Race to 2024 - please join :)

I think it's because we mostly post here at the end of each quarter. So, you'll definately see at least a few posts here early October.
 
NgineER said:
51.5% investments and cash only

98.8% of target when including cash flow from properties
Click to expand...

49.8% investments and cash only

98.2% of target when including cash flow from properties
$1.49M invested assets - accumulating more while on sale…. Disheartening when the numbers are decreasing and retirement is farther away than it was a year ago.

Working on the multi legged stool. Hoping to have taxable brokerage account represent an equivalent portion to the Roth and traditional IRA accounts. I’ve done some TLH in my account and will offset future gains while not stepping out of the market.



27% Rental Equity (43% property equity)

25% traditional IRA+401k

26% Roth

13% Home Equity

9% Taxable Brokerage

1% Cash

0% Stock option plan
 
brokrken said:
Net Worth Excluding Real Estate and Personal Property
06/20/2017 - $1,205k
10/02/2017 - $1,273k - Nice little quarter, I would say.
1/1/2018 - $1,354k - Still headed in the right direction. Let's see what 2018 has to offer.
4/1/2018 - $1,398k - Smaller increase this quarter as the market hasn't helped. Luckily my contributions more than made up for the lack of market returns.
07/02/2018 - $1,461k - Q2 was similar story to Q1. Moving in the right direction though.
10/01/2018 - $1,537k
01/01/2019 - $1,328k - Ouch, what a terrible December
04/01/2019 - $1,520k - Q1 got back much of what Q4 lost!
07/01/2019 - $1,576k - Nice quarter and a new high. Still chugging along.
10/01/2019 - $1,594k - While I'm way up from January. I'm not that far up from same period prior year. But, I'll keep piling it in and hope the market helps me along the way.
01/01/2020 - $1,729 - Excellent Q4 for 2019, which more than made up for Q4 2018. Here's hoping 2020 brings more of the same.
04/01/2020 - $1,453k - Wow, the last 3 weeks have been brutal. Down $276k from last quarter and $67k from last year!
07/01/2020 - $1,763k - Amazing that this market has been so resilient and I am grateful for it. However, I am still expecting a W recovery, at best. All the money that was lost in Q2 is gone forever, unemployment is still extremely high and our deficits are out of control. You all may have even seen in a different thread that I have recently purchased October SPY puts with the thought that once Q2 earnings are realized and valuations are proven to be out of whack, we'll have a retest.
10/01/2020 - $1,948k - Well, those SPY puts haven't worked out so well. Finally closed them out at a loss a few weeks back. Anyway, another good, yet mystifying quarter. I did a separate thread where I celebrated eclipsing $2M. That lasted for about 2 days and I still haven't gotten back. Hopefully for the year end update I'll make it. Considering where my portfolio was on March 23, this update is really remarkable.
01/01/2021 - $2,194k - What an absolute mess of a year. While very thankful for how my portfolio performed, it is completely illogical. While the rest of the world was burning down, stocks marched higher. I'm fearful that 2021 takes it all back. That being said, I hope I am once again wrong, as doing so seems to be very profitable... And, I wish you all a very Happy New Year and Cheers to (fingers crossed) life getting back to normal
04/02/2021 - $2,422k - Was travelling yesterday so missed the 4/1 balance. Up nearly $1M from one year ago....freaking amazing. Being so close to my number, $3M, I'm wondering if I should start to adjust my allocation to a more conservative approach. Current I'm something like 83/8/9. On the one hand, it's what got me here so if it ain't broke don't fix it, on the other hand, I don't want to see it go away in a correction. I'm young enough that I could continue to w*rk for a couple more years if needed, but I don't really want to. Also, now seems like the worst time to buy bonds. No clue what to do. Anyway, hope you all had a nice quarter, as well
07/05/2021 - $2,704k - Another amazing quarter. Of course owning NVDA has helped. Still worried about a pull back. Being so close to my number with still some years left has me nervous, not wanting to give it all back.
10/01/2021 - $2,672k - It was a rough last few weeks. High for the Q was actually $2,792.
01/01/2022 - $2,985k Really nice year; even hit the $3M mark a couple times in the last few months. Just bought a vacation home, so about $100k of this is now gone per Dec 28th, but being so close to the end of the year, I just left it in to keep 2021 clean. Original goal was $3M; with inflation I'm thinking I might need to up that to $3.5M or $4M
04/01/2022 - $2,899k Rough quarter plus I removed some funds for the vacation home I mentioned last quarter. But, Q1 finished better than it looked like it was going to a few weeks ago. So, cheers to that. Here's hoping for a better Q2.
07/01/2022 - $2,409k Very rough quarter. Basically back to where I was April of 2021. Here's hoping for a better second half
Click to expand...

