Share your net worth progression

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orange2334
Posts: 4
Joined: Sat Nov 19, 2016 9:23 pm

Re: Share your networth progression

Postby orange2334 » Sun Nov 20, 2016 3:40 am

YEAR Net Worth agi
1998 -20000- 58000: bought small house (I would have been happy staying in this one :happy ).
1999 -10000- 60000
2000 - 0 - 64000
2001- 10000- 68000
2002- 20000- 72000
2003- 30000- 76000
2004- 40000- 80000
2005- 50000- 84000
2006- 60000- 88000: bought a little bigger house.
2007- 70000- 92000
2008- 80000- 96000
2009- 90000- 100000
2010 - 100000- 104000
2011 - 162084- 108000
2012 -195674- 112000
2013 -253600- 116000
2014 -292075- 120000
2015 -310000- 124000: bought a little bigger house.
2016 -352800- 128000

I posted, like others, to give another perspective. This is for the slow and steady types. DINK- I've been teaching and coaching for my entire career. Wife works in middle management for a big insurance company. She makes a little more. These numbers include my DW income as well, which closely matched mine through the years. I didn't keep good records until 2011--2006 through 2010 probably a bit low-- so I plugged in very close numbers up until then. At almost age 44, I am not wealthy by some standards. My high school teacher's pension is underfunded, and I just included the lower value of what I would receive if I stopped teaching this year. Our small successes have come from my taking extra courses beyond the masters, and marrying the right person. No regrets here- We were able to help sibling medical bills and spend a lot on travel sports for our two girls. We've been to Disney I can't count how many times. Our savings rate goal for next year is 50%. If I ever have time, I think real estate is a good way to get wealthy, slowly.

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LadyGeek
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Re: Share your networth progression

Postby LadyGeek » Sun Nov 20, 2016 10:29 am

market timer wrote:1/1/09: -$210K (started working this year)
1/1/10: -$120K
1/1/11: -$35K
1/1/12: $150K
1/1/13: $300K
1/1/14: $510K
1/1/15: $670K
1/1/16: $740K
11/19/16: $1.1mn

Does not include wife's assets.

Currently have a good work/life balance, raising a young family, and feel little need to add another digit to my net worth. Another 10-15 years of this and I'll be potentially looking at real retirement.

For our newer readers, I'd like to point out market timer's drop in net worth from 1/1/09 to 1/1/11. The chronology of his portfolio management is documented in this 29 page thread: A different approach to asset allocation (Sep 16, 2007)

The recovery starts at this post: market timer (Page 27)
To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

Trader/Investor
Posts: 224
Joined: Wed Dec 02, 2015 9:35 pm

Re: Share your net worth progression

Postby Trader/Investor » Sun Nov 20, 2016 11:57 am

Not a fan of these type threads but will take the bait. This is my investable/trading cash progression not net worth. Regarding net worth it was negative from 1969 through 1984 due to credit card debt etc. My investable cash during that period ranged from $2000 to $4000. I worked part time jobs and never made over $18000 a year. In March 1985 a bulb finally went on in my head. Figures are year end unless otherwise noted. Living expenses impacted bottom line as I had no job from 1993 forward.

1985 $2200 March
1994 $120,000 May
1998 $550,000 June
1998 $350,000 July - divorce settlement reason for the decline
2000 $605,000
2004 $820,000
2007 $1,015,000 March
2008 $820,000 Decline due to cash home purchase in April of previous year and lost 4.5% in the market in 08.
2009 $1,055,000
2012 $1,423,000
2016 $2,074,000 through 11/18

Again, this is investable/trading cash progression not net worth. I am debt fee.

printer86
Posts: 56
Joined: Mon Apr 25, 2016 8:45 am

Re: Share your net worth progression

Postby printer86 » Sun Nov 20, 2016 5:29 pm

Ok, I will play too. I will list my numbers at the end of each decade starting with the year I graduated college and got my first job (1986). I was very fortunate to come out of school without debt. I will also list my total earnings during the previous decade. I will not include cars or belongings, but will list the value of our house at each time (we moved a lot).

