Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-29-2018, 10:21 PM   #21
Thinks s/he gets paid by the post
 
Join Date: Jul 2017
Location: Long Island
Posts: 2,118
Quote:
Originally Posted by firewhen View Post
My motivation was that 2008 hurt very badly and it seemed like capitalism was falling apart and I remember someone started a thread about losing $1M+ in that year alone. So it was nice to start a thread about portfolios moving by that amount in the opposite direction. Back then the thought of that happening seemed very remote. People said the Dow would not rise to 10,000 again for years. I do think we are headed for a correction, but hopefully not that severe and the higher up we go hopefully the higher the bottom will be.

Plus there are threads on milestones and people talk about reaching a portfolio of $100k or $500k or $1M... Shouldn't we celebrate our successes, no matter what they are?
This is the Money & Retirement Forum. It seems perfectly fine for people to celebrate their financial successes here. Personally, I enjoy reading about the success of others, whether on a smaller scale or a larger scale.
MarieIG is offline   Reply With Quote
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!

Old 01-29-2018, 10:40 PM   #22
Full time employment: Posting here.
 
Join Date: May 2013
Posts: 592
I went up about a mil in 2017. Definitely more fun that what happened in 2008.
__________________
Saved 8 figures by my mid-40's as a professional bubble-spotter. Beware...the Fed creates bubble after bubble after bubble.
RenoJay is offline   Reply With Quote
Old 01-30-2018, 09:02 AM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2009
Posts: 6,315
I'm more in the Perryinva neighborhood. I was down $150k in 2008 but recovered it all in 2009, despite having to pay out most of the $75k tax bill for cashing out my company stock in late 2008. Being +$100k in a given year is a good benchmark for what a good year is for me. Sometimes, I hit it, sometimes, I don't. I had several consecutive +$100k years in the early 2000s although they were due to still working and the exploding value of the company stock. Since I retired, it's a little tougher to put together consecutive +$100k years but I did it in 2016 and 2017.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote
Old 01-30-2018, 09:19 AM   #24
Thinks s/he gets paid by the post
jollystomper's Avatar
 
Join Date: Apr 2012
Posts: 4,780
Not in the $1 million category, but I am more than happy with a $250K gain with a very conservative portfolio in 2017. Than alone will be more than enough to cover our retirement medical expenses before medicare, freeing up the rest of my money for more fun expenditures.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
jollystomper is offline   Reply With Quote
Old 01-30-2018, 09:24 AM   #25
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 374
I agree with what MarieIG said. All should be comfortable sharing their numbers.
Congrats to OP.
whatnot is offline   Reply With Quote
Old 01-30-2018, 10:47 AM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 15,940
Quote:
Originally Posted by Texas Proud View Post
You have to have a good amount to get to $1 mill increase in a year... I am not even close....


The big question will be... how is your Jan It is shaping up to be either #1 or #2 best in the last 10 years..
OK.... sorry I wrote it
Texas Proud is offline   Reply With Quote
Old 01-30-2018, 10:54 AM   #27
Dryer sheet aficionado
 
Join Date: Jul 2013
Location: Dallas
Posts: 25
Quote:
Originally Posted by Texas Proud View Post
OK.... sorry I wrote it
Oh so it's YOUR fault!
tbilltubbs is offline   Reply With Quote
Old 01-30-2018, 11:04 AM   #28
Full time employment: Posting here.
hesperus's Avatar
 
Join Date: Aug 2013
Location: san juan mountains, co
Posts: 750
In the last 30 days alone, ours is up around $500K, and in 2017, right around $1M.
Correction coming now that that's out there...
hesperus is offline   Reply With Quote
Old 01-30-2018, 11:30 AM   #29
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 2,202
OP, congratulations on the million dollar year! While I am in the six figure and not the seven figure gain category, I know that 2017 was the highest $ gain for me ever, and my portfolio gain far outpaced $ from my current j*b plus my pension.

Just remember that everyone here needs to be prepared to see numbers the opposite direction, and that it is usually "escalator up" and "elevator down".
copyright1997reloaded is offline   Reply With Quote
Old 01-30-2018, 02:37 PM   #30
Recycles dryer sheets
 
Join Date: Jun 2012
Location: SoCal
Posts: 72
DW and I are still in the accumulation phase and saw some great returns in 2017 but not even close to $1mil. For those who hit that number in a year or close to it, what was your asset allocation to achieve these returns? Were you largely invested in stocks?

We have an 80/20 allocation, but I think if (hopefully, WHEN) we experience such robust returns, I'd be tempted to take some winnings off of the table and hedge against a correction with an increasing share of bonds, maybe 70/30. In 2008, I was a decade younger (and less risk averse) and doubled down on my monthly investments rather than hold back, and it's certainly paid off. A decade has made me more conservative but I wonder if I'm (at the age of 47) thinking a bit too conservatively.
mistershankly is offline   Reply With Quote
Old 01-30-2018, 05:19 PM   #31
Thinks s/he gets paid by the post
GalaxyBoy's Avatar
 
Join Date: Jul 2009
Location: The Beautiful Blue Ridge Mountains
Posts: 2,468
I went up almost a million in 2017, but a good chunk of that was an inheritance. Since I never counted on that inheritance in my retirement planning, I'm feeling pretty good these days.
GalaxyBoy is offline   Reply With Quote
Old 02-02-2020, 06:46 PM   #32
Recycles dryer sheets
 
Join Date: Dec 2006
Posts: 234
Found this old thread I started about 2017. Somehow we still have not seen a prolonged correction and 2019 was an even better year! Any success stories out there?
firewhen is offline   Reply With Quote
Old 02-02-2020, 07:07 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
street's Avatar
 
Join Date: Nov 2016
Posts: 6,962
OP >> Congratulations to adding a million a year, that is outstanding. In 2017 I had just been retired less then a year but did look to see what my $ gain was at the end of the year. It was ~ $625,000..
I do have well over one million more since 2016 when I retired. Not sure if that is anything to write home about, or even a success story, but way more then my expectations. That is after living from my investments, so far so good.