10/01/2022 - $2,294k Still going the wrong direction. Considering inflation, war in Europe, etc, etc. we may be in for a long recession. No worries. We've been through this before in '01/'02 and '08/'09 so we can get through it again. :cool:
 
Q1 2016 - 31.8% of our target, have a lot of heavy lifting to do in order to get ready for 2024 FIRE
Q2 2016 - 32.9% (+1.1%) of the target NW, very encouraged by the progress, looking forward to join 2 comma club this year.
Q3 2016 - 34.2% (+1.3%) of target, and finally joined two comma club
Q4 2016 - 35.6% (+1.4%) so far so good
Q1 2017 - 37.7% (+2.1%) big news - payed off house and have zero debt now. Markets have been hot during Q1 - that helped a lot
Q2 2017 - 39.6% (+1.9%) chugging along, hoping to cross 40% by end of July
Q3 2017 - 41.6% (+2.0%) - yey! looking forward to the midpoint of the race
Q4 2017 - 43.9% (+2.3%) that was blockbuster year, hope to have more of those going forward !!!
Q1 2018 - 44.9% (+1.0%) not bad
Q2 2018 - 46.5% (+1.6%) nice quarter!
Q3 2018 - 49.7% (+3.2%) looking forward to cross half-way mark this year!
Q4 2018 - 47.1% (-2.6%) terrible December killed that quarter, still positive for the year though
Q1 2019 - 51.1% (+4.0%) yey!!! Finally crossed half way mark
Q2 2019 - 53.2% (+2.1%) have exactly 5 years to go according to original plan
Q3 2019 - 55.0% (+1.8%) still racing
Q4 2019 - 57.9% (+2.9%) for the full 2019 our NW went up by 10.8% of the target and we beat year end estimate by $112k
Q1 2020 - 52.8% (-5.1%) At this point we are just happy to have our paychecks and that we both can work from home.
Q2 2020 - 59.6% (+6.8%) thankful for Q2 market gains and also believe we will see one more leg down before full recovery to February highs.
Q3 2020 - 63.7% (+4.1%) this year is shaping up to be interesting
Q4 2020 - 67.6% (+3.9%) crossed $2M mark on out NW, not complaining at all
Q1 2021 - 70.0% (+2.4%) nice small milestone!
Q2 2021 - 73.9% (+3.9%)
Q3 2021 - 74.4% (+0.5%) green for the quarter - that what counts
Q4 2021 - 78.7% (+4.3%) six years of racing here
Q1 2022 - 77.2% (-1.5%) slightly down, will see how it will go this year ...
Q2 2022 - 70.4% (-6.8%) rough quarter and we are back to Q1 2021
Click to expand...
Q3 2022 - 68.2% (-2.2%) not as bad as was previous Q, but still red. To be fair it is not all that bad as we can buy cheap now :cool:
 
Still on track for 2024 money wise. But with partial retirement job switch at the beginning of 2022, being sick most of 2022 (can’t bend over or run but otherwise sort of okay), paying for DD college and that painful 25% drop YTD, could be 2026. However, DW had and interview today for a job change in February 2023; if that happens will be the class of 2023. But then if I have OMY syndrome, I will be back to 2024.
 
I recently did some tinkering and reduced our travel budget in the Fidelity planner from $48K/yr. to $24K, and our score went from 87 to 108. That made me feel good about our flexibility. Hell, I keep saying we could retire now, but we both don't dislike our jobs right now and we're paid really well, so why not stick to our target for now? I'm hoping the market will be at least on its way up if not well into a recovery by 2024.
 
