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Old 08-19-2014, 08:22 AM   #661
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Hit $1.3 million invested today. The last 300k came in a little less than year. Hope it keeps it up maybe I can move my date up a year.


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Old 08-19-2014, 08:53 AM   #662
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Well, no jinx, at least not yesterday. I came in at $1,005,681. So, I finally broke the $1M barrier. And, I'm sure I'll break it again, several more times in each direction!
That is awesome Andre!I am a little jealous,but way more happy for you than anything.
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Old 08-19-2014, 12:29 PM   #663
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That is awesome Andre!I am a little jealous,but way more happy for you than anything.
Thanks! The feeling still hasn't fully sunk in, like it's not real. I think it'll feel more "real" if I'm still over the $1M mark by August 31, because then the milestone will be preserved in my Excel spreadsheet that tracks growth.

My next real milestone, I guess, is the $2M mark. My goal is to retire when I hit $2M or age 50, or whichever comes first. $2M is a ways off though, so for the time being maybe I'll just concentrate on $1.1M as the next goalpost!
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Old 08-19-2014, 02:14 PM   #664
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Share your FIRE Milestones

Taxable trading account closed above $4MM for the very first time today. The previous major threshold of $3MM was breached on 14 October, 2013 - so a decent 10 month run.


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Old 08-20-2014, 08:45 AM   #665
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Whoa! No way I can compare with those ## s but I'm banking all this paycheck and no longer dreading the office closing / getting laid off. It's different when you're single. Just me supporting me + dtr / her 4 kids. At least son is successfully launched

Over 10x age in stocks, 110% of monthly needs in non-payment income

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Old 08-20-2014, 08:47 AM   #666
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Just wondering: I don't count property (physical assets / coin collection) just liquid assets. Should I count both?

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Old 08-20-2014, 09:01 AM   #667
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Just wondering: I don't count property (physical assets / coin collection) just liquid assets. Should I count both?
This has been a topic of debate for some time now. Personally, I just include investible assets (stocks, mutual funds, IRAs, 401ks, checking/savings, savings bonds, etc). Trying to factor in the value of the house, cars, and other stuff just seems messy. And while yes, a house, car, furniture, etc, does have some value, it's not something you can quickly sell to tap that value. And, if you sell your house, well, you still gotta live somewhere. So you're either going to buy another house or rent, so there's still going to be some cost involved to offset the cash infusion from selling. Sell your car, and you're either going to buy another, depend on public transportation, or bum rides off of people, so it's sort of the same situation.

Now, if you're downsizing, say, selling a second home, extra car, etc, that might be different. But still, I'm not going to count on that value until it's been cashed in, and in my account.
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Old 08-20-2014, 10:46 AM   #668
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And that's why I don't count them

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Old 08-20-2014, 12:25 PM   #669
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my net worth has increased just over 1 million through real estate since i retired in 2009 but i did inherit close to 200K and just bought another rental with it in february. in 2009 i took the plunge and went all in with 300K, it bought me 5 single family homes for around 75K each(financing 2 of them), now the homes are in the low $200's. the best thing is i have not paid any income tax for the past several years because of the mortgage and auto write offs, my rentals are 70 miles away @ .555 per mile, a write down of $77 per trip and i go often like the time i forgot my wallet
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Old 08-20-2014, 04:40 PM   #670
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Taxable trading account closed above $4MM for the very first time today. The previous major threshold of $3MM was breached on 14 October, 2013 - so a decent 10 month run.


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You are a high roller I don't think many people have taxable accounts on that level.
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Old 08-21-2014, 01:15 PM   #671
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So close, so dang close.

I was all set to post a couple of weeks ago. After many years of frugality we were only 3K away from a major milestone. Sooooo temptingly close. We even had the champagne chilled and ready to go. But alas, it was not to be. The market decided to first tease us then retreat.

So close....so close.
Ding Ding Ding!!!

After years and years of LBYM and saving we finally made the two comma club!!

I know that we will tetter-totter back and forth several times and there may be times that we slip below that mark and stay there for years.

Still, it feels pretty good today!
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Old 08-21-2014, 07:10 PM   #672
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Congrats on becoming a millionaire!!! How much longer you plan to w@rk?

I just received my military credit from HR for leave purposes. Since Im a federal employee, the credit is greatly needed b/c I need a vacation......

I did receive a bit more federal credit that I initially thought. Looks like Im still on track to semi ER at 39. I plan on jumping ship when im 39 regardless of if Im ready or not lol.
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Old 08-22-2014, 05:54 PM   #673
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Thanks! If everything goes according to plans, i'm planning on a dual retirement in the summer of 2015.
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Old 08-22-2014, 07:41 PM   #674
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Congrats to everyone, I loved reading this thread! I'm flirting with 800K and can't wait to join the two comma club!


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Old 08-23-2014, 08:08 AM   #675
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You are a high roller I don't think many people have taxable accounts on that level.
Statistically speaking, most people don't have accounts 1/10 that amount. 400k puts you in the top 10%.

Wealthometer: USA

$4M is quite an accomplishment, indeed!
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Old 08-23-2014, 11:05 AM   #676
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Taxable trading account closed above $4MM for the very first time today. The previous major threshold of $3MM was breached on 14 October, 2013 - so a decent 10 month run.


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wow. Is all that investment gain? If so, 33% gain in 10 months is quite a run. Do you have a secret you can share?
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Old 08-24-2014, 10:34 PM   #677
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wow. Is all that investment gain? If so, 33% gain in 10 months is quite a run. Do you have a secret you can share?

Actually more than the $1MM is investments as I pulled out a big chunk to pay capital gain taxes. I just had some good stock picks, ran a modest margin balance, and got lucky - AAPL, APC, CXO, V.


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Old 08-25-2014, 01:35 PM   #678
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Started the descent today...gave notice to landlord of second "home" this morning. This Monday is our final Monday before giving notice to our companies next Tuesday (after the Labor Day holiday).
While everything is falling into place, DH is still questioning if we have enough. After explaining it MANY times and MANY different ways, I have boiled down my response to, "If we can't live on $2M of retirement funds, $18K of annual rental income, established HELOC, over .5M of real estate (if sold and down sized) and future SS, we deserve to live under a bridge." I think he might actually be able to understand that. This is all getting pretty exciting. Can't wait to join the ER group.
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Old 08-25-2014, 01:48 PM   #679
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Started the descent today...gave notice to landlord of second "home" this morning. This Monday is our final Monday before giving notice to our companies next Tuesday (after the Labor Day holiday).
While everything is falling into place, DH is still questioning if we have enough. After explaining it MANY times and MANY different ways, I have boiled down my response to, "If we can't live on $2M of retirement funds, $18K of annual rental income, established HELOC, over .5M of real estate (if sold and down sized) and future SS, we deserve to live under a bridge." I think he might actually be able to understand that. This is all getting pretty exciting. Can't wait to join the ER group.
How exciting! Smart thinking on the bridge comment.
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Old 08-26-2014, 03:30 PM   #680
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While everything is falling into place, DH is still questioning if we have enough. After explaining it MANY times and MANY different ways, I have boiled down my response to, "If we can't live on $2M of retirement funds, $18K of annual rental income, established HELOC, over .5M of real estate (if sold and down sized) and future SS, we deserve to live under a bridge."
Well said! About 95% of the people I know would envy your situation. Retire and have some fun.
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