Author Topic: Race from 10 to 100k!!  (Read 825736 times)

Dave15

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Re: Race from 10 to 100k!!
« Reply #2950 on: June 01, 2020, 07:51:22 AM »
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62 
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00

Thanks for the encouragement @DieHard_772 @TyGuy !

Had to replace the joint car for another one due to problems in it's electronics, almost lasted five years. The replacement was €3500, so my half of that almost wiped out my vacation pay. Currently checking if our holiday plans are still viable: after thinking for months it would by a certain no-go, the region seems to be opening up next week. Possibly some time off in july then, almost surreal.
« Last Edit: June 01, 2020, 08:01:46 AM by Dave15 »

mckaylabaloney

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Re: Race from 10 to 100k!!
« Reply #2951 on: June 01, 2020, 07:56:02 AM »
Hi everyone! Thrilled to be joining you today from the 10k thread.

I graduated from law school 6 years ago with around $225,000 in debt and no assets to speak of other than a few thousand bucks in a Roth IRA. For various reasons, I made very little progress during my first three years out of law school -- then, in 2017, I started working at a firm and tracking my numbers, starting at approximately $198k in the hole. Since then, I have paid off a decent chunk of the debt, but I've prioritized saving in my tax-advantaged retirement accounts first. I also bought a house. Today, I still have $130k of student loans, but I also have $107k in retirement accounts, plus home equity and an emergency fund. In total, my net worth is:

$19,606.73

Optimiser

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Re: Race from 10 to 100k!!
« Reply #2952 on: June 01, 2020, 08:59:39 AM »

Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800

May 2020 $59,400

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #2953 on: June 01, 2020, 10:05:17 AM »
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157

May 2020 - $38,540

And somehow I am back up and past my highest point, even despite the world.  Can't wait to hit the 40s!!

Imma

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Re: Race from 10 to 100k!!
« Reply #2954 on: June 01, 2020, 10:59:16 AM »
Yay @mckaylabaloney it's so great to see more 10k graduates here! Like @LittleWanderer I believe - I'm not at my highest net worth ever, but after today's gains my investments are at it's highest ever.

I haven't seen @Manchester and @Hirondelle for a while I think, how are you guys doing?
« Last Edit: June 01, 2020, 11:01:47 AM by Imma »

Trifele

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Re: Race from 10 to 100k!!
« Reply #2955 on: June 01, 2020, 11:29:27 AM »
Congrats @JCGreen and @Tass for crossing the $50k mark!  More than halfway there! 

And welcome to all the recent graduates from the Race to $10k thread.  Great job everyone! 

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2956 on: June 01, 2020, 01:49:57 PM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0


Optimiser

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Re: Race from 10 to 100k!!
« Reply #2957 on: June 01, 2020, 03:50:01 PM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Oh, I didn't even know about this! I went back and filled in my numbers from when I was in the Race to Positive Net Worth, and Saving to $10K threads.

edit: Maybe I shouldn't have done that. Does that throw off my stats for the Graduates tab?
« Last Edit: June 01, 2020, 03:53:03 PM by Optimiser »

scapegote

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Re: Race from 10 to 100k!!
« Reply #2958 on: June 01, 2020, 08:30:26 PM »
Thought I'd jump in and join this thread. I've read it pretty consistently for motivation. Work just announced some belt-tightening that's got me a bit down, but I know it'll be a marathon for me either way.

May 31, 2020: $13,889.71


Tass

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Re: Race from 10 to 100k!!
« Reply #2959 on: June 01, 2020, 09:00:30 PM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

I also really liked it! So fun to see everyone's numbers going up together. Thanks!

Trifele

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Re: Race from 10 to 100k!!
« Reply #2960 on: June 02, 2020, 03:42:12 AM »
Thought I'd jump in and join this thread. I've read it pretty consistently for motivation. Work just announced some belt-tightening that's got me a bit down, but I know it'll be a marathon for me either way.

May 31, 2020: $13,889.71

Welcome @scapegote!  Even if it takes you a long time to 100k (as it did for me) you'll get there!  And you're in great company.