I realized not long after I joined this thread that I did my math wrong and was actually supposed to be the Class of 2025, as that's when DD graduates high school. However, rather than change threads I just stayed here. In the meantime, I also thought it would be silly for me to leave before I get my bonus in March of 2026. Therefore, March of 2026 is the current plan, which puts me on pace to hit the Appalachian Trail in early April of 2026.
 
brokrken said:
Net Worth Excluding Real Estate and Personal Property
06/20/2017 - $1,205k
10/02/2017 - $1,273k - Nice little quarter, I would say.
1/1/2018 - $1,354k - Still headed in the right direction. Let's see what 2018 has to offer.
4/1/2018 - $1,398k - Smaller increase this quarter as the market hasn't helped. Luckily my contributions more than made up for the lack of market returns.
07/02/2018 - $1,461k - Q2 was similar story to Q1. Moving in the right direction though.
10/01/2018 - $1,537k
01/01/2019 - $1,328k - Ouch, what a terrible December
04/01/2019 - $1,520k - Q1 got back much of what Q4 lost!
07/01/2019 - $1,576k - Nice quarter and a new high. Still chugging along.
10/01/2019 - $1,594k - While I'm way up from January. I'm not that far up from same period prior year. But, I'll keep piling it in and hope the market helps me along the way.
01/01/2020 - $1,729 - Excellent Q4 for 2019, which more than made up for Q4 2018. Here's hoping 2020 brings more of the same.
04/01/2020 - $1,453k - Wow, the last 3 weeks have been brutal. Down $276k from last quarter and $67k from last year!
07/01/2020 - $1,763k - Amazing that this market has been so resilient and I am grateful for it. However, I am still expecting a W recovery, at best. All the money that was lost in Q2 is gone forever, unemployment is still extremely high and our deficits are out of control. You all may have even seen in a different thread that I have recently purchased October SPY puts with the thought that once Q2 earnings are realized and valuations are proven to be out of whack, we'll have a retest.
10/01/2020 - $1,948k - Well, those SPY puts haven't worked out so well. Finally closed them out at a loss a few weeks back. Anyway, another good, yet mystifying quarter. I did a separate thread where I celebrated eclipsing $2M. That lasted for about 2 days and I still haven't gotten back. Hopefully for the year end update I'll make it. Considering where my portfolio was on March 23, this update is really remarkable.
01/01/2021 - $2,194k - What an absolute mess of a year. While very thankful for how my portfolio performed, it is completely illogical. While the rest of the world was burning down, stocks marched higher. I'm fearful that 2021 takes it all back. That being said, I hope I am once again wrong, as doing so seems to be very profitable... And, I wish you all a very Happy New Year and Cheers to (fingers crossed) life getting back to normal
04/02/2021 - $2,422k - Was travelling yesterday so missed the 4/1 balance. Up nearly $1M from one year ago....freaking amazing. Being so close to my number, $3M, I'm wondering if I should start to adjust my allocation to a more conservative approach. Current I'm something like 83/8/9. On the one hand, it's what got me here so if it ain't broke don't fix it, on the other hand, I don't want to see it go away in a correction. I'm young enough that I could continue to w*rk for a couple more years if needed, but I don't really want to. Also, now seems like the worst time to buy bonds. No clue what to do. Anyway, hope you all had a nice quarter, as well
07/05/2021 - $2,704k - Another amazing quarter. Of course owning NVDA has helped. Still worried about a pull back. Being so close to my number with still some years left has me nervous, not wanting to give it all back.
10/01/2021 - $2,672k - It was a rough last few weeks. High for the Q was actually $2,792.
01/01/2022 - $2,985k Really nice year; even hit the $3M mark a couple times in the last few months. Just bought a vacation home, so about $100k of this is now gone per Dec 28th, but being so close to the end of the year, I just left it in to keep 2021 clean. Original goal was $3M; with inflation I'm thinking I might need to up that to $3.5M or $4M
04/01/2022 - $2,899k Rough quarter plus I removed some funds for the vacation home I mentioned last quarter. But, Q1 finished better than it looked like it was going to a few weeks ago. So, cheers to that. Here's hoping for a better Q2.
07/01/2022 - $2,409k Very rough quarter. Basically back to where I was April of 2021. Here's hoping for a better second half
10/01/2022 - $2,294k Still going the wrong direction. Considering inflation, war in Europe, etc, etc. we may be in for a long recession. No worries. We've been through this before in '01/'02 and '08/'09 so we can get through it again. :cool:
Click to expand...

