Author Topic: Race from 500k to 1M!  (Read 702790 times)

OurTown

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Re: Race from 500k to 1M!
« Reply #1550 on: February 28, 2020, 02:43:38 PM »
6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664
3/1/19 = $682
4/1/19 = $691
5/1/19 = $708
6/1/19 = $702
7/1/19 = $731
8/1/19 = $737
9/1/19 = $736
10/1/19 = $746
11/1/19 = $761
12/1/19 = $781

1/1/20 = $809
2/1/20 = $824
3/1/20 = $806

Dude, you're going the wrong way!

Arbitrage

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Re: Race from 500k to 1M!
« Reply #1551 on: February 28, 2020, 02:53:38 PM »

2/1/20 = $824
3/1/20 = $806

Dude, you're going the wrong way!

If you only lost 18k this month out of over $800k, I think you did pretty darn well.  I'll tally mine up this weekend, but I'm expecting to be down close to $100k from the peak, perhaps $80k on the month, and I'm not even 100% stocks.  Will have to decide whether or not to officially rejoin this thread from the wrong direction.

salt cured

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Re: Race from 500k to 1M!
« Reply #1552 on: February 29, 2020, 07:34:52 AM »
Down $49k in 10 days lol

11/30/19: $496k
12/31/19: $524k
01/31/20: $533k
02/29/20: $507k

ender

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Re: Race from 500k to 1M!
« Reply #1553 on: February 29, 2020, 08:26:56 AM »
Do NOT log into your investments right now. If you're committed to stay the course--and a 10% downturn should be part of that course--don't even tempt yourself into selling. GL

Hah, I told my wife yesterday since we're buying a house now too that our net worth is going to drop a ton these few months - the way I report our house on mint.com is to put it in as sale price - 7%, so if you buy a $100k house it shows up as $93k for tracking purposes.

Between that in a month or so and the market fluctuations... gonna be a "fun" month of net worth lol!

fattest_foot

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Re: Race from 500k to 1M!
« Reply #1554 on: February 29, 2020, 09:46:27 AM »
12/2014: $97,686
12/2015: $129,157
12/2016: $206,179
12/2017: $317,990

1/2018: $341,983
2/2018: $333,875
3/2018: $328,485
4/2018: $338,787
5/2018: $353,747
6/2018: $361,028
7/2018: $381,336
8/2018: $402,486
9/2018: $408,560
10/2018: $383,538
11/2018: $397,907
12/2018: $366,214

1/2019: $403,773
2/2019: $423,854
3/2019: $435,590
4/2019: $455,332
5/2019: $439,288
6/2019: $471,706
7/2019: $483,830
8/2019: $479,814
9/2019: $494,165
10/2019: $512,168
11/2019: $537,136
12/2019: $557,416

1/2020: $562,839

2/2020: $523,480

monarda

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Re: Race from 500k to 1M!
« Reply #1555 on: February 29, 2020, 10:17:26 AM »
             cash+rental equity  add primary residence equity
1/2016      $507K                $627K
1/2017      $625K                $797K
9/2017      $784K                $904K
12/2017    $762K                $903K  begin remodeling primary residence
3/2018     $725K                 $866K
6/2018     $763K                 $910K 
9/2018     $830K                 $945K   
12/2018   $821K                 $964K   
3/2019     $833K                 $977K
6/2019     $820K                 $953K   
9/2019     $832K                 $977K  Closed on the rental house!
12/2019   $818K                 $965K  Passed final inspection on our remodel.
1/2020     $836K                 $996K     
2/2020     $845K                 $996K 
2/7/2020  $853K               $1004K  !! yay!! big day for a stock I own.