1986 (BA degree and first job)
$10k - 10 yr total earnings (really only 6 years)
$0 - Property
$0 - Cash/Investments
($4k) - Debt - car loan
($4) - NW

1996 (Year we bought our first house)
$444k - 10 yr total earnings - including spouse
$225k - Property - 1st house
$50k - Cash/Investments (all 401k)
($205k) - Debt - Mortgage
$70k - NW

2006
$2,200K 10 yr total earnings - one income household
$645k - Property - house
$423k -Cash/Investments
($200k) - Debt - Mortgage
$868k - NW

2016
$3,000k - 10 yr total earnings - one income household
$600k - Property - current house
$1,700k - Cash/Investments
($0) - Debt
$2,300 - NW
Last edited by printer86 on Wed Nov 23, 2016 2:55 pm, edited 1 time in total.

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randomizer
Posts: 434
Joined: Sun Jul 06, 2014 3:46 pm

Re: Share your net worth progression

Postby randomizer » Tue Nov 22, 2016 3:00 am

Some very approximate dates/numbers.

Code: Select all

2010:          0 (or negative)
2011:     10,000
2014:    100,000
2017:  1,000,000
????: 10,000,000 (never)

Had a fair bit of luck in recent years. I don't expect that growth rate to continue.
Last edited by randomizer on Fri Mar 03, 2017 9:24 am, edited 5 times in total.

Flashes1
Posts: 788
Joined: Wed May 07, 2008 7:43 am

Re: Share your net worth progression

Postby Flashes1 » Tue Nov 22, 2016 9:59 am

Year Net Worth
2004: $215,000 - got married, I'd been working for 13 yrs., wife just got out of medical training.
2005: $312,000
2006: $450,000 - Baby 1 born
2007: $522,000 - Baby 2 born.
2008: $441,000 - one of the toughest Christmas's thinking of the beautiful Ferrari I could have bought with my losses.
2009: $617,000 - one of the best Christmas's.
2010: $793,000 - now I'm starting to feel a little rich.
2011: $938,000
2012: $1,104,000 - millionaire - built dream home.
2013: $1,361,000
2014: $1,565,000
2015: $1,714,000
2016: $1,910,000 estimated
2017: $2,150,000 assumes the President-elect's pro-growth initiatives kick in.

davidsorensen32
Posts: 217
Joined: Wed Jul 24, 2013 9:57 am

Re: Share your net worth progression

Postby davidsorensen32 » Tue Nov 22, 2016 10:11 am

Very interesting ! Since 2010, our portfolio growth are almost identical - about $200,000 per year each year. I haven't looked closer but I roughly attribute half to savings and half to investment return. Would you mind sharing your AA ?

Flashes1 wrote:Year Net Worth
2004: $215,000 - got married, I'd been working for 13 yrs., wife just got out of medical training.
2005: $312,000
2006: $450,000 - Baby 1 born
2007: $522,000 - Baby 2 born.
2008: $441,000 - one of the toughest Christmas's thinking of the beautiful Ferrari I could have bought with my losses.
2009: $617,000 - one of the best Christmas's.
2010: $793,000 - now I'm starting to feel a little rich.
2011: $938,000
2012: $1,104,000 - millionaire - built dream home.
2013: $1,361,000
2014: $1,565,000
2015: $1,714,000
2016: $1,910,000 estimated
2017: $2,150,000 assumes the President-elect's pro-growth initiatives kick in.

Flashes1
Posts: 788
Joined: Wed May 07, 2008 7:43 am

Re: Share your net worth progression

Postby Flashes1 » Tue Nov 22, 2016 10:42 am

Equity in Primary Residence: 24% of NW, been aggressively paying down mortgage last 3 yrs...hindsight says I should have put this $ in equities, but what can you do? I have to say, I enjoy the peace of mind of having little mortgage debt.
Stocks: approx. 60% of NW.
Bonds: approx. 16% of NW

One of the best financial moves I've made is 3 years ago I began to make automatic purchases into the TSM Index fund with my after-tax money.....previously, I waited for "opportunistic" times to make purchases......however, I literally never made any purchases because I was always thinking I can buy it a little cheaper if I waited a few more days. Went 3 years without buying anything! Hilarious thinking back on it (but very costly). :D

My biggest "splurges" are: I) spend a fair amount on kids' activities (equestrian for my 11 year old daughter, and private trainer for my 9 year old son), ii) $13k/year in property taxes which I can't write-off due to income restrictions, and iii) bought a used S550 last year which I will pay off in Feb. 2017. But I have the fancy car itch taken care of----in 4 years (when the extended warranty expires) I will buy a used Lexus for cash and hold for 8 years until I retire.

techcrium
Posts: 130
Joined: Sun Mar 24, 2013 12:09 am

Re: Share your networth progression

Postby techcrium » Tue Nov 22, 2016 10:50 am

chuckb84 wrote:The primary account, which is with TSP, went as shown below. I knew nothing at age 29, but could clearly see that it was (1) tax-free going in, (2) DOUBLED my money due to .gov matching 5% of my salary. I was way too conservative, spent a stupid couple of years in 100% G fund, then switched to nearly all stocks for most of the rest of the time. The other issue was that my prolonged time in graduate school delayed the start of investing.