01/01/2023 - $2,502k Got some of what we've lost back. Here's looking at a more profitable 2023. Happy New Year, everyone!
 
$1.59M invested assets - accumulating more while on sale…. Disheartening when the numbers are decreasing, and retirement is farther away than it was a year ago.

| % of Target|
|investments and cash| investments with RE cash flow
2017 Q4|42.4|50.0
2018 Q1|41.1|53.0
2018 Q2|42.9|60.4
2018 Q3|42.1|66.6
2018 Q4|38.8|62.4
2019 Q1|44.0|68.5
2019 Q2|45.3|71.3
2019 Q3|42.8|68.8
2019 Q4|46.3|74.2
2020 Q1|40.0|77.6
2020 Q2|42.3|80.5
2020 Q3|43.7|83.5
2020 Q4|47.9|92.0
2021 Q1|50.7|94.9
2021 Q2|53.5|105.9
2021 Q3|53.2|107.2
2021 Q4|56.4|112.7
2022 Q1|54.3|104.2
2022 Q2|53.5|105.9
2022 Q3|49.8|98.2
2022 Q4|54.6|100.7

Working on the multi legged stool. Targeting to have taxable brokerage account/Cash/Stock Options, traditional IRA and Roth IRA have about the same weighting upon FIRE.

| | |Networth Breakdown %| |
|t-IRA|Roth IRA|Taxable/Cash|RE Equity|Home Equity
2020 Q4|30|32|2|29|7
2021 Q1|30|32|3|28|7
2021 Q2|29|32|3|28|8
2021 Q3|29|31|3|29|8
2021 Q4|29|31|3|30|7
2022 Q1|29|31|3|30|7
2022 Q2|25|27|10|26|12
2022 Q3|25|26|10|27|13
2022 Q4|25|26|12|25|12
 
Last edited:
Q1 2016 - 31.8% of our target, have a lot of heavy lifting to do in order to get ready for 2024 FIRE
Q2 2016 - 32.9% (+1.1%) of the target NW, very encouraged by the progress, looking forward to join 2 comma club this year.
Q3 2016 - 34.2% (+1.3%) of target, and finally joined two comma club
Q4 2016 - 35.6% (+1.4%) so far so good
Q1 2017 - 37.7% (+2.1%) big news - payed off house and have zero debt now. Markets have been hot during Q1 - that helped a lot
Q2 2017 - 39.6% (+1.9%) chugging along, hoping to cross 40% by end of July
Q3 2017 - 41.6% (+2.0%) - yey! looking forward to the midpoint of the race
Q4 2017 - 43.9% (+2.3%) that was blockbuster year, hope to have more of those going forward !!!
Q1 2018 - 44.9% (+1.0%) not bad
Q2 2018 - 46.5% (+1.6%) nice quarter!
Q3 2018 - 49.7% (+3.2%) looking forward to cross half-way mark this year!
Q4 2018 - 47.1% (-2.6%) terrible December killed that quarter, still positive for the year though
Q1 2019 - 51.1% (+4.0%) yey!!! Finally crossed half way mark
Q2 2019 - 53.2% (+2.1%) have exactly 5 years to go according to original plan
Q3 2019 - 55.0% (+1.8%) still racing
Q4 2019 - 57.9% (+2.9%) for the full 2019 our NW went up by 10.8% of the target and we beat year end estimate by $112k
Q1 2020 - 52.8% (-5.1%) At this point we are just happy to have our paychecks and that we both can work from home.
Q2 2020 - 59.6% (+6.8%) thankful for Q2 market gains and also believe we will see one more leg down before full recovery to February highs.
Q3 2020 - 63.7% (+4.1%) this year is shaping up to be interesting
Q4 2020 - 67.6% (+3.9%) crossed $2M mark on out NW, not complaining at all
Q1 2021 - 70.0% (+2.4%) nice small milestone!
Q2 2021 - 73.9% (+3.9%)
Q3 2021 - 74.4% (+0.5%) green for the quarter - that what counts
Q4 2021 - 78.7% (+4.3%) six years of racing here
Q1 2022 - 77.2% (-1.5%) slightly down, will see how it will go this year ...
Q2 2022 - 70.4% (-6.8%) rough quarter and we are back to Q1 2021
Q3 2022 - 68.2% (-2.2%) not as bad as was previous Q, but still red. To be fair it is not all that bad as we can buy cheap now*
Click to expand...

