No, More than $300,000+ is after-tax money, so I don't have to pay income taxes anymore on the $300,000+. So, right now, the $800K+ is actually equal to around $900,000 of pre-tax savings. And if I hit $900,000+ or more by end of year - that's equivalent to $1 Million in pre-tax savings. I reckon my after-tax savings will be around $350K - $360K with my salary at the end of the year.
No, I respectfully disagree with you on the bear market. Dow might head to 50,000 in a few years. Being an active trader for 30 years, investing in options and stocks, there is no bear market in 2018 because as Warren Buffett said the 25% gain in the tax reforms are not yet factored into the corporate earnings. Sure there could be some minor consolidation, but Dow is headin to 50,000 because of tech - AI, IOT, Blockchain technology . If the market falls a bit, then I'm putting more money it, buy Low and hold
16% return is nothing - that's the sign of the start of a Bull market. you're looking at 1000%-5000% returns in cryptos, lol.