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #2961 on: June 02, 2020, 06:04:53 AM »
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k

6-01-20        19255    66.5k
Not going to complain...

haypug16

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Re: Race from 10 to 100k!!
« Reply #2962 on: June 02, 2020, 09:04:30 AM »
I haven't updated since February!

May 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/29/2020 $33,536.65
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08

Some ups and downs there but I'm happy to say I'm continuing to pay down debt and invest as I have been. Nice to make it over $40k too :)

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2963 on: June 02, 2020, 09:57:24 AM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Oh, I didn't even know about this! I went back and filled in my numbers from when I was in the Race to Positive Net Worth, and Saving to $10K threads.

edit: Maybe I shouldn't have done that. Does that throw off my stats for the Graduates tab?

The Graduates tab is manual entry(except the last two columns) when you have completed it. So you can put what ever you would like as your start dates/network for this thread

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2964 on: June 02, 2020, 12:29:07 PM »
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157

May 2020 - $38,540

And somehow I am back up and past my highest point, even despite the world.  Can't wait to hit the 40s!!

@LittleWanderer Yeah!  Love it. Way to go

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2965 on: June 02, 2020, 12:30:33 PM »
I haven't updated since February!

May 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/29/2020 $33,536.65
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08

Some ups and downs there but I'm happy to say I'm continuing to pay down debt and invest as I have been. Nice to make it over $40k too :)

@haypug16 Hello again!  Nice to see you, and great job in making progress!

"Slow and steady wins the race," that's my motto.  Onward we go... Congrats

Slanhirn

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Re: Race from 10 to 100k!!
« Reply #2966 on: June 03, 2020, 06:27:33 AM »
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)

Assets = £73,753
Student loans = (£3,199)

Making 50% salary for the next few months so won't be progressing much this year unless the market moves up. 

Treedream

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Re: Race from 10 to 100k!!
« Reply #2967 on: June 03, 2020, 10:54:11 AM »
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest.

31/05/2020: €21.280,05

Good increase due to holiday payment this month. Will see how things go from here, as I have quit my job.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2968 on: June 03, 2020, 11:45:54 AM »
Hi everyone, I just graduated for the 10k thread. There I was just counting my invested cash as I was getting started. For this one I might include pension value and company shares as they'd be part of my stache. I'll leave my home and cash etc for my annual net worth tracking I think, want to keep it simple for monthly updating. Will probably mean I start over 50k but that's ok :)

Welcome aboard, @Gingersnaps !

eav

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Re: Race from 10 to 100k!!
« Reply #2969 on: June 05, 2020, 07:00:18 AM »
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147

It doesn't feel real how quickly things have rebounded, but I'll take it! Part of this month's increase is from an ESPP purchase.

lexde

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Re: Race from 10 to 100k!!
« Reply #2970 on: June 05, 2020, 08:19:30 AM »
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)

06/05/2020: $95,094.67 (+$5,162.75)

Market rally, I guess. I’m happy to clear 90k in June, looks like I may hit $100k by mid-July. July is also a 3-paycheck month for me, which is great.

I haven’t been spending money on nearly anything this year, besides some eating out and vet stuff. Makes for a very boring life story, but good for retirement saving.

Icecreamarsenal

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Re: Race from 10 to 100k!!
« Reply #2971 on: June 05, 2020, 08:47:17 AM »
I've graduated from NW 1MM but most of my nw is tied up in real estate, and who really knows what that stuff is worth in this era.
I'm going to use this thread to hold my post-tax account accountable.

5/3/20: 64k

6/4/20: 595k
It's been a wild and scary ride with options in $C, $TSLA, $FLIR, and $DKNG, to name a few.  Gonna go back to conservative MMM mode.

arob54600

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Re: Race from 10 to 100k!!
« Reply #2972 on: June 05, 2020, 10:16:12 AM »
I haven't been on here in a while! I guess I became a mom and all the tracking fell by the wayside.
Originally, I was tracking by myself, but since I don't plan on retiring alone, I am going to start tracking my husband's money too.

