and Beyond!
« Reply #3321 on: June 22, 2020, 01:11:29 PM »
Right now I'm watching people bicycle and kayak all over Florida on Youtube.  I'll be doing that for a week in a week.   

So you're watching the main streets of Miami after a rain storm and at high tide?  (yuk, yuk)

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3322 on: June 22, 2020, 01:26:25 PM »
Right now I'm watching people bicycle and kayak all over Florida on Youtube.  I'll be doing that for a week in a week.   

So you're watching the main streets of Miami after a rain storm and at high tide?  (yuk, yuk)

We're on the Nature Coast of Florida.   Small towns and still a rural lifestyle.  Tampa and Orlando are about 70 miles away to the south and southeast.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3323 on: June 22, 2020, 01:27:45 PM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

He is the rising star.  Knew he'd blow right past me a year ago.

Exflyboy

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Re: Race from $2M to $4M...and Beyond!
« Reply #3324 on: June 22, 2020, 01:41:56 PM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

He is the rising star.  Knew he'd blow right past me a year ago.

I'd say.. just being positive for the year would be nice..:)

2Birds1Stone

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Re: Race from $2M to $4M...and Beyond!
« Reply #3325 on: June 22, 2020, 05:35:03 PM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

He is the rising star.  Knew he'd blow right past me a year ago.

I'd say.. just being positive for the year would be nice..:)

He didn't time the market  😶

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3326 on: June 22, 2020, 08:08:52 PM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

He is the rising star.  Knew he'd blow right past me a year ago.

I'd say.. just being positive for the year would be nice..:)

He didn't time the market  😶

He's been doing this.  He's shared the rise along the way.   Whatever he's doing, it's beyond my level of understanding.

soccerluvof4

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Re: Race from $2M to $4M...and Beyond!
« Reply #3327 on: June 23, 2020, 04:47:00 AM »
Well, I'm up $766K for the year. $1MM in the last twelve months. Wow! Nothing in this year even makes sense anymore.

Spoiler: show
11/23/2012: $45,000.00
08/03/2013: $100,000.00
01/01/2016: $408,896.04
01/01/2017: $617,283.09
06/06/2017: $758,104.40
10/15/2017: $856,488.71
11/18/2017: $929,536.54
11/27/2017: $944,395.35
12/17/2017: $956,928.07
01/01/2018: $968,307.87
01/05/2018: $987,442.11
01/08/2018: $996,215.32
01/09/2018: $998,819.79
01/10/2018: $999,079.24
01/11/2018: $1,003,101.34
02/01/2018: $1,061,732.89
02/28/2018: $1,062,750.48
05/18/2018: $1,149,432.76
06/06/2018: $1,203,026.63
07/11/2018: $1,232,435.26
08/02/2018: $1,269,509.32
09/01/2018: $1,326,015.73
03/05/2019: $1,327,833.14
06/10/2019: $1,462,549.50
07/07/2019: $1,519,162.03
12/14/2019: $1,628,320.78
01/01/2020: $1,705,284.27
02/02/2020: $1,838,397.87
02/13/2020: $1,961,653.87
02/19/2020: $2,000,505.43
04/14/2020: $2,002,087.12
05/09/2020: $2,148,999.11
06/20/2020: $2,471,306.02


Geez.. Are your investing strategies even legal?...:)

He is the rising star.  Knew he'd blow right past me a year ago.

I'd say.. just being positive for the year would be nice..:)

He didn't time the market  😶

He's been doing this.  He's shared the rise along the way.   Whatever he's doing, it's beyond my level of understanding.






Yeah , sharing what your doing to get those kind of increases /returns would be great for the rest of us!

itchyfeet

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Re: Race from $2M to $4M...and Beyond!
« Reply #3328 on: June 23, 2020, 01:24:09 PM »
Another mid year performance review survived. Boss is very happy. Certainly mo severance coming my way.

Long term objectives for growth of the business in my region were discussed and agreed upon.

Lies, lies and more lies.

Iíll be off to the Confessional tonight (if I was catholic).

Herbert Derp

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Re: Race from $2M to $4M...and Beyond!
« Reply #3329 on: June 23, 2020, 02:13:18 PM »
Yeah , sharing what your doing to get those kind of increases /returns would be great for the rest of us!

I think it boils down to two factors:
1. I spend very little and save and invest over 95% of my income, and have done this for about eight years.
2. Historically, I've invested my paycheck into index funds alone. However, I also get a lot of company stock from my employer, and that stock has significantly outperformed the market. Starting last year, I was concerned that I owned too much employer stock so I diversified that stock into some other similar stocks that I am familiar with, which also outperformed the market. For privacy reasons, I am not going to disclose the names of any of these companies.