Q4 2022 - 72.1% (+3.9%) finally some gains, but still red for the year. Looking forward to leave those red quarters behind in 2023!!!
 
Plan was end of 2024 but will be end of 2025 now looks like. Goal is $1.4M in stock/bond investments with USA house paid off and two Malaysia homes paid off and remodeled, and a new minivan for driving around USA road trips when in the USA. All toys bought that I want before stop work (video game,music, and book stuff).

Current age 38 and wife 35. Current stock/bond invetment $ = 1.2M with 60% of USA house paid off and the two Malaysian homes essentially paid off. No kids and just had a vasectomy few months ago :) We save around $150k per year on avg last few years.
 
Excited to join Exit 2024. Date will be sometime in Nov 24. I'll be eligible for retiree heath insurance and able to easily tap 401(k) without 10 percent penalty.
 
pjigar said:
It has been a while since this class posted any update. So I am waking up the thread.


Our original FIRE date was 2024 based on "nestegg=expenses*36" formula. Our expenses are creeping up now so am not sure where we will end up with. Our portfolio is at 80% of target and current projected FIRE date is 2025. The inflation in a next couple of years may push the date out even further! Keeping fingers crossed.
Click to expand...


Portfolio is now 75% of target mainly because the expenses are creeping up. FI date is still tracking to be 2025. On the other hand, my work has been becoming so relaxed that I may just stick to my job even after FI and not RE!
 
luv2hunt said:
Ended Q1 2023 up 352k at 4.933M (89.7% of target)
Click to expand...

I understand having a target number of retirement $. But I don't think it should be the driving force for when a person retires.

Time>Money. Don't wait too long to retire. In reality, an equity investor has little control of when they will hit a number. Some may never hit their number. And we also have no control of how much time we have left.

Some people who keep working to achieve their number realize later that they spent too much time working. You will never enjoy the $ that you have left when you die. Someone else will.
 
I am joining your club officially. I was spring of this year. That ship has sailed due to some goals and not directly money related.
My job is physical and I opened a claim for carpal tunnel syndrome, and the first of two surgeries is now early May. It pushed everything back a bit. I want to get these done on L&I, as it is work related.
 
$1.73M invested assets - steady progress

| % of Target|
|investments and cash| investments with RE cash flow
2017 Q4|42.4|50.0
2018 Q1|41.1|53.0
2018 Q2|42.9|60.4
2018 Q3|42.1|66.6
2018 Q4|38.8|62.4
2019 Q1|44.0|68.5
2019 Q2|45.3|71.3
2019 Q3|42.8|68.8
2019 Q4|46.3|74.2
2020 Q1|40.0|77.6
2020 Q2|42.3|80.5
2020 Q3|43.7|83.5
2020 Q4|47.9|92.0
2021 Q1|50.7|94.9
2021 Q2|53.5|105.9
2021 Q3|53.2|107.2
2021 Q4|56.4|112.7
2022 Q1|54.3|104.2
2022 Q2|53.5|105.9
2022 Q3|49.8|98.2
2022 Q4|54.6|100.7
2023 Q1|58.3|108.6

Working on the multi legged stool. Targeting to have taxable brokerage account/Cash/Stock Options, traditional IRA and Roth IRA have about the same weighting upon FIRE.

| | |Networth Breakdown %| |
|t-IRA|Roth IRA|Taxable/Cash|RE Equity|Home Equity
2020 Q4|30|32|2|29|7
2021 Q1|30|32|3|28|7
2021 Q2|29|32|3|28|8
2021 Q3|29|31|3|29|8
2021 Q4|29|31|3|30|7
2022 Q1|29|31|3|30|7
2022 Q2|25|27|10|26|12
2022 Q3|25|26|10|27|13
2022 Q4|25|26|12|25|12
2023 Q1|25|27|11|25|11
[/QUOTE]
 
pjigar said:
Portfolio is now 75% of target mainly because the expenses are creeping up. FI date is still tracking to be 2025. On the other hand, my work has been becoming so relaxed that I may just stick to my job even after FI and not RE!
Click to expand...
Portfolio is 81% of target now. Projected spending is still on the rise due to the inflation.
 