2/29/2020  $843K         $991K

1MM dates     sometime in mid- 2022         sometime between now and 6/2020

dandypandys

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Re: Race from 500k to 1M!
« Reply #1556 on: March 01, 2020, 07:03:25 AM »
2017
Jan 1st: 252k
Dec 4th 322.5k   

2018
Jan 1st:316.5k     64.5k up for 2017
Dec 1st:370k

2019
Jan 1st: $357.5 (marking the first year of maxing out retirement accounts!) UP: 41k for 2018 (markets took a hit)
Dec 1st $498.5   

2020
Jan 1st $533.5  We did it! How exciting :) UP 176k for 2019- wow did I make a mistake lol!?
Feb 3rd  $523
March 1st  $499  I am glad I rebalanced the end of Jan, bought more bonds to maintain my IPS.
« Last Edit: March 01, 2020, 07:08:17 AM by dandypandys »

Res Ipsa

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Re: Race from 500k to 1M!
« Reply #1557 on: March 01, 2020, 07:19:00 AM »
Jan. 1, 2018:     $412,626
Feb. 1, 2018:     $433,521
Mar. 1, 2018:     $418,873
Apr. 1, 2018:     $410,875
May 1, 2018:     $439,719
June 1, 2018:    $446,814
July 1, 2018:     $451,330
Aug. 1, 2018:    $469,413
Sept. 1, 2018:   $491,582
Oct. 1, 2018:     $496,037
Nov. 1, 2018:    $465,386
Dec. 1, 2018:    $473,869

Jan. 1, 2019:     $436,390
Feb. 1, 2019:    $472,423
Mar. 1, 2019:    $488,585
Apr. 1, 2019:     $500,442
May 1, 2019:     $508,168
June 1, 2019:    $493,942
July 1, 2019:     $528,114
Aug. 1, 2019:    $539,640
Sept. 1, 2019:   $536,031
Oct. 1, 2019:     $546,248
Nov. 1, 2019:    $559,267
Dec. 1, 2019:    $578,973

Jan. 1, 2020:     $596,311
Feb. 1, 2020:    $598,594
Mar. 1, 2020:    $561,214

Well, at first the market losses were a bit disappointing until I realized (1) I'm still ahead of where I was just five months ago, and (2) more importantly, shares are much cheaper now than they were last month (I'm still in the accumulation phase so this is actually exciting).  Who knows if the slide will continue or if we will bounce back quickly like in early 2019.  I think the former is more likely than the latter.  But, either way, my investment strategy hasn't changed.  Onward and upward. 

Sidenote, seems like fewer people are posting updates this month.  Maybe it's because month end fell on a weekend. ;).

skip207

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Re: Race from 500k to 1M!
« Reply #1558 on: March 01, 2020, 11:12:00 AM »
01/01/17 £374668
01/01/18 £497097
01/01/19 £547415
01/01/20 £649762
01/02/20 £655831
01/03/20 £644284

My first fall in TNW month on month for 13 months,

turketron

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Re: Race from 500k to 1M!
« Reply #1559 on: March 01, 2020, 11:19:05 AM »
April 2015: $98k
May 2015: $111k
June 2015: $112k
July 2015: $113k
Aug 2015: $113k
Sept 2015: $116k
Nov 1 2015: $120,330.91
Dec 1 2015: $138,810.56

Jan 1 2016: $141,251.00
Feb 1 2016: $135,573.00
Mar 4 2016: $138,331.39
Apr 1 2016: $146,788.37
May 1 2016: $149,149.52
Jun 1 2016: $161,205.21
July 1 2016: $165,947.80
Aug 1 2016: $176,198.00
Sep 1 2016: $178,840.37
Oct 1 2016: $184,372.64
Nov 1 2016: $181,625.28
Dec 1 2016: $187,972.57

Jan 1 2017: $193,414.19
Feb 1 2017: $200,758.63
Mar 1 2017: $211,677.78
Apr 1 2017: $217,643.71
May 1 2017: $225,773.04
Jun 1 2017: $232,222.09
July 1 2017: $235,779.19
Aug 1 2017: $244,461.55
Sept 1 2017: $247,101.69
Oct 1 2017: $256,365.91
Nov 1 2017: $266,140.14
Dec 1 2017: $279,806.93

Jan 1 2018: $283,829.36
Feb 1 2018: $304,851.88
Mar 1 2018: $303,796.17
Apr 1 2018: $307,682.67
May 1 2018: $315,634.59
Jun 1 2018: $337,046.55
July 1 2018: $340,399.63
Aug 1 2018: $363,304.76
Sept 1 2018: $385,572.12
Oct 1 2018: $392,296.56
Nov 1 2018: $370,000.25
Dec 1 2018: $386,361.40