EscapeVelocity2020

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Re: Race from $2M to $4M...and Beyond!
« Reply #3330 on: June 23, 2020, 03:04:00 PM »
Yeah , sharing what your doing to get those kind of increases /returns would be great for the rest of us!

I think it boils down to two factors:
1. I spend very little and save and invest over 95% of my income, and have done this for about eight years.
2. Historically, I've invested my paycheck into index funds alone. However, I also get a lot of company stock from my employer, and that stock has significantly outperformed the market. Starting last year, I was concerned that I owned too much employer stock so I diversified that stock into some other similar stocks that I am familiar with, which also outperformed the market. For privacy reasons, I am not going to disclose the names of any of these companies.

Well, the S&P500 has returned -3.08% YTD, so you must be saving 95% of a really high income ($800k after tax?) and/or getting a lot of returns from individual stocks.  I seem to recall that you have TSLA which has gone from 443 to 1002 (over 100% return), so I have a feeling that is a big factor...

Herbert Derp

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Re: Race from $2M to $4M...and Beyond!
« Reply #3331 on: June 23, 2020, 04:55:41 PM »
Well, the S&P500 has returned -3.08% YTD, so you must be saving 95% of a really high income ($800k after tax?) and/or getting a lot of returns from individual stocks.  I seem to recall that you have TSLA which has gone from 443 to 1002 (over 100% return), so I have a feeling that is a big factor...

Oh, one thing I did which helped was that I liquidated all of my retirement accounts into cash on 02/24/2020 and then bought back on 05/06/2020.

I had been closely following news related to the virus since January 2020. I was freaking out over the week of 2/22 because that was when the virus first established a significant foothold in a western country (Italy), but the US stock market was at an all-time high. Given that the experts agreed that stopping this virus was like stopping the wind, the market being at an all-time high simply did not make logical sense to me. I felt that it was scientifically inevitable that the virus would spread to the rest of Europe and the USA. I decided to sell everything at the first sign that the stock market was reacting to the virus. I should have sold on 2/21 but I was indecisive and sold on 2/24 instead, after the market had dropped a bit. I totally missed the bottom by the time I bought back in on 5/6, but I think I did OK.
« Last Edit: June 23, 2020, 04:58:12 PM by Herbert Derp »

EscapeVelocity2020

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Re: Race from $2M to $4M...and Beyond!
« Reply #3332 on: June 23, 2020, 07:37:12 PM »
Well, the S&P500 has returned -3.08% YTD, so you must be saving 95% of a really high income ($800k after tax?) and/or getting a lot of returns from individual stocks.  I seem to recall that you have TSLA which has gone from 443 to 1002 (over 100% return), so I have a feeling that is a big factor...

Oh, one thing I did which helped was that I liquidated all of my retirement accounts into cash on 02/24/2020 and then bought back on 05/06/2020.

I had been closely following news related to the virus since January 2020. I was freaking out over the week of 2/22 because that was when the virus first established a significant foothold in a western country (Italy), but the US stock market was at an all-time high. Given that the experts agreed that stopping this virus was like stopping the wind, the market being at an all-time high simply did not make logical sense to me. I felt that it was scientifically inevitable that the virus would spread to the rest of Europe and the USA. I decided to sell everything at the first sign that the stock market was reacting to the virus. I should have sold on 2/21 but I was indecisive and sold on 2/24 instead, after the market had dropped a bit. I totally missed the bottom by the time I bought back in on 5/6, but I think I did OK.

Thatís an awfully useful detail!  I did a similar thing during the GFC (sold my house in 2007 and 401k to cash in 2008).  Bought back in a bit early, kept my job and kept investing, and bought a house at a nice discount in 2009.  Probably why Iím in the Ďand beyondí club.  Certainly not just because I have a decent savings rate.  Savings may give you something to invest, but investment returns are exponential (compounded).

Herbert Derp

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Re: Race from $2M to $4M...and Beyond!
« Reply #3333 on: June 23, 2020, 07:50:26 PM »
That’s an awfully useful detail!  I did a similar thing during the GFC (sold my house in 2007 and 401k to cash in 2008).  Bought back in a bit early, kept my job and kept investing, and bought a house at a nice discount in 2009.  Probably why I’m in the ‘and beyond’ club.  Certainly not just because I have a decent savings rate.  Savings may give you something to invest, but investment returns are exponential (compounded).