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521
June 2020-100,970

We made it! Thank you to this wonderful community throwing big goals out there for regular people.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2973 on: June 05, 2020, 12:59:43 PM »
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)

06/05/2020: $95,094.67 (+$5,162.75)

Market rally, I guess. I’m happy to clear 90k in June, looks like I may hit $100k by mid-July. July is also a 3-paycheck month for me, which is great.

I haven’t been spending money on nearly anything this year, besides some eating out and vet stuff. Makes for a very boring life story, but good for retirement saving.

@lexde Nice job on passing $95k! I feel you on the "boring life story" thing, though to me financial well-being is hardly boring!  However... maybe you can find something fun to do.  We need to enjoy ourselves too ;)

Yee haw, good job

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2974 on: June 05, 2020, 01:00:56 PM »
I haven't been on here in a while! I guess I became a mom and all the tracking fell by the wayside.
Originally, I was tracking by myself, but since I don't plan on retiring alone, I am going to start tracking my husband's money too.

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521
June 2020-100,970

We made it! Thank you to this wonderful community throwing big goals out there for regular people.

@arob54600 Nice job!  Congrats

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2975 on: June 05, 2020, 01:01:42 PM »
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147

It doesn't feel real how quickly things have rebounded, but I'll take it! Part of this month's increase is from an ESPP purchase.

@eav Nice!  You're so close

lexde

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Re: Race from 10 to 100k!!
« Reply #2976 on: June 05, 2020, 01:09:23 PM »
@lexde Nice job on passing $95k! I feel you on the "boring life story" thing, though to me financial well-being is hardly boring!  However... maybe you can find something fun to do.  We need to enjoy ourselves too ;)

Yee haw, good job
Absolutely, and I’m thankful for it! I do need to find some free or cheap activities soon, though!

Between my dog being very sick and not being able to leave her unattended, and the pandemic, we just haven’t gotten out much. She’s healing though, so we should return to some sort of normal soon. :-)

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2977 on: June 06, 2020, 04:34:58 PM »
Hey all,

I just felt like saying this:  I know we are all committed to our growing NW passing SIX FIGURES.  Believe me, I'm as excited about this as you are.  Yet, though I am really enjoying the ride up (and the recent stock market growth), I'm also not attaching to it... because after all, it could change significantly next week, as we all know.

Instead of being attached, I figure, I just want to REACH each milestone, which helps gradually shift my new normal.  You know, so now that we have reached $70k, I am adjusting to that as the new normal.  Not too long ago, $30k was the normal.  If/when another crash happens, we'll ride it out, knowing that eventually our NW will grow back to what it was and soon expand beyond it.

This is allowing me to enjoy the ride, delighting in each new plateau, but not needing to control the stock market to be happy!  :)

I figure, just because I don't know what will happen next, or whether my portfolio will keep going up or whether the market will take it down in the short run, I still feel that it is valid (and important!) to celebrate the wins along the way.

I mean, you don't have to stay at the top of the mountain to have enjoyed the view.  Each time you reach a new plateau, you can forever say you got there, and if something happens to take off that plateau, you can look forward to getting there again (and then blowing right passed it).   No matter what happens next in the market, we are all getting used to having more and more in our stash.  And in the long run, more and more abundance becomes the new normal, so we are likely to maintain and grow that.

In the long run, it's good news all around :)

Keep up the good work!
« Last Edit: June 06, 2020, 04:36:37 PM by DieHard_772 »

TyGuy

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Re: Race from 10 to 100k!!
« Reply #2978 on: June 07, 2020, 09:32:08 AM »
@Gingersnaps @mckaylabaloney @scapegote Welcome to the thread, and anyone else who I may have missed that recently arrived. New faces bring new energy to an already great group of folks! Keep up the savings!!

TyGuy

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Re: Race from 10 to 100k!!
« Reply #2979 on: June 07, 2020, 09:49:06 AM »
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
06/05/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)

Big increase in net worth this month, even after paying some of the early closing cost on a new home this month. I expect a drop in net worth this next month as I will be closing on a house and the money will be going towards the down payment. This money will not be lost as it will become equity, but I will not be tracking it in my overall net worth. Excited to finally have my own home and it will serve as further motivation to keep my savings rates high!

okcisok

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Re: Race from 10 to 100k!!
« Reply #2980 on: June 08, 2020, 07:11:10 PM »
@lexde, thanks for the reminder about July being a three paycheck month!