Two major non-Boglehead market timing moves: In 2000 I saw the .com bust coming and moved into 100% G, same again, nearly, in 2008, when the portfolio took only a 5% hit. In hindsight, these "smart" moves were smart, but less smart than I thought at the time, because---typically for market timers---I missed some of the rebound because I didn't get back in at the exactly right time.

On top of the .gov pension, SS, wife's small 401K, we're quite comfortable, and that's how a civil servant got here at age 61. Now sitting at a comfortable 40% G Fund, 60% split across the stock funds, watching the markets, but ignoring the noise.

1990 1000
1993 15260
1996 32270
1997 41225
1998 49145
1999 60015
2000 134228
2001 174236
2002 181378
2003 179797
2004 203941
2005 260205
2006 354000
2007 387000
2008 367600
2009 401000
2010 422000
2011 461000
2012 503000
2013 670000
2014 700000
2015 703875
2016 707929


You've been investing for 26 years and managed to avoid 2 major market crashes to accumulate the $700,000? Pretty decent

techcrium
Posts: 130
Joined: Sun Mar 24, 2013 12:09 am

Re: Share your networth progression

Postby techcrium » Tue Nov 22, 2016 11:02 am

WildBill wrote:I had a good job and a good income, and my wife and I lived well below our means. I saved a lot and invested aggressively for growth. My allocation was usually around 70/30, sometimes higher in equities.

I was lucky and have had strong markets most of the time, and never did anything stupid in a major way. Lots of minor stupid stuff, but avoided serious errors.

My hobby is financial and economic history, and that gave me the confidence to invest aggressively in 2001 and 2009. That made a big difference.


1977 - $-5000 Graduated
1978- $2000
1980 -$5000 -Started Grad School
1984 -$50000 3rd year of pretty good job, saving and investing
1990 -$500000 - Good job, saving and investing, strong markets
1996- $1000000 -Good job and strong markets, saving and investing
1998 - $1500000 -Ditto
2000 - $3000000- Ditto
2001 - $2200000 Oops dot com crunch
2005 - $3500000 -Bought some good crunched up stocks in 2001, 2002 saving and investing
2007 -$4500000 Good job, saving and investing
2009 - $3000000- Oops
2012 - $6000000 Went 95% equities in 2009
2016 -$8000000 - Retired, 60/40 allocation

LBYM, save and invest, don't do anything stupid. High income and a good career are worthwhile and rewarding.

Good luck to all

W B


That is very impressive that I did a table of amounts then and today. I hope you don't mind.

Also, would you mind sharing your salary that allowed this impressive gain?

Est Age Then amt Today
1977 22
1978 23 $2,000.00 $7,600.00
1980 25 $5,000.00 $15,000.00
1984 29 $50,000.00 $116,500.00
1990 35 $500,000.00 $935,000.00
1996 41 $1,000,000.00 $1,540,000.00
1998 43 $1,500,000.00 $2,190,000.00
2000 45 $3,000,000.00 $4,200,000.00
2001 46 $2,200,000.00 $2,970,000.00
2005 50 $3,500,000.00 $4,340,000.00
2007 52 $4,500,000.00 $5,265,000.00
2009 54 $3,000,000.00 $3,360,000.00
2012 57 $6,000,000.00 $6,240,000.00
2016 61 $8,000,000.00 $8,000,000.00

cusetownusa
Posts: 207
Joined: Thu Mar 27, 2014 9:54 am

Re: Share your net worth progression

Postby cusetownusa » Tue Nov 22, 2016 11:36 am

Flashes1 wrote:Year Net Worth
2004: $215,000 - got married, I'd been working for 13 yrs., wife just got out of medical training.
2005: $312,000
2006: $450,000 - Baby 1 born
2007: $522,000 - Baby 2 born.
2008: $441,000 - one of the toughest Christmas's thinking of the beautiful Ferrari I could have bought with my losses.
2009: $617,000 - one of the best Christmas's.
2010: $793,000 - now I'm starting to feel a little rich.
2011: $938,000
2012: $1,104,000 - millionaire - built dream home.
2013: $1,361,000
2014: $1,565,000
2015: $1,714,000
2016: $1,910,000 estimated
2017: $2,150,000 assumes the President-elect's pro-growth initiatives kick in.


