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View Poll Results: Passed a new $MM mark
will or have in 2007 39 45.35%
Did in 2006 33 38.37%
Dif in 2005 18 20.93%
Multiple Choice Poll. Voters: 86. You may not vote on this poll

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Old 07-09-2007, 09:10 PM   #21
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But how many times will we be passing the same financial goal over the next decade-- first on the way up and then dropping back down?
This is the kind of talk justifies below 4% swr!

Best way to avoid this scenario is to always keep it under 1MM.
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Old 07-09-2007, 11:03 PM   #22
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inheritance put me over $1mm in 2007. but i'd rather have kept my mom instead.
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Old 07-14-2007, 10:46 AM   #23
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I guess I passed my first $1M a couple of years ago, but I really don't know. Funds were too spread out (ok, completely disorganized) to really tell and I never counted my house or life insurance (but now I have a paid up policy for the rest of my life as part of my early reitement package !)

DW still has her own IRA and Roth (which I highly recommend!)

I want to see that extra comma on my Fidelity statement ! (I'm really already there, I just have to wait until next year to consolidate some other CDs)
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Old 07-14-2007, 03:25 PM   #24
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We passed one last year, but after accounting for inflation, I'm not sure it's real. Would have to do the math. Still, to pass it while still spending a full-scale SWR is a testament to how good the economy has been in recent years. Long live the consuming and producing people of the world! Keeps markets strong so we can sit around and think deep thoughts... (Am I starting to sound like one of those annoying octogenarian Floridians?)
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Old 07-14-2007, 11:22 PM   #25
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Last February when I checked my checking account balance at an ATM, I noticed that I was a multi-millionaire.

But it was in Vietnamese Dong...
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Old 07-14-2007, 11:26 PM   #26
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But it was in Vietnamese Dong...
Anyone besides me giggle at that?
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Old 07-14-2007, 11:28 PM   #27
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I figure that I will reach $1MM just about the time I have my first heart attack--maybe 7 years. (Of course, if the market keeps up this pace, it will be three years. And a hamburger will cost $30 by then.)
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Old 07-14-2007, 11:34 PM   #28
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Last February when I checked my checking account balance at an ATM, I noticed that I was a multi-millionaire.

But it was in Vietnamese Dong...
I'm much better off. I was and and still am a multi-billionaire.
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Old 07-14-2007, 11:51 PM   #29
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Last February when I checked my checking account balance at an ATM, I noticed that I was a multi-millionaire.

But it was in Vietnamese Dong...
I may have to tell the wife that we're rich where it counts, in Dong.
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Old 07-15-2007, 09:48 AM   #30
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I became a multi millionaire last year and I'm still as cheap as ever .
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Old 07-15-2007, 09:56 AM   #31
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Yeah, we passed another mil milestone this year.
But it's all on paper.
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Sounds familier at my house too....
Old 07-15-2007, 02:24 PM   #32
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Sounds familier at my house too....

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Yeah, we passed another mil milestone this year.
But it's all on paper.
We made that first milestone in 2006 and are on our way to "piling it on".
My DW says that she doesn't feel rich either because it's all on paper.
That's because we have always worked for a living and investments were for the "rich people". Well, guess what.......
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Old 07-15-2007, 04:51 PM   #33
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My net worth finally exceeded my pre dot.com bubble peak value (circa in late 1999), this last month.
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Old 07-15-2007, 05:49 PM   #34
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My net worth finally exceeded my pre dot.com bubble peak value (circa in late 1999), this last month.
Whew! Eight years. That sounds pretty hair-raising (to a scaredy-cat like me). Are you in the accumulation phase, or the withdrawal phase?
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Old 07-15-2007, 06:11 PM   #35
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Whew! Eight years. That sounds pretty hair-raising (to a scaredy-cat like me). Are you in the accumulation phase, or the withdrawal phase?

It tooks us about 6 years to get back to the same value.

We took a big haircut on a single equity. Then everything else broke down.
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Old 07-15-2007, 07:31 PM   #36
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Still struggling. Wondering how long the market will keep going like this? :confused: So far at the $938k level. I don't count equity in home either. But I'm thinking 1mm next year?
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Old 07-15-2007, 07:53 PM   #37
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Wondering how long the market will keep going like this?
I'm wondering about that too. Here's what two analysts think:

Don’t get in the way of a freight train - Trade by NumbersŪ

Grin and bear it - Trade by NumbersŪ
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Old 07-15-2007, 08:03 PM   #38
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So we've got a 7-10 split.

What would be the common wisdom here? Throw the ball down the middle?
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Old 07-15-2007, 08:10 PM   #39
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So we've got a 7-10 split.

What would be the common wisdom here? Throw the ball down the middle?
Budweiser - ?drink or buy - or both?

- Fresca(a Coke product) was 3 frig packs for $10 at the supermarket yesterday.
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Old 07-15-2007, 08:27 PM   #40
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Whew! Eight years. That sounds pretty hair-raising (to a scaredy-cat like me). Are you in the accumulation phase, or the withdrawal phase?
I've been retired since May 99, so clearly in the withdrawal phase. I had a large safety margin (~ $1 million more than I needed) but it wasn't fun retiring at the top of the market.
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