Net worth currently at $96,135.33

I haven't tracked with the diligence of other posters, but I was at about $0.00 3 years ago when I found MMM and Frugalwoods. My income has ranged from $45k to $73k in that time period (commissioned sales and some job changes).
My goal is to spend as little as possible in the next 6 weeks so that I can pass $100k and graduate to the next thread. I do have some planned spending that will take it right back down in August, but I'd still like to see that number for a while

Trifele

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Re: Race from 10 to 100k!!
« Reply #2981 on: June 09, 2020, 05:22:03 AM »
Net worth currently at $96,135.33

@okcisok you're so close!!!!   

I think of you every time I look at my FIRE coloring page (borrowed your idea in 2018 to color in a bit each day until the big day).  Are you doing anything similar as you work toward getting over this hurdle?   

kaposzta

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Re: Race from 10 to 100k!!
« Reply #2982 on: June 09, 2020, 07:52:29 AM »
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)

The panic after the virus decimated my net worth (literally, I saw an almost 10% drop). The reason for huge loss is that I had around 1/3 of my portfolio in a risky ETF that mainly invested in oil (yeah, I know) and suffered a 30% drop. To rub more salt into the wound, I kept buying this ETF when I thought the time had come (at -10%). Fortunately, later I could buy more when the price reached the bottom, so at least some of my investments is in the black.

On the plus side (if there's any plus side of this virus) I spent much less in the last 3 months than in previous year (by 10%, 25%, 25%, respectively), reaching a 70% SHR (75% with bonus received in April). Basically, I spent money only on meal orders, groceries, ice cream, pastries and coffee :)

I sold 2 domains for $400 and $1500 in March and April, latter was a lease so I got a steady $100 revenue for 1.5 years. No other sale since the beginning of April, I guess this is the effect of the recession.



Rosy

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Re: Race from 10 to 100k!!
« Reply #2983 on: June 09, 2020, 08:45:40 AM »
GOAL: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017
       
$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020

Going forward
I will show the current breakdown - for more clarity in each EOM accounting snapshot.

$70K Total Savings:
$60K  - CD - goal is to reach $75K by EOY 2020 - still need $15K
$  3K  - CD - goal reached:)
***********************************
$  7K  - EF - liquid cash - goal is to always have a min of $4K+ - will fluctuate - goal reached:)

Notes:
June figures incl $110 extra from credit card rewards points and $100 extra savings this month.


***Projected for July $72,8K***

« Last Edit: June 09, 2020, 09:44:57 AM by Rosy »

jps

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Re: Race from 10 to 100k!!
« Reply #2984 on: June 09, 2020, 09:41:20 AM »
Thought I would introduce myself to the challenge, thanks to a tip from @JCGreen .

Have investments totaling ~$45,000 between DW and I, split in a few Roth IRA's and a 401k.

I haven't seen anyone else mention, so I'll ask - I'm not including any equity in my home, right? Purchased for $248K and have $168K in equity, but I'm not counting that as part of my NW for SWR calculations.

Hope to be able to make some serious headway here and reach this goal by 12/2020!

As of 6/1/2020, we are at $93K invested. I totally forgot that I had posted here a year ago. Honestly, I thought that hitting 100K by 12/2020 would be a long shot when I posted it, but I'll hit it in another month. INSANE. I can't believe how well it works just to be on autopilot - we have our automatic investments every month, and I haven't even thought about it in, well, like a year, judging by my last post.

Just wanted to say keep at it everyone!

Rosy

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Re: Race from 10 to 100k!!
« Reply #2985 on: June 09, 2020, 10:28:58 AM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks @bcbaseballman - since I'm not good with spreadsheets I really appreciate this.

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2986 on: June 09, 2020, 01:45:36 PM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks @bcbaseballman - since I'm not good with spreadsheets I really appreciate this.

You are Welcome @Rosy feel free to go in and fill out the rest of this year if you want to know your percentages from year to date. just fill out on the right side of the sheet. don't change anything on the left side!