Jan 1 2019: $359,505.30
Feb 1 2019: $397,087.41
Mar 1 2019: $428,309.57
Apr 1 2019: $440,342.71
May 1 2019: $456,285.80
Jun 1 2019: $441,047.77
Jul 1 2019: $476,489.51
Aug 1 2019: $486,559.27
Sept 1 2019: $483,967.28
Oct 1 2019: $490,200.54
Nov 1 2019: $501,003.17
Dec 1 2019: $531,904.82
Jan 1 2020: $546,089.75
Feb 1 2020: $557,258.06
Mar 1 2020: $522,077.78


First drop in awhile. Hopefully the recovery isn't far off! If not, I'll keep buying the dip.

Gardo

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Re: Race from 500k to 1M!
« Reply #1560 on: March 01, 2020, 07:40:52 PM »
                   Retirement  +  Non-Retirement Non-College   +  Property, Net  +  Car        =   Net Worth
20190101:      $  150.4                         $   54.4                        $   236.2        $20.0           $   461.0
20190201:      $  153.0                         $   55.2                        $   241.9        $20.0           $   470.0
20190301:      $  156.0                         $   56.0                        $   244.2        $20.0           $   476.2
20190401:      $  160.0                         $   65.0                        $   247.7        $20.0           $   492.7
20190501:      $  163.0                         $   66.0                        $   250.2        $20.0           $   499.2
20190601:      $  276.0                         $   67.0                        $   252.0        $20.0           $   615.0
20190701:      $  285.0                         $   69.0                        $   253.0        $20.0           $   627.0
20191201:      $  350.0                         $   78.0                        $   270.0        $20.0           $   698.0
20200201:      $  360.0                         $   80.0                        $   275.0        $20.0           $   735.0
20200301:      $  362.0                         $   82.0                        $   276.0        $20.0           $   740.0

YoungGranny

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Re: Race from 500k to 1M!
« Reply #1561 on: March 02, 2020, 06:44:46 AM »
Dec. 2017: $502k
Jan. 2, 2018: $513.7k
Feb. 5, 2018: $539.9k
Mar. 5, 2018: $543.6k
Apr. 2, 2018: $557.6
Apr. 30, 2018: $574.5k
June 4, 2018: $616.2k
July 2, 2018: $623.4k
Aug. 1, 2018: $643.8k
Sep. 4, 2018:$670.2k
Oct. 2, 2018: $677.7k
Nov. 2, 2018: $659.6k
Jan 2, 2019: $631.2k
Feb 1, 2019: $659.1k
Mar 1, 2019: $708k
Apr 1, 2019: $725.9k
May 1, 2019: $753.9k
July 1, 2019: $772.4k
Aug 1, 2019: $792.8k
Sep 3, 2019: $787.2k
Oct 1, 2019: $806.4k
Nov 1, 2019: $827.9k
Dec 2, 2019: $863.6k
Jan 2, 2020: $894.8k
Feb 3, 2020: $908.4k

Mar 2, 2020: $861.9k - you win some months you lose some. I started investing in 2009 so I've had a really good run over the last decade. I was always curious to know how I'd react in a larger decline than I've seen before, I think losing $50k in a month on paper (and really more since we added to the pot) this month was a good test. Turns out I didn't change anything at all but I was happy my paycheck went into my 401k on Friday  :). I have a bonus hitting in two weeks so I wouldn't mind if the market stays down for a little longer, money goes in either way though, set it and forget it. In the long run it won't change much.

caracarn

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Re: Race from 500k to 1M!
« Reply #1562 on: March 02, 2020, 07:06:54 AM »
And.... boom.  Coronavirus crash.  I added about $3K into the market last Monday, but the drop made things far worse than that.  But hey, got some stocks a bit cheaper than I would have.  Still trusting the process, so will keep adding per my plan (which includes side hustle money from food delivery that I started last week and my first funds from that got sent last night from DoorDash, so when I get them, will be moving over).

