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04-12-2007, 08:39 AM
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#1
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Moderator
Join Date: Sep 2006
Posts: 3,795
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new milestone for us
Well, we just reached a new milestone. Total cash, stocks, and bonds crossed the $500K mark today (this does not include house equity). I looked back at my numbers, and I see that that this figure has grown by 100K since Aug '06, just 8 months! Ah, the power of LBYM, compounding, and a good market. Woo-hoo! 
__________________
simple girl
less stuff, more time
(55, married; Mr. Simple Girl, 59. FIRED 12/31/19!)
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04-12-2007, 08:49 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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Re: new milestone for us
Congrats. One milestone for us was the first time that I realized that the gains in our portfolio (interest, dividends, and cap gains) exceeded what I put in for that year. Sure, we had the benefit of a good market at that time, but it was a sign that the portolio had taken off on it's own. But, the next year was a letdown and a reminder that results will vary--sometimes a lot.
Good job.
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04-12-2007, 08:50 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Sep 2005
Posts: 1,677
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Re: new milestone for us
Congrats!!! the next 500 should be even easier.
__________________
Dogs aren't our whole lives, but they make our lives whole. - Roger Caras
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04-12-2007, 09:07 AM
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#4
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Full time employment: Posting here.
Join Date: Nov 2005
Posts: 655
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Re: new milestone for us
LBYM has really paid off for you. Great job simple girl!
__________________
"I went to the woods because I wished to live deliberately... and not, when I came to die, discover that I had not lived."
--Henry David Thoreau
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04-12-2007, 09:15 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
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Re: new milestone for us
It's always such a great feeling reaching one of your milestones. Hope the next $100k accumulates as quickly.
__________________
I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
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04-12-2007, 09:19 AM
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#6
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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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Re: new milestone for us
Way to go, Simple Girl!
Coach
__________________
"Comprehensive health insurance is an idea whose time has come in America." President Richard M. Nixon, February 6, 1974
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04-12-2007, 11:05 AM
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#7
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 160
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Re: new milestone for us
Hey, congratulations.....feels good, doesn't it? ;-)
LooseChickens
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04-12-2007, 11:26 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,682
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Re: new milestone for us
 Quote:
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Originally Posted by Outtahere
Congrats!!! the next 500 should be even easier.
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Kinda depends on how much of that was interest and how much
was deposits.
tj
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04-12-2007, 11:30 AM
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#9
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Full time employment: Posting here.
Join Date: Dec 2006
Posts: 509
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Re: new milestone for us
Congrats!
These kinds of posts are always inspirational for us closer to the $100k mark...
Quote:
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Originally Posted by simple girl
Well, we just reached a new milestone. Total cash, stocks, and bonds crossed the $500K mark today (this does not include house equity). I looked back at my numbers, and I see that that this figure has grown by 100K since Aug '06, just 8 months! Ah, the power of LBYM, compounding, and a good market. Woo-hoo! |
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04-12-2007, 12:17 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,287
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Re: new milestone for us
Congratulations!
I remember our first milestone was $10k. : 
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There's no need to complicate, our time is short..
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04-12-2007, 12:31 PM
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#11
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Recycles dryer sheets
Join Date: Dec 2002
Posts: 129
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Re: new milestone for us
I remember when still had wife's student loans so the milestone was a positive net worth.
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04-12-2007, 01:22 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,624
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Re: new milestone for us
Congratulations!
I save off my net worth statement every time something crosses any milestone -- when assets exceed a round number, when liabilities drop under a round number, when my net worth crosses a round number, when a large account crosses a round number...more times to celebrate!
2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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04-12-2007, 01:25 PM
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#13
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 211
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Re: new milestone for us
hee hee hee--I know this doesn't compare much but our latest milestone was $25K in the house fund. Most of that was saved in about 4 months in a low-ish interest MM savings account (about 3% interest) so we're actually pretty darned proud of it.
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04-12-2007, 01:46 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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Re: new milestone for us
Quote:
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Originally Posted by OKLibrarian
hee hee hee--I know this doesn't compare much but our latest milestone was $25K in the house fund. Most of that was saved in about 4 months in a low-ish interest MM savings account (about 3% interest) so we're actually pretty darned proud of it.
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Look into Treasury Direct or Vanguard MM funds - all over 5%
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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04-12-2007, 02:02 PM
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#15
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 211
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Re: new milestone for us
we're only about 3 months away from buying--trying to figure out how much additional interest we'd earn in that short a period of time. that said, the first thing we're doing after we close on the house is opening an account at vanguard for our ready cash as well as IRAs and taxable stuff. The only thing that makes me nervous about going for the MM fund instead of a MM savings account is the lack of FDIC--but how big a deal is that really?
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