The way I see it, any returns I make from stock market bets are multiplicative in nature. The amount of money I can earn from making such bets is directly proportional to the amount of money I was able to save by saving obsessively for almost a decade. So I think that the savings part is the linchpin to all of my success. Without that money that I saved, I couldn't earn anything on the stock market in the first place.

Another important factor is being financially independent and how that relates to my risk tolerance. Once I became financially independent, I started making some "risky" bets on the stock market like trying to time the market for COVID-19 or investing in individual stocks that I believe in. But I always made sure that I could afford to lose any of these bets and still remain financially independent. The upside is that I can make a ton of money from riskier stock market bets. The downside is that I'll still be financially independent anyway. Seems like a lot of upside and not much downside!

One thing that also helps a ton for me is that I have hundreds of thousands of dollars of unrealized capital gains that have been accumulating for years. If I lose money on the stock market, I can realize some of those gains and take a huge tax write-off. Also, despite being comfortably financially independent, I am still employed full-time in my high income job and have no plans to quit for the foreseeable future. Fresh money that I don't really need continues to pour in every month.

Lose a few hundred thousand dollars on the stock market? So what, I'm still financially independent. I'll take an 18% tax write-off on the loss and make the rest back from employment income in less than a year. So it's even less risk than you'd think. Besides, I'm still in my 20s, so now's the time to take some risks, right? That being said, I put a huge amount of thought and research into my investment choices, so don't think that I am taking any of this lightly.

Kind of reminds me of this old topic from years ago:
https://forum.mrmoneymustache.com/welcome-to-the-forum/almost-logical-to-gamble-$50-000-on-red/
« Last Edit: June 23, 2020, 08:09:39 PM by Herbert Derp »

flyingaway

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Re: Race from $2M to $4M...and Beyond!
« Reply #3334 on: June 24, 2020, 10:44:48 AM »
For those in this thread who are ambitiously pushing through "and beyond", have you seriously thought about how to spend (enjoy) the "and beyond" money that you have or will have?

At 56, I sometime felt that I should have done something when I was young and not worried about saving money too much. I am sue that, beyond 65, there will be many things that I may not be able to do (and wish I could or did).

2sk22

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Re: Race from $2M to $4M...and Beyond!
« Reply #3335 on: June 24, 2020, 11:47:56 AM »
For those in this thread who are ambitiously pushing through "and beyond", have you seriously thought about how to spend (enjoy) the "and beyond" money that you have or will have?

At 56, I sometime felt that I should have done something when I was young and not worried about saving money too much. I am sue that, beyond 65, there will be many things that I may not be able to do (and wish I could or did).

Hmm - my household is firmly in the "beyond" category but we sure don't behave like typical people in this bracket:
  • We don't want multiple homes or fancy cars.
  • We don't want a boat
  • We don't particularly enjoy travel - a little bit is ok but not more more than a few days at the most.
  • We don't really eat out a lot.
  • My hobbies are relatively inexpensive.

On the other hand,
  • However, when I do travel internationally, I splurge on business class.
  • I do buy an iPhone every couple of years
  • We do like living near New York City, so living expenses are a bit higher but we can easily afford the higher property taxes..

As I mentioned recently in this topic, I'm increasingly realizing that giving money strategically seems to make me happier than buying stuff.


Much Fishing to Do

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Re: Race from $2M to $4M...and Beyond!
« Reply #3336 on: June 24, 2020, 02:06:45 PM »
For those in this thread who are ambitiously pushing through "and beyond", have you seriously thought about how to spend (enjoy) the "and beyond" money that you have or will have?

At 56, I sometime felt that I should have done something when I was young and not worried about saving money too much. I am sue that, beyond 65, there will be many things that I may not be able to do (and wish I could or did).

Unlike others here we seem to have no problem spending it ;-)  I pushed to FI (based on 4% and a medium budget) as quick as I could, and then as I made more I either put it into other buckets (like fully funding 529s, DAFs, etc) and/or increased our SOL to match a 4% SWR.  This way I fully feel I'm always avail to RE whenever I wish (I'm working much reduced hours anyway) without denying myself anything more than prudence and market history suggests.  (And I never feel I'm spending too much at 4% b/c cutting wouldn't be that much of a burden at this point if it ever came to that)

soccerluvof4

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Re: Race from $2M to $4M...and Beyond!
« Reply #3337 on: June 24, 2020, 03:31:34 PM »
For those in this thread who are ambitiously pushing through "and beyond", have you seriously thought about how to spend (enjoy) the "and beyond" money that you have or will have?

At 56, I sometime felt that I should have done something when I was young and not worried about saving money too much. I am sue that, beyond 65, there will be many things that I may not be able to do (and wish I could or did).