                       2014                2015                2016                2017                2018                2019                2020                2021               
January$-$292,190$304,411$437,806$581,831$615,789$767,806-
February$-$332,002$331,197$162,424$585,663$662,207$735,649-
March$-$332,209$331,749$481,340$583,773$683,014--
April$-$336,743$260,548$483,994$582,862$719,849--
May$256,131$338,884$373,153$483,982$585,929$701,938--
June$258,642$321,529$377,807$490,951$590,577$731,170--
July$276,381$320,767$414,764$503,706$601,024$721,753--
August$296,700$313,896$405,676$513,111$606,442$686,503--
September$290,244$301,079$422,204$525,158$610,690$698,968--
October$274,986$308,291$413,967$533,760$585,817$577,615--
November$282,762$308,558$419,572$549,074$595,773$620,036--
December$292,942$312,281$431,458$557,941$575,877$760,501--

tips^up

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Re: Race from 500k to 1M!
« Reply #1563 on: March 02, 2020, 09:26:29 AM »
7/1/19 $255k LNW / $780 TNW
6/3/19 $242k LNW / $765 TNW
5/2/19 $242k LNW / $764 TNW
4/1/19 $236k LNW / $756 TNW

12/31/19 $296,096 LNW / $833,129

3/2/2020 $284k LNW / $822K TNW  Market's down, stocks on sale, another $1500 chunk off mortgages

use2betrix

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Re: Race from 500k to 1M!
« Reply #1564 on: March 02, 2020, 12:28:36 PM »
Tracking liquid net worth only: Cash/Savings/Investments - do not have a mortgage or debt

Feb 1, 2016 - $90k
Apr 1, 2016 - $100k 
Jan 1, 2017 - $177k
(Took 7 month sabbatical between Jan 1st 2017 and December 1st 2017)
Dec 1, 2017 - $187k
Jan 1, 2018 - $196k
Feb 1, 2018 - $214,462
Mar 1, 2018 - $225,651
Apr 1, 2018 - $238,764
May 1, 2018 - $251,725
June 1, 2018 - $265,145
July 1, 2018 - $272,423
Aug 1, 2018 - $277,896
Sep 1, 2018 - $298,543
Oct 1, 2018 - $296,603
Nov 1, 2018 - $288,618
Dec 1, 2018 - $304,127
Jan 1, 2019 - $294,621
Feb 1, 2019 - $326,081
Mar 1, 2019 - $354,771
Apr 1, 2019 - $384,308
May 1, 2019 - $407,770
June 1, 2019 - $404,625
July 1, 2019 - $420,082
Aug 1, 2019 - $441,976
Sep 1, 2019 - $458,940
Oct 1, 2019 - $481,915
Nov 1, 2019 - $501,937
Dec 1, 2019 - $518,285
Jan 1, 2020 - $544,655
Feb 1, 2020 - $573,474
Mar 1, 2020 - $557,410

Like most others, we’re down for the month of March. Still up about $13k for the year, although our actual “savings” has been closer to $35k. Not too worried about the market as It’ll be a while before I intend to access any funds. I did drop another $15k out of my FU Fund into VTSAX last Thursday/Friday. Have another $30k that’s ready to go, but with today’s rebound, I’ll still hold off a bit longer.

afuera

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Re: Race from 500k to 1M!
« Reply #1565 on: March 03, 2020, 08:29:19 AM »
12/31/2014: INV-$10,584.06     NW-$-20,000
12/31/2015: INV-$49,877.48     NW-$78,264.92
12/31/2016: INV-$106,390.73    NW-$188,244.13
12/31/2017: INV-$265,731.22    NW-$277,837.89
12/31/2018: INV-$332,761.13    NW-$357,901.80
12/31/2019: INV-$545,957.38    NW-$583,896.83

01/31/2019: INV-$554,278.54    NW-$597,803.17
02/29/2019: INV-$530,928.16    NW-$572,428.24

Almost $30K down this month.  Yearly bonus hits on 3/22 so hoping the sale will continue.