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2987 on: June 11, 2020, 09:16:24 PM »
..A silver lining to  today's market drop...
We "lost" (on paper, that is) somewhere in the neighborhood of $2000 today.

It feels fantastic that we have enough money invested to say that ;)

Onward... no matter what!

FIRE_guy

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Re: Race from 10 to 100k!!
« Reply #2988 on: June 14, 2020, 10:35:52 AM »
So close!


1/1/2019   $58,510.45
2/1/2019   $57,956.00
3/1/2019   $64,999.54
4/1/2019   $67,995.31
5/1/2019   $67,087.75
6/1/2019   $68,470.09
7/1/2019   $75,814.13
8/1/2019   $79,447.74
9/1/2019   $79,958.65
10/1/2019   $82,594.49
11/1/2019   $86,949.23
12/1/2019   $88,888.31
1/1/2020   $92,576.18
2/1/2020   $93,078.86
3/1/2020   $94,480.94
4/1/2020   $86,361.09
5/1/2020   $87,837.39
6/1/2020   $97,928.35

jdhansen

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Re: Race from 10 to 100k!!
« Reply #2989 on: June 14, 2020, 12:59:10 PM »
 New Graduate from the Race to 10K thread here.  Want to thank @Trifele @Bettersafe @TyGuy @DieHard_772 and @SwordGuy for the good wishes and congratulations at my graduation.  There is no way we would have accomplished our goals without the support of that thread.

When DW and I started our goal was to get out of debt and back to saving for our futures.  Now that the debts are gone we thought we could add back in all the previous savings we had done over the prior years for retirement before we changed our ways.

6/14/2020  $50,099

I look forward to joining everyone on the next leg of the race and supporting everyone as we make this journey together.

Evasion

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Re: Race from 10 to 100k!!
« Reply #2990 on: June 14, 2020, 10:56:19 PM »
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 February 2020 - 76,452
1 April 2020 - 71,465
15 April 2020 - 77,936
15 May 2020 - 80,396
1 June 2020 - 86,248
15 June 2020 - 85,996

Obviously I never enjoy going backwards, but not too unhappy with this one. Invested a little extra in the dip, splurged a fair bit, which means flat net worth. That's okay considering the previous big jump.
90k before EOFY will be complicated but I should come very close at least.

Manchester

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Re: Race from 10 to 100k!!
« Reply #2991 on: June 15, 2020, 04:58:30 AM »
Yay @mckaylabaloney it's so great to see more 10k graduates here! Like @LittleWanderer I believe - I'm not at my highest net worth ever, but after today's gains my investments are at it's highest ever.

I haven't seen @Manchester and @Hirondelle for a while I think, how are you guys doing?

Hey @Imma - All good (if not still a bit strange) here.

I've not made much progress financially as I'm furloughed and losing out on a few hundred £'s per month.  Before May payday I'd increased my N/W by £700 which I'm very happy with - but attribute mostly to markets bouncing back.  Not expecting much this month either, but really enjoying being furloughed, reduced work-related stress.  I've completely tuned out of the news, reducing social media, not using my laptop as much and my head feels very clear!  It's reinforced my desire to FIRE.

My wedding has been postponed from the end of July until March 21.  On the bright side, it gives us an extra 7 paydays before, so the wedding really shouldn't affect our cash flow.  We've decided against a honeymoon abroad and instead plan on visiting Scotland and staying in the same place where we became engaged.

We've also done a hell of a lot of work in the house/garden.  We've still got a few jobs we need to pay to have done, like new interior doors throughout.  I wanted to give it a go myself, but looking through the various youtube tutorials I just don't have the right equipment or skill-set to do it.  I didn't realise how expensive joiners were though!

How are you?  Are The Netherlands still badly affected by the pandemic or are things returning to normal there?  My family in Greece are quite comfortable now, bars and cafes have re-opened and they're allowed back to the Islands from Athens, so they can sit by the beach all day - not that I'm jealous or anything.
« Last Edit: June 15, 2020, 06:00:11 AM by Manchester »

Trifele

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Re: Race from 10 to 100k!!
« Reply #2992 on: June 15, 2020, 05:10:35 AM »
New Graduate from the Race to 10K thread here. 