Hmm - my household is firmly in the "beyond" category but we sure don't behave like typical people in this bracket:
  • We don't want multiple homes or fancy cars.
  • We don't want a boat
  • We don't particularly enjoy travel - a little bit is ok but not more more than a few days at the most.
  • We don't really eat out a lot.
  • My hobbies are relatively inexpensive.

On the other hand,
  • However, when I do travel internationally, I splurge on business class.
  • I do buy an iPhone every couple of years
  • We do like living near New York City, so living expenses are a bit higher but we can easily afford the higher property taxes..

As I mentioned recently in this topic, I'm increasingly realizing that giving money strategically seems to make me happier than buying stuff.





same , except we do have a boat and have 4 kids that somehow were always paying something out for!

Buffaloski Boris

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Re: Race from $2M to $4M...and Beyond!
« Reply #3338 on: June 24, 2020, 04:41:57 PM »
For those in this thread who are ambitiously pushing through "and beyond", have you seriously thought about how to spend (enjoy) the "and beyond" money that you have or will have?

At 56, I sometime felt that I should have done something when I was young and not worried about saving money too much. I am sue that, beyond 65, there will be many things that I may not be able to do (and wish I could or did).

The goal is to purchase freedom for my children, my childrenís children, and so on. See Nikiís cogent observation below. Thatís part of the reason I donít have a number; thereís really no point.

There isnít a whole lot Iím yearning to do that costs all that much. A ski chalet would be nice though. :-p
« Last Edit: June 24, 2020, 04:46:44 PM by Buffaloski Boris »

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3339 on: June 24, 2020, 05:43:08 PM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020. 

Buffaloski Boris

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Re: Race from $2M to $4M...and Beyond!
« Reply #3340 on: June 24, 2020, 07:05:14 PM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting? 

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3341 on: June 24, 2020, 08:43:22 PM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

I set a number at 2.5 million, not including real estate and other crap.  This morning the number had reached 2.425 most would have goosebumps of joy.  I had goosebumps of fear!   Typical OMY syndrome.  Hell the goal was 1.5 million once.  Poverty level, even here in the south.  Besides, after 28 years with the same company what could be more comfortable than going to work?  They really don't want me to leave.  We all get along well these days.

GreenEggs

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Re: Race from $2M to $4M...and Beyond!
« Reply #3342 on: June 24, 2020, 09:14:37 PM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

I set a number at 2.5 million, not including real estate and other crap.  This morning the number had reached 2.425 most would have goosebumps of joy.  I had goosebumps of fear!   Typical OMY syndrome.  Hell the goal was 1.5 million once.  Poverty level, even here in the south.  Besides, after 28 years with the same company what could be more comfortable than going to work?  They really don't want me to leave.  We all get along well these days.




If I was employed I would stick around & keep getting paid until there is an end to C-19 in sight.  There's nowhere to go and nothing to do & we have no idea where the economy is headed.  But on the other hand, if you're looking forward to just chilling out at home with nothing to do while you just mentally & physically unwind from the pressures of your career now might be the perfect time.


Flip a coin if you need to. 

Buffaloski Boris

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Re: Race from $2M to $4M...and Beyond!
« Reply #3343 on: June 25, 2020, 04:32:44 AM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

I set a number at 2.5 million, not including real estate and other crap.  This morning the number had reached 2.425 most would have goosebumps of joy.  I had goosebumps of fear!   Typical OMY syndrome.  Hell the goal was 1.5 million once.  Poverty level, even here in the south.  Besides, after 28 years with the same company what could be more comfortable than going to work?  They really don't want me to leave.  We all get along well these days.
If youíre happy, then why are you pushing yourself to retire?

We tend to idealize this idea of leaving work and living a life of relative leisure or hobbies or what have you. Problem is that people who are driven to meet those economic goals that allow them to retire early or even retire at all are often happiest and most fulfilled when theyíre working. So why fix something that ainít broke?

Isnít the essence of being FI expanding our personal freedom from being in a position of economic strength?

Oh and I agree. $2.5 mil is a paupers stash in LA. I hope youíve picked out the dumpsters youíll be diving with that pittance. :-p


flyingaway

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Re: Race from $2M to $4M...and Beyond!
« Reply #3344 on: June 25, 2020, 06:56:57 AM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

It is difficult to make a decision to retire, especially if that is a one-way ticket.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3345 on: June 25, 2020, 06:32:26 PM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

It is difficult to make a decision to retire, especially if that is a one-way ticket.