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #1566 on: March 03, 2020, 12:38:20 PM »
08/1/2018 - $511,000
09/1/2018 - $519,000
10/1/2018 - $526,000
11/1/2018 - $511,000
12/1/2018 - $523,700
01/1/2019 - $515,100
02/1/2019 - $552,000
03/1/2019 - $576,000
04/1/2019 - $586,200
05/1/2019 - $604,500
06/1/2019 - $590,360
07/1/2019 - $624,000
08/1/2019 - $628,300
09/1/2019 - $637,300
10/1/2019 - $649,800
11/1/2019 - $675,000
12/1/2019 - $695,700
01/1/2020 - $717,000
02/1/2020 - $721,000
03/1/2020 - $702,500

Last down month was May of 2019, hopefully it ends here =D

asauer

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Re: Race from 500k to 1M!
« Reply #1567 on: March 03, 2020, 02:51:11 PM »
Update for March: I’m putting my fingers in my ears, closing my eyes and saying “lalalalala”.  Haha!  Yeah, not gonna look for a while.

bownyboy

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Re: Race from 500k to 1M!
« Reply #1568 on: March 04, 2020, 01:07:27 AM »
Jan 2017 - £346,854
===============
Jan 2018 - £456,088
===============
Jan 2019 - £495,379
===============
Jan 2020 - £606,791
Feb 2020 - £598,230
Mar 2029 - £622,178

Markets took a tumble in the UK like everywhere else, however net worth is still up due to combination of business income and £20k of cash due to inheritance.

Will drop it straight into Vanguard Lifestrategy 60 while it’s in a dip so hopefully will see an uplift at some point in the future.

G-Cool

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Re: Race from 500k to 1M!
« Reply #1569 on: March 04, 2020, 06:09:22 AM »
2/1/2018 :  $562k Inv. / $627k NW
3/1/2018 :  $558k Inv. / $626k NW
4/1/2018 :  $563k Inv. / $630k NW
5/1/2018 :  $572k Inv. / $642k NW
6/1/2018 :  $497k Inv. / $656k NW
7/1/2018 :  $506k Inv. / $666k NW
8/1/2018 :  $589k Inv. / $668k NW
9/1/2018 :  $598k Inv. / $685k NW
10/1/2018 : $597k Inv. / $686k NW
11/1/2018 : $584k Inv. / $674k NW
12/1/2018 : $585k Inv. / $672k NW

1/1/2019 :  $567k Inv. / $658k NW
2/1/2019 :  $582k Inv. / $676k NW
3/1/2019 :  $594k Inv. / $689k NW
4/1/2019 :  $601k Inv. / $696k NW
5/1/2019 :  $611k Inv. / $710k NW
6/1/2019 :  $624k Inv. / $725k NW
7/1/2019 :  $641k Inv. / $742k NW
8/1/2019 :  $650k Inv. / $754k NW
9/1/2019 :  $641k Inv. / $748k NW
10/1/2019 :  $654k Inv. / $762k NW
11/1/2019 :  $668k Inv. / $772k NW
12/1/2019 :  $690k Inv. / $797k NW

1/1/2020 :  $702k Inv. / $811k NW
2/1/2020 :  $714k Inv. / $825k NW
3/1/2020 :  $694k Inv. / $807k NW

Big market drop that cancelled my yearly bonus :( Can't wait to reach 1M$ net worth but still got a long way to go...

SugarMagnolia77

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Re: Race from 500k to 1M!
« Reply #1570 on: March 04, 2020, 07:51:27 AM »
I deliberately didn't check any accounts last week except to throw a few thousand into my Roth while the market was down.

However, I had a nice surprise when I found out that I hadn't added one of my accounts to Personal Capitol. My accounts are really down, even though it looks like the value is higher.

Hang in there, everyone. The news this morning is that markets are doing better after Super Tuesday...even though we still don't know how California went at this hour.

02/01/2020 - $806,540
03/04/2020 - $825,904

Ladychips

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Re: Race from 500k to 1M!
« Reply #1571 on: March 04, 2020, 03:21:29 PM »


12/16 - $360,891     $570,338
12/17 - $473,407     $697,411
12/18 - $480,550     $732,108
12/19 - $669,819     $943,739

01/20 - $675,940     $951,251

02/20 - $632,514     $909,220

The last big drop (at the end of 18) bothered me so I didn't track my numbers.  I regretted that...so I'm documenting here even though it's a big, dang drop.  Of course, it's corrected some this week so it's better now (but I don't know by how much since I only look at the end of the month).


coffeefueled

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Re: Race from 500k to 1M!
« Reply #1572 on: March 04, 2020, 04:53:48 PM »
JAN : $500,606
FEB : 511,261
MAR: 508,145

Still buying the sale since we started saving a higher % even if it doesn't look like it.

Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #1573 on: March 05, 2020, 09:14:13 AM »
Apr 5 2019: $523,606 -> crossed 500k threshold
May 6 2019: $536,891
Jun 6 2019: $528,014
Jul 10 2019: $569,181
Aug 5 2019: $547,229
Sep 5 2019: $569,689 
Oct 5 2019: $579,502 
Nov 5 2019: $602,772   
Dec 5 2019: $607,806
Jan 5 2020: $634,119 
Feb 5 2020: $642,031

Mar 5 2020: $619,455 (-$22,576)


Interestingly, I noticed that Betterment changed their home screen. It now displays overall investment gain since opening accounts instead of the usual detailed breakdown of accounts. Some of their cognitive psychology tweaks for the downturn, I guess. I wonder if it keeps people from panicking.

pamplemusique

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Re: Race from 500k to 1M!
« Reply #1574 on: March 06, 2020, 04:05:48 PM »
I get to move over here from the 250 - 500k race! Hi everyone!

Dec '19: $466k
Jan '20: $475k
Feb '20: $471k (market impact despite +$20k RSUs vesting)
Mar '20: $538k (bonus!)

I'm holding my nose and DCA'ing the bonus into the market even though I think we have more drops ahead of us. I wrote down a commitment that I must put it all in by the end of March. It's all going into VTSAX and VTIAX since my bonds are way over my AA with the recent market drops.

Totals above are net worth from mint and do not include primary residence (mortgage about 1/2 paid off, but I've stopped overpaying in favor of investing after finding these forums).
« Last Edit: March 06, 2020, 05:34:22 PM by pamplemusique »

skip207

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Re: Race from 500k to 1M!
« Reply #1575 on: March 08, 2020, 02:46:51 PM »
Fully expecting to fall back into the 250-500k thread if things get really bad with COVID19.
I am already down from £650k to £640 and its not even got going in the UK.  Tough times ahead :(

talltexan

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Re: Race from 500k to 1M!
« Reply #1576 on: March 12, 2020, 08:41:04 AM »
welcome, @pamplemusique ! Hopefully we're able to stay the course here, it's been a tough few weeks...

Jack0Life

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Re: Race from 500k to 1M!
« Reply #1577 on: March 12, 2020, 03:02:27 PM »
We were sooo close to the $1 million mark before the virus.
Were sitting around the $991k mark. Will not make it now.
I'm guessing my company will be shutting down real soon. No work for me for a while.
« Last Edit: March 12, 2020, 03:06:43 PM by Jack0Life »

rebel_quietude

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Re: Race from 500k to 1M!
« Reply #1578 on: March 14, 2020, 06:24:18 AM »
Whelp, I've "lost" about $150k on paper thus far and am enjoying this buying opportunity!  It was my regular mid-month paycheck stock purchase day yesterday, I saved $35 dollars a share compared to the last time I purchased VTI in January.

Here's to money going further buying the dip!

Caroline PF

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Re: Race from 500k to 1M!
« Reply #1579 on: March 17, 2020, 10:42:44 AM »
I'm going to join in this group after the market drop. I don't think that the market is going to recover quickly from COVID. I think we have some actual economy hits, not just panic drop. So I may be here for a year or so. But I will enjoy buying stocks on sale.

I didn't keep track of my net worth until the last several years, but here is what I have. I also try to update only twice a year. Of course, I'll probably be checking more often during this crisis. :(


3-2020: NW $1.040M; Invested $0.786M (during COVID)
2-2020: NW $1.350M; Invested $1.101M (before COVID)
2-2019: NW $0.977M; Invested $0.630M
2-2018: NW $0.833M; Invested $0.901M
10-2017: NW $0.727M; Invested $0.797M
2016:
2015:
2014:
2013: NW ~$0; Invested ~$100K

Freedomin5

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Re: Race from 500k to 1M!
« Reply #1580 on: March 20, 2020, 01:37:02 PM »
And we are back in this thread! Hi again, everyone!

