 |
|
07-04-2007, 12:40 PM
|
#1
|
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
|
$ Milestone
Just wanted to share with everyone....I have passed the 150K milestone....
reached $154,594.17!!!
I am 32 and make less than 50K in the state of NJ.
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
07-04-2007, 12:48 PM
|
#2
|
|
Full time employment: Posting here.
Join Date: Jun 2004
Location: Calgary
Posts: 805
|
Way to go! That's fantastic.
__________________
I can only be nice to one person today! Today is not your day...tomorrow doesn't look good either.
|
|
|
|
|
07-04-2007, 12:57 PM
|
#3
|
|
Full time employment: Posting here.
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 837
|
That's amazing, you should be very proud. Congrats.
|
|
|
|
|
07-04-2007, 01:07 PM
|
#4
|
|
Recycles dryer sheets
Join Date: Aug 2005
Posts: 52
|
Congratulations to one 30-something from another!
Nice going. Next stop, 200K. See you there. 
__________________
Persistence and determination are omnipotent.
|
|
|
|
|
07-04-2007, 02:18 PM
|
#5
|
|
Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
|
Getting pretty close to that myself, but I turn 33 in a month and DW and I have a significantly higher combined income. That's just amazing you got that much socked away!
|
|
|
|
|
07-04-2007, 02:41 PM
|
#6
|
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
|
Thank you! About 70K is profit from selling the condo at the right time. The other 80K is from socking away 25% of my salary into the 401K and maxing out my Roth....anything extra from windfalls/bonus went into the mutual funds.
|
|
|
|
|
07-04-2007, 03:58 PM
|
#7
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
|
At the risk of being pedantic: such financial results are neither "fantastic" nor "amazing". If one has the intelligence and discipline to LBYM, impressive numbers like that are "inevitable".
Good work, citrine! 
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
|
|
|
|
|
07-04-2007, 04:54 PM
|
#8
|
|
Dryer sheet aficionado
Join Date: Jul 2007
Posts: 42
|
 Quote:
Originally Posted by Milton
At the risk of being pedantic: such financial results are neither "fantastic" nor "amazing". If one has the intelligence and discipline to LBYM, impressive numbers like that are "inevitable".
Good work, citrine! |
Probably a newby question, but what is LBYM?
I guess it has something to do with indexing?
|
|
|
|
|
07-04-2007, 05:12 PM
|
#9
|
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
Quote:
Originally Posted by pj86
Probably a newby question, but what is LBYM?
I guess it has something to do with indexing?
|
Living Below Your Means
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
|
|
07-04-2007, 07:49 PM
|
#10
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
|
Well done citrine: you are indeed a jewel!
When I was your age in 1989 I had no idea what NW was. Looking back, it was probably in the region of $75K in today's dollars.
|
|
|
|
|
07-04-2007, 09:50 PM
|
#11
|
|
Thinks s/he gets paid by the post
Join Date: Sep 2002
Posts: 1,178
|
Congrats! It want be long and you will be crossing the $250K mark then the $500K. Plan your work and work your plan!
Tomcat98
|
|
|
|
|
07-04-2007, 10:36 PM
|
#12
|
|
Full time employment: Posting here.
Join Date: May 2006
Posts: 696
|
Way to go! keep up the good habits.
__________________
Oh, you hate your job? Why didn't you say so? There's a support group for that. It's called EVERYBODY, and they meet at the bar.--Drew Carey
|
|
|
|
|
07-05-2007, 08:25 AM
|
#13
|
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
|
I am hoping to reach the 170K mark by the end of the year....and now with me boycotting goods made in China.....that should not be a problem at all!
Thank you for your support....I think of this board every time I want to make an impulsive purchase!
|
|
|
|
|
07-05-2007, 02:41 PM
|
#14
|
|
Dryer sheet wannabe
Join Date: Jun 2007
Posts: 12
|
Congratulations!
I wish I had access to a 401k... 
|
|
|
|
|
07-05-2007, 03:00 PM
|
#15
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 1,250
|
WTG fellow Jersey girl! Income poor here too! Very impressive savings!
__________________
Make no mistake, my friend, it takes more than money to make men rich. - A. P. Gouthey
|
|
|
|
|
07-06-2007, 10:38 AM
|
#16
|
|
Recycles dryer sheets
Join Date: Nov 2004
Posts: 117
|
Quote:
Originally Posted by Milton
At the risk of being pedantic: such financial results are neither "fantastic" nor "amazing". If one has the intelligence and discipline to LBYM, impressive numbers like that are "inevitable".
Good work, citrine! |
I'd agree, the intelligence and discipline required to achieve that result is amazing. I'm in awe! 
|
|
|
|
|
07-06-2007, 11:06 AM
|
#17
|
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
|
I have basically read the frugal/finance section of the library in the last year and the three things that have stood the test of time are:
Patience---you are in it for the long haul.
Capital---25% of my salary in 401K and max out Roth IRA
No Debt!!!
I still love diamonds....but I am going to just appreciate the ones I have at the moment.....maybe get 2 carat princess cut, platinum studs the day I retire!!!
|
|
|
|
|
07-06-2007, 11:26 AM
|
#18
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2004
Posts: 1,719
|
Quote:
Originally Posted by citrine
I still love diamonds....but I am going to just appreciate the ones I have at the moment.....maybe get 2 carat princess cut, platinum studs the day I retire!!!
|
Why not simply buy jewelry that looks like diamond, but isn't? Sure, you'll know it's not, but it will still sparkle and impress other people.
__________________
He had one of those rare smiles with a quality of eternal reassurance in it . . . It faced, or seemed to face, the whole external world for an instant and then concentrated on you with an irresistible prejudice in your favor. -- The Great Gatsby, F. Scott Fitzgerald
|
|
|
|
|
07-07-2007, 10:17 AM
|
#19
|
|
Recycles dryer sheets
Join Date: Jan 2006
Posts: 331
|
Quote:
Originally Posted by Jay_Gatsby
Why not simply buy jewelry that looks like diamond, but isn't? Sure, you'll know it's not, but it will still sparkle and impress other people.
|
Surely you aren't trying to insinuate that diamonds are an artificially scarce stone that isn't actually worth what they are sold for? (note: that was sarcasm)
At any rate, if you love diamonds, then I think that's a fitting reward for yourself after reaching your goal. Probably better than what I'll blow my money on
|
|
|
|
|
07-08-2007, 08:05 AM
|
#20
|
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
|
Jay:
Cubic Zirconia just doesn't sparkle like diamonds do!
And Jewelry is an investment....they would retain their value if I ever need to sell them!
Citrine
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