If you don't mind me asking...roughly how much have you been saving per year for the last 7 to 10 years? I am right around your 2010 number now and I am hoping to be at your 2017 number in about 7 years.

IMD801
Posts: 130
Joined: Sat Dec 21, 2013 9:26 pm

Re: Share your net worth progression

Postby IMD801 » Tue Nov 22, 2016 1:24 pm

2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: +160k
2015: 340k
2016: 620k

WildBill
Posts: 230
Joined: Wed Jun 29, 2016 10:47 pm
Location: San Antonio, Texas

Re: Share your networth progression

Postby WildBill » Wed Nov 23, 2016 12:10 pm

techcrium wrote:
WildBill wrote:I had a good job and a good income, and my wife and I lived well below our means. I saved a lot and invested aggressively for growth. My allocation was usually around 70/30, sometimes higher in equities.

I was lucky and have had strong markets most of the time, and never did anything stupid in a major way. Lots of minor stupid stuff, but avoided serious errors.

My hobby is financial and economic history, and that gave me the confidence to invest aggressively in 2001 and 2009. That made a big difference.


1977 - $-5000 Graduated
1978- $2000
1980 -$5000 -Started Grad School
1984 -$50000 3rd year of pretty good job, saving and investing
1990 -$500000 - Good job, saving and investing, strong markets
1996- $1000000 -Good job and strong markets, saving and investing
1998 - $1500000 -Ditto
2000 - $3000000- Ditto
2001 - $2200000 Oops dot com crunch
2005 - $3500000 -Bought some good crunched up stocks in 2001, 2002 saving and investing
2007 -$4500000 Good job, saving and investing
2009 - $3000000- Oops
2012 - $6000000 Went 95% equities in 2009
2016 -$8000000 - Retired, 60/40 allocation

LBYM, save and invest, don't do anything stupid. High income and a good career are worthwhile and rewarding.

Good luck to all

W B


That is very impressive that I did a table of amounts then and today. I hope you don't mind.

Also, would you mind sharing your salary that allowed this impressive gain?

Est Age Then amt Today
1977 22
1978 23 $2,000.00 $7,600.00
1980 25 $5,000.00 $15,000.00
1984 29 $50,000.00 $116,500.00
1990 35 $500,000.00 $935,000.00
1996 41 $1,000,000.00 $1,540,000.00
1998 43 $1,500,000.00 $2,190,000.00
2000 45 $3,000,000.00 $4,200,000.00
2001 46 $2,200,000.00 $2,970,000.00
2005 50 $3,500,000.00 $4,340,000.00
2007 52 $4,500,000.00 $5,265,000.00
2009 54 $3,000,000.00 $3,360,000.00
2012 57 $6,000,000.00 $6,240,000.00
2016 61 $8,000,000.00 $8,000,000.00



The salary was about $75 k a year starting out (in 1977 dollars, which I guess is about double or more that in 2016 dollars) and around $200 k when I retired.

What made a difference was that for many years I worked as an expatriate geologist usually in some very sketchy places (think Congo, Sudan, Angola, Indonsia etc.). That meant I had low expenses, as employer paid housing and other living expenses and there were some tax advantages to being an expatriate. Also, being in sketchy places you are usually paid a hardship stipend. I was able to save and invest a lot. I invested aggressively for growth. Seems to have worked so far, but I am definitely dialing it down innretirement.

