Ok, I didn't actually win anything but it kind of feels like it!
Something amazing happened last week, I made it to the other side. The side opposite of worrying about if all of that hard work will pay off in the end. The side opposite of stressing over will that employee who I count on so dearly stick around for many years and not jump ship at a crucial time?
Those days are gone...
The business I had been building for over a decade sold and I finally "slightly" feel relief. I say slightly as I'm still in this surreal point in time where it hasn't fully sunk in.
Thank you to everyone on this forum for keeping me going on along the way. I've never been much of a poster but I have visited nearly daily for a very long time. Where there were other forums/blogs that I lost interest in over time, I always kept coming to this one. I'm extremely appreciated that early-retirement.org exists.
Stats:
Age: 30s
Married + kids (they are little)
Net worth prior to sale: $1,900,000 (includes home equity and rental properties)
And for the fun part...
Net worth post business sale: $6,000,000
I rolled some of the equity over into the new company which should return ~11% dividends and I've included this stock in my net worth.
Over the last week I kept going back and forth if I wanted to limp in or lump in to the market. I initially put all money into the vanguard municipal money market (because of tax bracket) with the plans of DCA'ing over the next year because I felt we were indeed due for a correction of some sort. I was a bit frustrated that we couldn't get the business deal closed about a month ago which would have been an excellent time to enter the market with a lump sum. But then I smacked myself in the face with something I preach all the time, time in the market > timing the market. Hit the correct AA and rebalance when needed. So this morning I lumped in. It was ~1,700,000 in total. Ha! I hope I get to look back on this post in a year and say 'wow, great decision man'!
Like others who came before me, it feels really good just to be able to say these things as there aren't very many people in life that you can totally transparent with like this. My family/close friends know I sold the business, but they have no idea how much other than my Dad.
Again, thank you thank you thank for all of the everyday contributors here. I'd like to try and become more of a contributor here in the future once things settle a bit. If anyone has any questions at all, please feel free to ask! Its been a crazy journey.
Something amazing happened last week, I made it to the other side. The side opposite of worrying about if all of that hard work will pay off in the end. The side opposite of stressing over will that employee who I count on so dearly stick around for many years and not jump ship at a crucial time?
Those days are gone...
The business I had been building for over a decade sold and I finally "slightly" feel relief. I say slightly as I'm still in this surreal point in time where it hasn't fully sunk in.
Thank you to everyone on this forum for keeping me going on along the way. I've never been much of a poster but I have visited nearly daily for a very long time. Where there were other forums/blogs that I lost interest in over time, I always kept coming to this one. I'm extremely appreciated that early-retirement.org exists.
Stats:
Age: 30s
Married + kids (they are little)
Net worth prior to sale: $1,900,000 (includes home equity and rental properties)
And for the fun part...
Net worth post business sale: $6,000,000
I rolled some of the equity over into the new company which should return ~11% dividends and I've included this stock in my net worth.
Over the last week I kept going back and forth if I wanted to limp in or lump in to the market. I initially put all money into the vanguard municipal money market (because of tax bracket) with the plans of DCA'ing over the next year because I felt we were indeed due for a correction of some sort. I was a bit frustrated that we couldn't get the business deal closed about a month ago which would have been an excellent time to enter the market with a lump sum. But then I smacked myself in the face with something I preach all the time, time in the market > timing the market. Hit the correct AA and rebalance when needed. So this morning I lumped in. It was ~1,700,000 in total. Ha! I hope I get to look back on this post in a year and say 'wow, great decision man'!
Like others who came before me, it feels really good just to be able to say these things as there aren't very many people in life that you can totally transparent with like this. My family/close friends know I sold the business, but they have no idea how much other than my Dad.
Again, thank you thank you thank for all of the everyday contributors here. I'd like to try and become more of a contributor here in the future once things settle a bit. If anyone has any questions at all, please feel free to ask! Its been a crazy journey.
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