View Poll Results: Passed a new $MM mark
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will or have in 2007
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39 |
45.35% |
Did in 2006
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33 |
38.37% |
Dif in 2005
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18 |
20.93% |
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Have you reached a new $MM mark in the alst few years?
07-08-2007, 05:26 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Have you reached a new $MM mark in the alst few years?
Did you pass a new $MM mark in the last 2 years or expect to do so in 2007? That would be 1, 2, 3, etc...
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07-08-2007, 06:03 PM
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#2
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Full time employment: Posting here.
Join Date: Jun 2004
Location: Calgary
Posts: 805
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Our net worth passed the $1 million (CAD) mark in June 2006 and it's currently around $1.27 million (CAD).
__________________
I can only be nice to one person today! Today is not your day...tomorrow doesn't look good either.
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07-08-2007, 06:13 PM
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#3
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Recycles dryer sheets
Join Date: Aug 2005
Posts: 328
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I hope to pass US$2e6 by the end of this year.
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07-08-2007, 06:14 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 2,155
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I passed the billion mark at least 10 years ago!
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07-08-2007, 06:22 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,226
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Yep, passed that milestone and feared we would drop under ... but we never have. Now it will take a few Black Mondays to do that.
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07-08-2007, 06:31 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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I did but then my wife we decided to diversify some of it into a bigger house...although if you take it as net worth including the house, you bet!
Anyone who didnt make a bunch of money in the last couple of years should be wondering why...
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Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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07-08-2007, 06:57 PM
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#7
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Recycles dryer sheets
Join Date: Jan 2006
Posts: 330
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I shall give my actual vote in about 15 years, when I break 1million  By then of course, 1million will be the new 100k, but I'll still be proud!
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07-08-2007, 07:09 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Broke the $1m and $2m barriers in 2005. The year started out just over $900K and would have ended around $1.2m, but then I had an inheritance. Currently pushing $2.5m.
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07-08-2007, 07:15 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 6,559
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Popped up over one of those milestones with the sale of a couple little houses a couple months ago. Gotta pile it on or April15 next year could dip us back under.
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Re: Have you reached a new $MM mark in the last few years?
07-08-2007, 07:26 PM
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#10
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Recycles dryer sheets
Join Date: Feb 2007
Posts: 193
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Re: Have you reached a new $MM mark in the last few years?
Dec 05 for DW and I was our first $MM mark. A bit over 1.3 to date hoping for some decent results in the balance of 07. If I can hit the next tick up - I will definitely change my FIRE status (if not before).
__________________
Oh Look, a squirrel!
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07-08-2007, 07:41 PM
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#11
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Full time employment: Posting here.
Join Date: Jun 2007
Posts: 567
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Man, I was just happy to pass $150k this year!
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07-08-2007, 07:47 PM
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#12
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Recycles dryer sheets
Join Date: Jun 2005
Posts: 297
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Let me pipe in with the customary question, "Is this investable assets only, or NW including home equity?"
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07-08-2007, 08:26 PM
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#13
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Confused about dryer sheets
Join Date: May 2007
Posts: 3
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Hit the first $MM in 2006. Thanks to LBYM, the best invention ever (compounding interest) and a robust economy, we're at 1.6 so far in 07.
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07-08-2007, 10:01 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,396
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I am hoping that it will happen in 2008.
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07-09-2007, 12:40 AM
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#15
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Dryer sheet aficionado
Join Date: Jun 2007
Posts: 45
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Just reached my first Million few weeks ago. About 10 years earlier than planed.
The last 2-3 years were just too good to be true. All thanks to diverting my portfolio to very undervalued stocks.
I always thought I will celebrate this event, but it came so fast that I was not prepared for it (my net worth was only 600K at the beginning of the year)
Did anyone celebrate his first million? How?
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07-09-2007, 04:39 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,635
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Quote:
Originally Posted by yona
J
Did anyone celebrate his first million? How?
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Took a two week trip to France in 2002 - my first foreign travel
(pretty much all my previous vacations were bike trips or backpacking).
__________________
learn, work, save, invest, fire
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07-09-2007, 08:22 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: Colorado, USA
Posts: 1,127
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Quote:
Originally Posted by yona
Just reached my first Million few weeks ago.
Did anyone celebrate his first million? How?
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I hit a $1M a couple of months ago. It's hard to celebrate -- I'm just barely there and even a mild downturn in the stock markets would drop me back down to 6 digits.
Coach
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07-09-2007, 08:25 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,291
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Passed $2M in 1999, retired in 2002, hoping to pass $3M in 2007 if second half is as good as 1H. Probably more likely in late 2008. Probably will celebrate with a month in a Tuscan Villa. Or maybe purchasing a sunbelt property.
__________________
For the fun of it...Keith
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07-09-2007, 02:14 PM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,799
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hmmm - more than once - over in 2000, dipped with the market drop, up again , Katrina unreimbursed losses, three deaths in the household, back over in 2006 - 1.2 with Vanguard not counting junk - house, vehicles, timberland, patented gold mine and misc weird stuff.
heh heh heh - do count the Norwegian widow stocks.
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07-09-2007, 07:44 PM
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#20
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,767
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Quote:
Originally Posted by kcowan
Passed $2M in 1999, retired in 2002, hoping to pass $3M in 2007 if second half is as good as 1H. Probably more likely in late 2008. Probably will celebrate with a month in a Tuscan Villa. Or maybe purchasing a sunbelt property.
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That'll certainly resolve the spousal "You can't spend it fast enough!!" challenge.
But how many times will we be passing the same financial goal over the next decade-- first on the way up and then dropping back down?
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