W B
"Through chances various, through all vicissitudes, we make our way." Virgil, The Aeneid

2Birds1Stone
Posts: 317
Joined: Wed Nov 19, 2014 10:33 pm
Location: New York

Re: Share your net worth progression

Postby 2Birds1Stone » Wed Nov 23, 2016 2:47 pm

Jan1 -Portfolio-Income -Comment
2010 $10,000 $26k 23 years old, first full time job
2011 $20,000 $39k
2012 $30,000 $53k 1st promotion into management
2013 $40,000 $52k
2014 $60,000 $53k
2015 $80,000 $49k
2016 $140,000 $109k Career change
2017 $250,000 $170k

travellight
Posts: 2605
Joined: Tue Aug 12, 2008 5:52 pm
Location: San Diego

Re: Share your net worth progression

Postby travellight » Wed Nov 23, 2016 3:49 pm

Congrats Wildbill! Your performance/recovery since 2009 is especially impressive. I decided to go all equities only 2 years ago on all new investments in my retirement accounts; a little late to that game. You have outperformed me with a similar time frame and I have a much higher final salary which makes your outcome even more impressive. I hope you are able to spend some of that and indulge in some luxuries!

BW1985
Posts: 1581
Joined: Tue Mar 23, 2010 6:12 pm

Re: Share your net worth progression

Postby BW1985 » Wed Nov 23, 2016 7:12 pm

2Birds1Stone wrote:Jan1 -Portfolio-Income -Comment
2010 $10,000 $26k 23 years old, first full time job
2011 $20,000 $39k
2012 $30,000 $53k 1st promotion into management
2013 $40,000 $52k
2014 $60,000 $53k
2015 $80,000 $49k
2016 $140,000 $109k Career change
2017 $250,000 $170k


Curious about your career change. That's impressive!
"Squirrels figured out how to save eons ago. They buried acorns. Some, they dug up, for food. Others, they let to sprout, in new oak trees. We could learn from squirrels." -john94549

staythecourse
Posts: 4596
Joined: Mon Jan 03, 2011 9:40 am

Re: Share your networth progression

Postby staythecourse » Wed Nov 23, 2016 7:57 pm

WildBill wrote:
techcrium wrote:
WildBill wrote:I had a good job and a good income, and my wife and I lived well below our means. I saved a lot and invested aggressively for growth. My allocation was usually around 70/30, sometimes higher in equities.

I was lucky and have had strong markets most of the time, and never did anything stupid in a major way. Lots of minor stupid stuff, but avoided serious errors.

My hobby is financial and economic history, and that gave me the confidence to invest aggressively in 2001 and 2009. That made a big difference.


1977 - $-5000 Graduated
1978- $2000
1980 -$5000 -Started Grad School
1984 -$50000 3rd year of pretty good job, saving and investing
1990 -$500000 - Good job, saving and investing, strong markets
1996- $1000000 -Good job and strong markets, saving and investing
1998 - $1500000 -Ditto
2000 - $3000000- Ditto
2001 - $2200000 Oops dot com crunch
2005 - $3500000 -Bought some good crunched up stocks in 2001, 2002 saving and investing
2007 -$4500000 Good job, saving and investing
2009 - $3000000- Oops
2012 - $6000000 Went 95% equities in 2009
2016 -$8000000 - Retired, 60/40 allocation

LBYM, save and invest, don't do anything stupid. High income and a good career are worthwhile and rewarding.

Good luck to all

W B


That is very impressive that I did a table of amounts then and today. I hope you don't mind.

Also, would you mind sharing your salary that allowed this impressive gain?

Est Age Then amt Today
1977 22
1978 23 $2,000.00 $7,600.00
1980 25 $5,000.00 $15,000.00
1984 29 $50,000.00 $116,500.00
1990 35 $500,000.00 $935,000.00
1996 41 $1,000,000.00 $1,540,000.00
1998 43 $1,500,000.00 $2,190,000.00
2000 45 $3,000,000.00 $4,200,000.00
2001 46 $2,200,000.00 $2,970,000.00
2005 50 $3,500,000.00 $4,340,000.00
2007 52 $4,500,000.00 $5,265,000.00
2009 54 $3,000,000.00 $3,360,000.00
2012 57 $6,000,000.00 $6,240,000.00
2016 61 $8,000,000.00 $8,000,000.00



The salary was about $75 k a year starting out (in 1977 dollars, which I guess is about double or more that in 2016 dollars) and around $200 k when I retired.

What made a difference was that for many years I worked as an expatriate geologist usually in some very sketchy places (think Congo, Sudan, Angola, Indonsia etc.). That meant I had low expenses, as employer paid housing and other living expenses and there were some tax advantages to being an expatriate. Also, being in sketchy places you are usually paid a hardship stipend. I was able to save and invest a lot. I invested aggressively for growth. Seems to have worked so far, but I am definitely dialing it down innretirement.