We've beefed up our emergency fund, and any extra will be saved and shoveled into index funds. if we go back to 2015 prices (which is when we first started seriously investing), I would be extremely happy, since our incomes now are higher and we are able to put more money in.

Kierun

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Re: Race from 500k to 1M!
« Reply #1581 on: March 20, 2020, 04:16:35 PM »
I don't belong to this thread yet, but have been creepily lurking. I hear people saying 500k is the milestone after which you start to see crazy gains, can anyone comment on their experience with this?
Just squeaked in at $502k on 4/1/19 so I'm hoping you're right haha. So we'll see how the progress goes from here.
The gains have definitely exceeded my expectations as we're past 600k now, less than a year since hitting 500k.
And I'm back out of here, below 500k now.

rebel_quietude

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Re: Race from 500k to 1M!
« Reply #1582 on: March 20, 2020, 04:34:52 PM »
The gains have definitely exceeded my expectations as we're past 600k now, less than a year since hitting 500k.
And I'm back out of here, below 500k now.

Denied.

Once in the 500k to 1mil race, we never let you go. It's just a brief pause, in support of social distancing. ;)

Kierun

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Re: Race from 500k to 1M!
« Reply #1583 on: March 20, 2020, 05:06:17 PM »
Even once we exceed the 1 mil? :) 

ender

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Re: Race from 500k to 1M!
« Reply #1584 on: March 22, 2020, 08:20:50 PM »
Once in the 500k to 1mil race, we never let you go. It's just a brief pause, in support of social distancing. ;)

It's a double whammy for us this month. Market uncertainty + house purchase.

The way I calculate net worth on house is basically that the house is worth what we pay minus ~7%. So if I bought a $100k house, I'd calculate it as $93k in value (to account for sale costs).

Soo, buying a nice house at the end of the month means we'll drop another ~$25k or so (I'll probably adjust it down based on the full costs the sellers pay at closing whatever that ends up being).

Going to be a pretty depressing net worth entry on 3/31 for me, lol.

rebel_quietude

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Re: Race from 500k to 1M!
« Reply #1585 on: March 23, 2020, 05:30:14 AM »
Even once we exceed the 1 mil? :)

Then you're just an alumni! You pop in occasionally and dispense advice and sympathy.

coffeefueled

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Re: Race from 500k to 1M!
« Reply #1586 on: March 23, 2020, 08:24:21 AM »
Looks like I'm down at least 40k so far (though I haven't checked in about a week so who knows now). Please keep a placeholder in my seat here while I'm back below 500k.

Anyone have a guess on how long the rebound will take? I have a great chart on the history of bear/bull markets that says 2008 took about 1.5 years.

rebel_quietude

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Re: Race from 500k to 1M!
« Reply #1587 on: March 23, 2020, 09:03:52 AM »
*Pulls out ferret bones* Well, let's see . . .

*tosses. scrutinizes.* Yeah, not a clue.

Down $251,000 from the 19 February peak thus far. I re-balanced today, so yay for sticking with my investment plan. I'm not going to look at it again for as long as I can get away with.

Of note, I have never previously had to sell anything to re-balance to goal allocation (I use the lazy 3 portfolio, with 10% BND, 24% VXUS, 66% VTI). I always used contributions. That changed this morning. I feel like there was some personal growth. I wept, threw a tantrum, gnashed my teeth, screamed my rage into the world, rolled my eyes at myself and did it anyway.

FIPurpose

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Re: Race from 500k to 1M!
« Reply #1588 on: March 23, 2020, 09:19:05 AM »
I haven't looked at my investments more or less out of fear. I don't think I want to see the number... lol. My bi-weekly 401k contributions go towards 100% stocks, so I may not actually need to rebalance as much as I might think. But I guess quarterly rebalancing is coming up at the end of the month. My portfolio is 20% bonds which are close to flat YTD. I feel like we still have more to go before hitting bottom. Another 200-400 points on the S&P? Rebalancing now I guess is still a pretty good deal 20 years from now.

rokel

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Re: Race from 500k to 1M!
« Reply #1589 on: March 24, 2020, 05:35:57 AM »
07/2018-- 535,562/ 673,992
12/2018-- 495,360/ 652,069
03/2019-- 553,577/ 713,262
06/2019-- 606,080/ 749,479
09/2019-- 607,394/ 737,311
12/2019-- 656,687/ 775,644
03/2020-- 506,259/ 646,923

moof

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Re: Race from 500k to 1M!
« Reply #1590 on: March 27, 2020, 10:22:59 PM »
Well, I’m back.  It was a fun few months of a second comma while it lasted.