Welcome @jdhansen!  Loads of recent 10k grads here.  Onward!

Imma

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Re: Race from 10 to 100k!!
« Reply #2993 on: June 15, 2020, 06:58:22 AM »
@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

We've flattened the curve since March, there are now only a handful of new cases every day. Schools, bars and restaurants are open again. It looks like Covid-19 was going around under the radar in my part of the country for about a month before the official first case. No idea how that happened but it explains the huge amount of cases in my hometown early in March. But as soon as the government finally started acting, the infection rate slowed down very much. Daily life feels very normal here now. Is that also the case in Manchester? I've got friends in London who still talk about empty shelves in stores and long lines. That doesn't happen here anymore.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #2994 on: June 15, 2020, 09:52:40 AM »
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.


Imma

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Re: Race from 10 to 100k!!
« Reply #2995 on: June 15, 2020, 12:25:36 PM »
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #2996 on: June 15, 2020, 01:47:30 PM »
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

Definitely Dutch 😏

Imma

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Re: Race from 10 to 100k!!
« Reply #2997 on: June 15, 2020, 02:22:44 PM »
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

Definitely Dutch 😏

Yay! There are about 5 of us in this thread and there's a special Dutch language thread too in case you have any specific questions. We're a small country but it seems mustaches are popular here.

Manchester

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Re: Race from 10 to 100k!!
« Reply #2998 on: June 16, 2020, 06:26:00 AM »
@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

We've flattened the curve since March, there are now only a handful of new cases every day. Schools, bars and restaurants are open again. It looks like Covid-19 was going around under the radar in my part of the country for about a month before the official first case. No idea how that happened but it explains the huge amount of cases in my hometown early in March. But as soon as the government finally started acting, the infection rate slowed down very much. Daily life feels very normal here now. Is that also the case in Manchester? I've got friends in London who still talk about empty shelves in stores and long lines. That doesn't happen here anymore.

Wow sound's like you're smashing it - and I'm definitely going to refer to you as Imma 'bouquet' moving forward.

I agree with you.  If life carried on like this I'd be very happy (but that's very easy to say having not been affected by the virus).

I definitely think that COVID-19 was prevalent across Europe in February.  I know so many people who've had terrible flu in Feb and early March, but were never tested for COVID-19.  They're starting to roll out antibody tests here so people can see if they've had the virus or not.  They ran a study last month and found roughly 1 in 4 people in London had caught it and around 1 in 20 throughout the rest of the UK.  In urban areas like Manchester, they estimate it was more like 1 in 8, but the numbers were skewed by more remote areas where the virus is less likely to spread.  IMO the British government have handled the outbreak terribly.  With hindsight, we should have gone into lockdown weeks earlier and tens of thousands of lives should have been saved. 

Life is returning to normal here.  Legally we can now visit non-essential stores on the high street (if it's possible to keep a 2m distance whilst inside).  We can have friends around to visit in the garden etc.  Most people are being sensible and adhering to the rules, but over the past few weeks, Manchester has had 2 or 3 large scale BLM protests (one with easily over 100k attendees) a BLM counter-protests (still trying to get my head around why anyone would attend something like that).  We had 3 illegal raves on Saturday attracting over 7k people - and now our 'R-rate' is over 1, which means COVID is increasing in Manchester rather than decreasing.  We're being threatened with further lockdowns, but implementing restrictions will be very difficult as the public is growing increasingly tired of the constraints. 

We still don't have bars, pubs, restaurants, cafes etc yet.  Even though it's behind closed doors our football is back tomorrow and I'll be watching City in my dad's back garden (assuming we don't have another storm like last night) :')

Serendip

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Re: Race from 10 to 100k!!
« Reply #2999 on: June 18, 2020, 08:14:40 AM »
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks for the reminder--I loved this spreadsheet (although 2020 has NOT been a prime saving year for me)
 
« Last Edit: June 18, 2020, 08:39:18 AM by Serendip »