W B


For beginning investors this trajectory just shows the importance of the markets. From 2000- 2009 the actual dollar amount increase was a whopping ZERO. Then from 2012-2016 the portfolio value went up 33%. Great example of the impact of the markets.

Just curious... If you regret not retiring early. Even in 2000's you had 3million. Based on your income history you must have known you already had MORE then enough going forward.

Persnally, my biggest worry is not about if I will have enough, but will I wish I retired earlier then I end up doing and "wasting" some good years working instead of enjoying family, friends, travel, etc...

Good luck.
"The stock market [fluctuation], therefore, is noise. A giant distraction from the business of investing.” | -Jack Bogle

WildBill
Posts: 230
Joined: Wed Jun 29, 2016 10:47 pm
Location: San Antonio, Texas

Re: Share your networth progression

Postby WildBill » Wed Nov 23, 2016 8:34 pm

staythecourse wrote:
WildBill wrote:
techcrium wrote:
WildBill wrote:I had a good job and a good income, and my wife and I lived well below our means. I saved a lot and invested aggressively for growth. My allocation was usually around 70/30, sometimes higher in equities.

I was lucky and have had strong markets most of the time, and never did anything stupid in a major way. Lots of minor stupid stuff, but avoided serious errors.

My hobby is financial and economic history, and that gave me the confidence to invest aggressively in 2001 and 2009. That made a big difference.


1977 - $-5000 Graduated
1978- $2000
1980 -$5000 -Started Grad School
1984 -$50000 3rd year of pretty good job, saving and investing
1990 -$500000 - Good job, saving and investing, strong markets
1996- $1000000 -Good job and strong markets, saving and investing
1998 - $1500000 -Ditto
2000 - $3000000- Ditto
2001 - $2200000 Oops dot com crunch
2005 - $3500000 -Bought some good crunched up stocks in 2001, 2002 saving and investing
2007 -$4500000 Good job, saving and investing
2009 - $3000000- Oops
2012 - $6000000 Went 95% equities in 2009
2016 -$8000000 - Retired, 60/40 allocation

LBYM, save and invest, don't do anything stupid. High income and a good career are worthwhile and rewarding.

Good luck to all

W B


That is very impressive that I did a table of amounts then and today. I hope you don't mind.

Also, would you mind sharing your salary that allowed this impressive gain?

Est Age Then amt Today
1977 22
1978 23 $2,000.00 $7,600.00
1980 25 $5,000.00 $15,000.00
1984 29 $50,000.00 $116,500.00
1990 35 $500,000.00 $935,000.00
1996 41 $1,000,000.00 $1,540,000.00
1998 43 $1,500,000.00 $2,190,000.00
2000 45 $3,000,000.00 $4,200,000.00
2001 46 $2,200,000.00 $2,970,000.00
2005 50 $3,500,000.00 $4,340,000.00
2007 52 $4,500,000.00 $5,265,000.00
2009 54 $3,000,000.00 $3,360,000.00
2012 57 $6,000,000.00 $6,240,000.00
2016 61 $8,000,000.00 $8,000,000.00



The salary was about $75 k a year starting out (in 1977 dollars, which I guess is about double or more that in 2016 dollars) and around $200 k when I retired.

What made a difference was that for many years I worked as an expatriate geologist usually in some very sketchy places (think Congo, Sudan, Angola, Indonsia etc.). That meant I had low expenses, as employer paid housing and other living expenses and there were some tax advantages to being an expatriate. Also, being in sketchy places you are usually paid a hardship stipend. I was able to save and invest a lot. I invested aggressively for growth. Seems to have worked so far, but I am definitely dialing it down innretirement.

W B


For beginning investors this trajectory just shows the importance of the markets. From 2000- 2009 the actual dollar amount increase was a whopping ZERO. Then from 2012-2016 the portfolio value went up 33%. Great example of the impact of the markets.

Just curious... If you regret not retiring early. Even in 2000's you had 3million. Based on your income history you must have known you already had MORE then enough going forward.

Persnally, my biggest worry is not about if I will have enough, but will I wish I retired earlier then I end up doing and "wasting" some good years working instead of enjoying family, friends, travel, etc...

Good luck.