It is a one way ticket.  Something I watched has helped move me along.  It's a very well done documentary of the Pacific Crest Trail.

               https://www.youtube.com/c/ElinaOsborne                     

soccerluvof4

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Re: Race from $2M to $4M...and Beyond!
« Reply #3346 on: June 26, 2020, 04:57:59 AM »
Just calculated the amount of paid time off and vacation time I'll have including the remaining 2020 and 2021 years.  512 hours total.  Debating if that's enough freedom to stretch out 2021 or just burn it all between now and early next year.  With my schedule, I can use 24 hours of vacation time for a week off once a month.  It's like being 1/4th retired.  This is a possible strategy if 2021 is as screwed up as 2020.

Iím in a feisty mood so Iíll ask: so whatís keeping you from pulling the plug?  Do you not wish to retire? Thatís really a perfectly good choice if working at what you do is what makes you happy. And itís a reason I personally understand: I happen to like my job. The siren song of more time with family or doing something different is tempting, but I suspect Iíd be happy to continue working as well.

Iím also curious as whether you think having ď a numberĒ is helping or hurting?

It is difficult to make a decision to retire, especially if that is a one-way ticket.

It is a one way ticket.  Something I watched has helped move me along.  It's a very well done documentary of the Pacific Crest Trail.

               https://www.youtube.com/c/ElinaOsborne                     



Being Fire'd after watching that video if I had good knees I'd be gone! :-) Love it! I walk alot on good days and am going to try and go on a 4 day hike with my oldest son this fall but something a little easy and closer to home because I dont want to get on a plane right now because of my knees etc..

As you know , no one can tell you what to do and you have put yourself in a great position so when the time is right you'll just  do it and I doubt you will ever look back.

itchyfeet

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Re: Race from $2M to $4M...and Beyond!
« Reply #3347 on: June 26, 2020, 12:23:25 PM »
There was a time, maybe 10 years ago that I was obsessing about hiking the PCT.

I would make my DW do 35-40km day hikes back home in Australia to see what it was like to walk so far. I tell you what, it makes you hungry! We also searched out overnight hikes for long weekends. But that had always been a part of my life.

I bought all the microlight gear and read loads of PCT trail journals. I have 4 ultra light tents. Haha.

I even had a spreadsheet with a full plan for breaks from trail and resupply points,

But at the time I just couldnít afford to stop work. My career was at a pivotal point and I wanted to capitalise.

10 years on and the motivation is not so strong. I am certainly no longer in the shape to hike the PCT. I have really let myself go these past years.

DW and I do plan to walk the Camino, however, once we FIRE, which will be soon. A long walk of a very different type, and much shorter of course.

If that goes well, and I recover good conditioning, then maybe the drive to be in the woods for 4 months might return.

Watching that video of the PCT really rammed home to me how fleeting youth is, and I really need to find a way to accept that what we have saved is ďenoughĒ so I can pursue such epic adventures before there is no more time left.

Bateaux

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Re: Race from $2M to $4M...and Beyond!
« Reply #3348 on: June 26, 2020, 01:00:01 PM »
There was a time, maybe 10 years ago that I was obsessing about hiking the PCT.

I would make my DW do 35-40km day hikes back home in Australia to see what it was like to walk so far. I tell you what, it makes you hungry! We also searched out overnight hikes for long weekends. But that had always been a part of my life.

I bought all the microlight gear and read loads of PCT trail journals. I have 4 ultra light tents. Haha.

I even had a spreadsheet with a full plan for breaks from trail and resupply points,

But at the time I just couldnít afford to stop work. My career was at a pivotal point and I wanted to capitalise.

10 years on and the motivation is not so strong. I am certainly no longer in the shape to hike the PCT. I have really let myself go these past years.

DW and I do plan to walk the Camino, however, once we FIRE, which will be soon. A long walk of a very different type, and much shorter of course.

If that goes well, and I recover good conditioning, then maybe the drive to be in the woods for 4 months might return.

Watching that video of the PCT really rammed home to me how fleeting youth is, and I really need to find a way to accept that what we have saved is ďenoughĒ so I can pursue such epic adventures before there is no more time left.

I would love to hike the Camino with my wife.  She is having knee replacement next month.  She's tough, a former marathoner and Ironman.  Hopefully once the world is normal again the Camino is an option for her.  I plan to do a two week section of the AT in October, burning away some of that 512 hours of time I'll lhave off. I'm mentally back to attempt FIRE early next year.  Get back in shape and do the PCT 2022 with me.  I'm a slow climber coming from the Louisiana swamps.

pecunia

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Re: Race from $2M to $4M...and Beyond!
« Reply #3349 on: June 26, 2020, 02:58:42 PM »
I love this enthusiasm.  It's rubbing off.