Reached the (fake) two comma milestone

[dvalley]

Does anyone else do this?

Add all guaranteed sources of income /4*100

To me, it’s equivalent of a portio. Any downfall to this?

Hmm, I guess I'm not following what sources of income divided by 400 gives you?
Oh and I didn't know what a portio was so I googled it and I'm pretty certain it's not what you meant (hint, female part nerves)

Congratulations!

Not to make you nervous about the market, but a little history: I hit the two comma milestone in January 2000. The market peaked March 2000, two months later. Fortunately I was gainfully employed so I was able to continue investing.

I hit the 2X mark August 2007. The market peaked October 2007, two months later.

I won't tell you when/if I hit the 3X mark.

Just saying.

Thanks for the congrats! I know, it's all paper money and a bad day in a stock or real-estate market can easily wipe out a huge chunk. That's OK, I still have time and some dry powder if that happens

 

[Oakster]

I just checked the balances today and I've quietly reached the two comma milestone However, I'm designating it as fake because it includes equity (not value) in the primary residence

Probably not worth posting about it but since I can't tell anyone in real life a little virtual gloating is in order

That is a great milestone. Definitely worth the celebrations!

 

[cooch96]

Bravo!

 

[W2R]

Bravo!

+1

YAY!!!

I think it doesn't matter how you define the two comma threshold, as long as it means something to you.

When I am looking at how many commas I have, I add up my investments at Vanguard and the TSP, plus money in the local bricks 'n' mortar bank that is my spending money for the rest of the year. I don't like including the value of my paid off home because it is hard for me to figure out the exact value at any particular time. I also don't include the amount corresponding to my SS or pension income. That's just my choice. Nothing wrong with defining the "two comma amount" any way you wish AFAIK.

(When I am working out my WR, I don't include that spending money in my local bank, and I also don't include home equity, SS, or pension. )

 

[Montecfo]

Gloat here all you want. We get it. Congrats!

 

[jim584672]

Congrats!

Home equity counts and is not fake.

 

[Oz investor]

don't celebrate too long

onward and upward

there is Financial Independence to acquire , yet

best of luck on the way

 

[treeofpain]

I also just hit the "2 comma" threshold. Congrats!

 

[Surewhitey]

Congratulations. I just reflected on our 2 comma time back in 2013. We rewarded ourselves with a 2 year hiatus and travelled. Back to building and doing well. Enjoy it (at least a little) while you are young is my motto.

Just sold and downsized and pocketed $100k, so hone equity eventually becomes real to me...