No regrets about not retiring early whatsoever. I thoroughly enjoyed my work and it's many challenging problems. It took me around the world and I got to work and live in places that were like feature stories in National Geographic, with plot lines like Terry and the Pirates. I also had the pleasure of working with and for and people whom I liked and respected ; with a few jerks who were the exceptions, but let's forget about them.

In the last several years of my career I worked on very challenging research problems and also was a mentor to a number of younger colleagues. Great fun!

The money just sort of happened. It's nice, but it wasn't why I did what I did.

Good luck to all

W B
"Through chances various, through all vicissitudes, we make our way." Virgil, The Aeneid

staythecourse
Posts: 4596
Joined: Mon Jan 03, 2011 9:40 am

Re: Share your networth progression

Postby staythecourse » Wed Nov 23, 2016 10:01 pm

WildBill wrote:
No regrets about not retiring early whatsoever. I thoroughly enjoyed my work and it's many challenging problems. It took me around the world and I got to work and live in places that were like feature stories in National Geographic, with plot lines like Terry and the Pirates. I also had the pleasure of working with and for and people whom I liked and respected ; with a few jerks who were the exceptions, but let's forget about them.

In the last several years of my career I worked on very challenging research problems and also was a mentor to a number of younger colleagues. Great fun!

The money just sort of happened. It's nice, but it wasn't why I did what I did.

Good luck to all

W B


Great response. We can all be fortunate if we can look back at our working life with such memories.

Good luck.
"The stock market [fluctuation], therefore, is noise. A giant distraction from the business of investing.” | -Jack Bogle

topofthebellcurve
Posts: 69
Joined: Thu Jun 30, 2016 12:11 am

Re: Share your net worth progression

Postby topofthebellcurve » Thu Nov 24, 2016 3:13 am

2008: $50K @ graduation from undergrad
2014: $430K @ start of NW tracking
2015: $600K
2016: $800K
Now: $1,070K

Very fortunate to have graduated without debt and with a little saved on the side from a photography business. Have had a very low cost lifestyle these past four years in Shanghai, which has definitely helped.

2Birds1Stone
Posts: 317
Joined: Wed Nov 19, 2014 10:33 pm
Location: New York

Re: Share your net worth progression

Postby 2Birds1Stone » Fri Nov 25, 2016 1:16 pm

BW1985 wrote:
Curious about your career change. That's impressive!


First career was in retail management.

I switched to B2B software sales at the very end of 2014. So far I have no regrets.

uwbadgers
Posts: 40
Joined: Mon Aug 25, 2014 3:36 pm

Re: Share your net worth progression

Postby uwbadgers » Sat Nov 26, 2016 8:47 am

***Updating original post***

Age 32/33
2 kids age 2.75 and 1

2/1/13---150k---began tracking finances

11/1/13---219k---Income 110k, spending 55k
11/1/14---298k---Income 110k, spending 74k (landscaping, finished basement)
11/1/15---407k---Income 165k, spending 64k (House value increased 309 to 340k)
11/26/16---583k---Income 165k, spending 74k (House value increased 340k to 411k)

Current NW = ~57% Home Equity (home + rental prop) and ~43% Retirement accounts

gips
Posts: 251
Joined: Mon May 13, 2013 5:42 pm

Re: Share your net worth progression

Postby gips » Sat Nov 26, 2016 12:32 pm

a friend's sister is a prof at stanford, she convinced me that index funds were the way to go long before they were in vogue (I want to say over 30 years ago). The same friend suggested the millionaire next door and a random walk down wall st. The two of us followed different career paths and not surprisingly, we've both done very well. I've not been able to convince one person about the correctness of the approach.

After a lifetime of slow and steady growth, I decided to co-found a business right after the financial crisis. We were profitable day 1 and with the help of an investment banker, sold the business after five years. After selling the business, my net worth increased 5x.

Looking back on my career as a whole, there was really no reason I had to wait until my 50s to start a business. If I had to do it all over, I'd have started the company in my early 40s, ran it for 10 years and if successful, retired in my early 50s.

My suggestion is to take an intelligent risk at your first opportunity.

