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View Poll Results: Passed a new $MM mark
will or have in 2007 39 45.35%
Did in 2006 33 38.37%
Dif in 2005 18 20.93%
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Have you reached a new $MM mark in the alst few years?
Old 07-08-2007, 05:26 PM   #1
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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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Old 07-08-2007, 06:03 PM   #2
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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).
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Old 07-08-2007, 06:13 PM   #3
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I hope to pass US$2e6 by the end of this year.
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Old 07-08-2007, 06:14 PM   #4
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I passed the billion mark at least 10 years ago!
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Old 07-08-2007, 06:22 PM   #5
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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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Old 07-08-2007, 06:31 PM   #6
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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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Old 07-08-2007, 06:57 PM   #7
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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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Old 07-08-2007, 07:09 PM   #8
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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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Old 07-08-2007, 07:15 PM   #9
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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?
Old 07-08-2007, 07:26 PM   #10
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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).
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Old 07-08-2007, 07:41 PM   #11
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Man, I was just happy to pass $150k this year!
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Old 07-08-2007, 07:47 PM   #12
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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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Old 07-08-2007, 08:26 PM   #13
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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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Old 07-08-2007, 10:01 PM   #14
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I am hoping that it will happen in 2008.
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Old 07-09-2007, 12:40 AM   #15
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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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Old 07-09-2007, 04:39 AM   #16
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J
Did anyone celebrate his first million? How?
Took a two week trip to France in 2002 - my first foreign travel
(pretty much all my previous vacations were bike trips or backpacking).
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Old 07-09-2007, 08:22 AM   #17
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Quote:
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Just reached my first Million few weeks ago.
Did anyone celebrate his first million? How?
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.

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Old 07-09-2007, 08:25 AM   #18
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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.
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Old 07-09-2007, 02:14 PM   #19
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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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Old 07-09-2007, 07:44 PM   #20
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Quote:
Originally Posted by kcowan View Post
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.
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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