AnxietyFly

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Re: Race from 500k to 1M!
« Reply #1591 on: March 28, 2020, 08:10:31 PM »
I still have fifteen years before I want to retire. I feel pretty good with where I am at in life with regards to my finances.

2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 782,239 (estimated)


2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 817,971
Current 782,688
EOY Est 782,688


Jack0Life

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Re: Race from 500k to 1M!
« Reply #1592 on: March 28, 2020, 11:40:19 PM »
Looks like I'm down at least 40k so far (though I haven't checked in about a week so who knows now). Please keep a placeholder in my seat here while I'm back below 500k.

Anyone have a guess on how long the rebound will take? I have a great chart on the history of bear/bull markets that says 2008 took about 1.5 years.

In the 08-09 Recession, the market dropped ~57% and took 4 yrs to get back it what it was.

coffeefueled

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Re: Race from 500k to 1M!
« Reply #1593 on: March 29, 2020, 05:02:15 AM »
The timing on 2008 depends on how you measure the bear market. I was thinking of this chart, that if I'm reading correctly just counts to the lowest close, but not the recovery following.
« Last Edit: March 29, 2020, 05:07:39 AM by coffeefueled »

Res Ipsa

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Re: Race from 500k to 1M!
« Reply #1594 on: March 29, 2020, 12:39:06 PM »
I was thinking of this chart, that if I'm reading correctly just counts to the lowest close, but not the recovery following.

Thanks for the great chart coffeefueled!  Very interesting.  It's great to take a 30,000 foot view of the historical data.   

Jack0Life

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Re: Race from 500k to 1M!
« Reply #1595 on: March 29, 2020, 08:49:09 PM »
That chart is deceiving. It only saying the bear lasted only 1.3 yrs but it doesn't tell you how long it took to get back to the original mark.
If you had $1 million right before the 08-09 recession and didn't touch your account. It took you 4 years to get back to that original $1 million.
I mean we can try to spin these losses in anyway we want, it will take a long long time for you to get your NW back to where it was before Feb 19th. And the downward spiral is not done.

coffeefueled

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Re: Race from 500k to 1M!
« Reply #1596 on: March 30, 2020, 08:50:13 AM »
I'm still very much in accumulation phase so whether you measure the downturn by time until the bottom like the chart or when you recover the original amount pre downturn (which you're right is a much more useful measurement) I'm not worried. I'm lucky enough to have a stable job that's not going to downsize no matter how bad it gets (I'm in government). If you're not retiring anytime soon then the downturn is a benefit ie stocks on sale.

 I understand that not everyone is in that position and I'm definitely thankful that my extended family had been conservative in their retirement so they can concentrate on staying healthy and not their finances.

skip207

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Re: Race from 500k to 1M!
« Reply #1597 on: March 30, 2020, 03:05:35 PM »
Just getting my excel sheets updated ready for last day of the month... lordy its not pretty. 
In a way I am lucky in that I started the process to move my SIPP to Vanguard right as this happened so my SIPP was in cash.
I am still going to be down at least 20k this month though unless the markets have a good day tomorrow!

OurTown

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Re: Race from 500k to 1M!
« Reply #1598 on: March 31, 2020, 04:39:26 AM »
6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664
3/1/19 = $682
4/1/19 = $691
5/1/19 = $708
6/1/19 = $702
7/1/19 = $731
8/1/19 = $737
9/1/19 = $736
10/1/19 = $746
11/1/19 = $761
12/1/19 = $781

1/1/20 = $809
2/1/20 = $824
3/1/20 = $806
4/1/20 = $744

coffeefueled

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Re: Race from 500k to 1M!
« Reply #1599 on: March 31, 2020, 08:48:16 AM »
I am way out of this thread for the foreseeable future. At the peak for my investments in mid february we hit about $522k. This morning I'm sitting at $424k.