I was told it was a bad time to retire in early 2016. The markets were iffy and unsettled. Well, I think now it was a great time to get out and take my money from pension plan in a lump and invested it in the market. As a retirement plan it wasn't benefiting me in that plan so retiring I could put that money to work has been huge for me. I did better on my own verses it in a plan not benefiting from the healthy markets since then.
street is offline   Reply With Quote
Old 02-02-2020, 07:07 PM   #34
Full time employment: Posting here.
cooch96's Avatar
 
Join Date: May 2014
Location: Lakewood
Posts: 903
2019 was Mostly great for me. DW got sacked from her megacorps, but I was still able to save a significant part of my salary. I accomplished this by canceling a planned furlough and all vacation travel for the year. I refused a project In August that would’ve required a 6-hour daily commute and, instead of also getting sacked, I was put on a different project near home.

My net worth increased by a 1/4 million in ‘19. Not much compared to some here. But 2019 was the year I surpassed subsistence-FIRE and stated banking my way to lean-FIRE.
__________________
Why be normal when you can be yourself?
cooch96 is offline   Reply With Quote
Old 02-02-2020, 08:22 PM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2009
Posts: 6,315
I basically recovered my 2018 losses so that looking at the 2 years (2018, 2019) together I averaged a little more than $100k per year.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote
Old 02-02-2020, 08:51 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
street's Avatar
 
Join Date: Nov 2016
Posts: 6,962
Quote:
Originally Posted by MarieIG View Post
This is the Money & Retirement Forum. It seems perfectly fine for people to celebrate their financial successes here. Personally, I enjoy reading about the success of others, whether on a smaller scale or a larger scale.
I agree. If I were in a non financial website and we discussed numbers that would be NO good. I don't feel any bragging about offering numbers here and there is a lot of folks here, with more of a portfolio then I got. We should all be very thankful where we are all at in life, regardless of a number that is higher or lower then ours.
street is offline   Reply With Quote
Old 02-03-2020, 01:13 PM   #37
Full time employment: Posting here.
 
Join Date: Aug 2015
Posts: 965
Well, 2019 was belly belly good to me. I retired over a year earlier than planned thanks to a generous ERP, which enabled higher savings during a great year of returns. Over a $350k gain, but much was added contributions. I think just based on returns, closer to $225k. My Roth gor pumped to over $300k, significantly more than my predictions showed a few years back & since Iím double dipping for 6 more months (pension plus full salary) plan to sock away more after tax, before I start blowing that dough (by delaying filing SS and doing Roth conversions). Done with any IRA contributions.
Perryinva is offline   Reply With Quote
Old 02-03-2020, 02:42 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 9,000
2018 stunk. It took a stiff upper lip to retire just as the market took a swoon.

But 2019 was almost too good. I gained more than 2017, without any w*rking income earned. Not a million dollars, but much more than our expenses. Woo hoo.
__________________
Retired Class of 2018


JoeWras is online now   Reply With Quote
Old 02-03-2020, 02:50 PM   #39
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 32,254
Quote:
Originally Posted by street View Post
I agree. If I were in a non financial website and we discussed numbers that would be NO good. I don't feel any bragging about offering numbers here and there is a lot of folks here, with more of a portfolio then I got. We should all be very thankful where we are all at in life, regardless of a number that is higher or lower then ours.
+1 I like having rich friends.

Rich real friends are a bit better because they'll pick up the dinner tab every once in a while, but you rich cyber friends are a-ok too.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is offline   Reply With Quote
Old 02-03-2020, 04:18 PM   #40
Thinks s/he gets paid by the post
 
Join Date: Oct 2014
Posts: 1,221
Quote:
Originally Posted by pb4uski View Post
+1 I like having rich friends.

Rich real friends are a bit better because they'll pick up the dinner tab every once in a while, but you rich cyber friends are a-ok too.
Rich cyber friends? Hmmm, maybe an ER.org meet up so those cyber friends can by you dinner?
__________________
-Big Dawg-FI since 9/2010. Failed ER in 2015. New target 202?.-

-"Blow that dough"-Robbie

" People say I'm lazy, dreaming my life away Well, they give me all kinds of advice designed to enlighten me When I tell them that I'm doing fine watching shadows on the wall "Don't you miss the big time, boy. You're no longer on the ball" -John Lennon-
Bigdawg is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
2017 year end tax planning GrayHare FIRE and Money 53 10-09-2017 06:04 PM
45 year old from Canada hoping to retire in 2017 freed2017 Hi, I am... 17 01-26-2017 08:33 AM
Beginning my FINAL YEAR! (Class of 2017) Indigo Mule Life after FIRE 16 10-31-2016 10:02 AM
From 100 million to 4 million FANOFJESUS FIRE and Money 19 08-22-2009 11:15 AM

» Quick Links

 
All times are GMT -6. The time now is 06:30 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.