Q1 2016 - 31.8% of our target, have a lot of heavy lifting to do in order to get ready for 2024 FIRE
Q2 2016 - 32.9% (+1.1%) of the target NW, very encouraged by the progress, looking forward to join 2 comma club this year.
Q3 2016 - 34.2% (+1.3%) of target, and finally joined two comma club
Q4 2016 - 35.6% (+1.4%) so far so good
Q1 2017 - 37.7% (+2.1%) big news - payed off house and have zero debt now. Markets have been hot during Q1 - that helped a lot
Q2 2017 - 39.6% (+1.9%) chugging along, hoping to cross 40% by end of July
Q3 2017 - 41.6% (+2.0%) - yey! looking forward to the midpoint of the race
Q4 2017 - 43.9% (+2.3%) that was blockbuster year, hope to have more of those going forward !!!
Q1 2018 - 44.9% (+1.0%) not bad
Q2 2018 - 46.5% (+1.6%) nice quarter!
Q3 2018 - 49.7% (+3.2%) looking forward to cross half-way mark this year!
Q4 2018 - 47.1% (-2.6%) terrible December killed that quarter, still positive for the year though
Q1 2019 - 51.1% (+4.0%) yey!!! Finally crossed half way mark
Q2 2019 - 53.2% (+2.1%) have exactly 5 years to go according to original plan
Q3 2019 - 55.0% (+1.8%) still racing
Q4 2019 - 57.9% (+2.9%) for the full 2019 our NW went up by 10.8% of the target and we beat year end estimate by $112k
Q1 2020 - 52.8% (-5.1%) At this point we are just happy to have our paychecks and that we both can work from home.
Q2 2020 - 59.6% (+6.8%) thankful for Q2 market gains and also believe we will see one more leg down before full recovery to February highs.
Q3 2020 - 63.7% (+4.1%) this year is shaping up to be interesting
Q4 2020 - 67.6% (+3.9%) crossed $2M mark on out NW, not complaining at all
Q1 2021 - 70.0% (+2.4%) nice small milestone!
Q2 2021 - 73.9% (+3.9%)
Q3 2021 - 74.4% (+0.5%) green for the quarter - that what counts
Q4 2021 - 78.7% (+4.3%) six years of racing here
Q1 2022 - 77.2% (-1.5%) slightly down, will see how it will go this year ...
Q2 2022 - 70.4% (-6.8%) rough quarter and we are back to Q1 2021
Q3 2022 - 68.2% (-2.2%) not as bad as was previous Q, but still red. To be fair it is not all that bad as we can buy cheap now*
Q4 2022 - 72.1% (+3.9%) finally some gains, but stull red for the year. Looking forward leave those red quarters behind in 2023 !!!
Click to expand...

Q1 2023 - 75.8% (+3.7%) slowly recovering from the 2022 losses, looks like OMY is in books for us - class of 2025 or even 2026 if inflation will continue to bite.
 
brokrken said:
Net Worth Excluding Real Estate and Personal Property
06/20/2017 - $1,205k
10/02/2017 - $1,273k - Nice little quarter, I would say.
1/1/2018 - $1,354k - Still headed in the right direction. Let's see what 2018 has to offer.
4/1/2018 - $1,398k - Smaller increase this quarter as the market hasn't helped. Luckily my contributions more than made up for the lack of market returns.
07/02/2018 - $1,461k - Q2 was similar story to Q1. Moving in the right direction though.
10/01/2018 - $1,537k
01/01/2019 - $1,328k - Ouch, what a terrible December
04/01/2019 - $1,520k - Q1 got back much of what Q4 lost!
07/01/2019 - $1,576k - Nice quarter and a new high. Still chugging along.
10/01/2019 - $1,594k - While I'm way up from January. I'm not that far up from same period prior year. But, I'll keep piling it in and hope the market helps me along the way.
01/01/2020 - $1,729 - Excellent Q4 for 2019, which more than made up for Q4 2018. Here's hoping 2020 brings more of the same.
04/01/2020 - $1,453k - Wow, the last 3 weeks have been brutal. Down $276k from last quarter and $67k from last year!
07/01/2020 - $1,763k - Amazing that this market has been so resilient and I am grateful for it. However, I am still expecting a W recovery, at best. All the money that was lost in Q2 is gone forever, unemployment is still extremely high and our deficits are out of control. You all may have even seen in a different thread that I have recently purchased October SPY puts with the thought that once Q2 earnings are realized and valuations are proven to be out of whack, we'll have a retest.
10/01/2020 - $1,948k - Well, those SPY puts haven't worked out so well. Finally closed them out at a loss a few weeks back. Anyway, another good, yet mystifying quarter. I did a separate thread where I celebrated eclipsing $2M. That lasted for about 2 days and I still haven't gotten back. Hopefully for the year end update I'll make it. Considering where my portfolio was on March 23, this update is really remarkable.
01/01/2021 - $2,194k - What an absolute mess of a year. While very thankful for how my portfolio performed, it is completely illogical. While the rest of the world was burning down, stocks marched higher. I'm fearful that 2021 takes it all back. That being said, I hope I am once again wrong, as doing so seems to be very profitable... And, I wish you all a very Happy New Year and Cheers to (fingers crossed) life getting back to normal
04/02/2021 - $2,422k - Was travelling yesterday so missed the 4/1 balance. Up nearly $1M from one year ago....freaking amazing. Being so close to my number, $3M, I'm wondering if I should start to adjust my allocation to a more conservative approach. Current I'm something like 83/8/9. On the one hand, it's what got me here so if it ain't broke don't fix it, on the other hand, I don't want to see it go away in a correction. I'm young enough that I could continue to w*rk for a couple more years if needed, but I don't really want to. Also, now seems like the worst time to buy bonds. No clue what to do. Anyway, hope you all had a nice quarter, as well
07/05/2021 - $2,704k - Another amazing quarter. Of course owning NVDA has helped. Still worried about a pull back. Being so close to my number with still some years left has me nervous, not wanting to give it all back.
10/01/2021 - $2,672k - It was a rough last few weeks. High for the Q was actually $2,792.
01/01/2022 - $2,985k Really nice year; even hit the $3M mark a couple times in the last few months. Just bought a vacation home, so about $100k of this is now gone per Dec 28th, but being so close to the end of the year, I just left it in to keep 2021 clean. Original goal was $3M; with inflation I'm thinking I might need to up that to $3.5M or $4M
04/01/2022 - $2,899k Rough quarter plus I removed some funds for the vacation home I mentioned last quarter. But, Q1 finished better than it looked like it was going to a few weeks ago. So, cheers to that. Here's hoping for a better Q2.
07/01/2022 - $2,409k Very rough quarter. Basically back to where I was April of 2021. Here's hoping for a better second half
10/01/2022 - $2,294k Still going the wrong direction. Considering inflation, war in Europe, etc, etc. we may be in for a long recession. No worries. We've been through this before in '01/'02 and '08/'09 so we can get through it again.
01/01/2023 - $2,502k Got some of what we've lost back. Here's looking at a more profitable 2023. Happy New Year, everyone!
Click to expand...

04/01/2023 - $2,906k Nice Q1! Still below all-time high, but working our way back there. Also, still reviewing wether I need to up our target number and wether to adjust our AA to a more conservative approach. Getting too close to the end to have the sequence of return risk that we went through in 2022.
 
Exit 2024 said:
Q1 2023 - 75.8% (+3.7%) slowly recovering from the 2022 losses, looks like OMY is in books for us - class of 2025 or even 2026 if inflation will continue to bite.
Click to expand...

I'm with you. Target for me is Mid-March 2026. My daughter graduates high school in 2025, but it makes sense for me to stay on the payroll until March 2026 to bank one last bonus. My company is also in the process of going public. Depending on how (and when) that goes, it could also impact the timing.
 
You must log in or register to reply here.

Similar threads

Rianne
I Bond Interest
Replies
11
Views
657
Koolau
Koolau
Rianne
Estimated tax withholding and payment
Replies
14
Views
1K
Cobra9777
Cobra9777
S
Will this work to minimize taxes on inherited IRA?
Replies
12
Views
984
cathy63
C
P
ACA tax question regarding selling stock at start of year, moving to medicare in July
Replies
4
Views
528
Patricia Lyn
P
J
Newly Retired and IRMAA
Replies
1
Views
481
CincyDave
C

Latest posts

Back
Top Bottom