SVT
Posts: 181
Joined: Mon Oct 13, 2008 8:56 am

Re: Share your net worth progression

Postby SVT » Sat Nov 26, 2016 3:58 pm

Age 25, Feb 2011: -20k
Age 26, Dec 2011: +19k, Salary - 60k
Age 27, Dec 2012: 93k, Salary - 100k
Age 28, Dec 2013: 188k, Salary - 145k
Age 29, Dec 2014: 268k, Salary - 132k
Age 30, Dec 2015: 327k, Salary - 150k
Age 31, Dec 2016: ~420k, Salary - 150k

PhillyPhan
Posts: 23
Joined: Wed Nov 28, 2012 9:35 am

Re: Share your net worth progression

Postby PhillyPhan » Sat Nov 26, 2016 5:39 pm

Graduated College in 2003 earning 23,500 a year, doubled income in 2005 to 47K and remained somewhat flat until 2014 where I jumped to ~80K. Now at around 100K give or take.

2004 1,000.00 -
2005 9,500.00
2006 18,299.00
2007 38,000.00
2008 49,000.00
2009 59,000.00
2010 62,500.00
2011 71,100.00
2012 103,100.00 (Discovered Bogleheads, MMM, started to fund Roth, and opened a taxable account)
2013 150,900.00 ( a banner year returns wise, might not ever see returns in this neighborhood again?)
2014 199,500.00
2015 234,500
2016 299K - close to 300K milestone. 3rd 100k took just about as long as second while earning less than half the income thanks to market boom.

Important themes, lived below means, took advantage of matching in 401k, jumped a few times and received 20% uptick in salary.

hoops777
Posts: 1608
Joined: Sun Apr 10, 2011 12:23 pm

Re: Share your net worth progression

Postby hoops777 » Sat Nov 26, 2016 7:10 pm

Age 42 net worth 5000
Age 64 enough to retire financially worry free.
Started a very small business.
Made very little in the stock market.
Almost entire net worth based on the old fashioned way...earning your money working :happy
I lost about 300K in 2008 pre boglehead with panic selling.Even though I realize it is irrational and stupid I am unique in that I have pretty much stayed out of stocks since with a few exceptions.My picture is on top of the boglehead wall of shame :D
K.I.S.S........so easy to say so difficult to do.

NeilusPullo
Posts: 3
Joined: Sat Nov 26, 2016 11:19 pm

Re: Share your net worth progression

Postby NeilusPullo » Sun Nov 27, 2016 12:48 am

Wow!! Wish I had found this site earlier-it could have saved me a lot of heartache. Anyway, I digress, here's my story and net worth progression.

Story: Graduated college at 21 in 2007 and starting working right away. I was lucky enough to get a full ride to college so I had no debts. After landing my dream job, I decided hoard cash and wait(hope) for a large market crash. Unfortunately, when it happened, I wasn't prepared and ended up making all the WRONG decisions.

Age - Yr - Sal - Net Worth
21 2007 - 55k - 10k
22 2008 - 65k - 40k
23 2009 - 77k - 65k Lost 25k in markets
24 2010 - 87k - 115k
25 2011 - 92k - 145k
26 2012 - 95k - 175k
27 2013 - 113k - 215k
28 2014 - 126k - 250k
29 2015 - 144k - 275k First Kid, bought 400k House, bought 40k car
30 2016 - 155k - 440k 50k home appreciation(according to zillow), nice gains on investments
31 2017 - 170k* - ??? Kid 2

So long story short, I put 25k in the market in 2008/2009 and got lucky by doubling the value to 50k+. This was probably the worst thing that could have happened to me at the time as I got greedy, over-confident, starting messing with penny stocks and lost it all. I had many chances to quit ahead but kept throwing at bad investments "trying to hit a home run". I lost 20k on a single stock. This was a very hard lesson for me to learn and made me gun shy for a while. Hope this serves as a cautionary tale to others.

This year was my best performance to date with a bit of luck. I kept it simple focusing on blue chip stocks and trading oil swings. Have too much money in cash/fixed income assets that I'm afraid to invest for fear of another crash, hence the reason I'm here. :happy

Erwin007
Posts: 149
Joined: Tue Aug 19, 2008 8:29 am
Location: Intermountain West

Re: Share your networth progression

Postby Erwin007 » Mon Nov 28, 2016 12:20 am

LadyGeek wrote:
market timer wrote:1/1/09: -$210K (started working this year)
1/1/10: -$120K
1/1/11: -$35K
1/1/12: $150K
1/1/13: $300K
1/1/14: $510K
1/1/15: $670K
1/1/16: $740K
11/19/16: $1.1mn

Does not include wife's assets.

Currently have a good work/life balance, raising a young family, and feel little need to add another digit to my net worth. Another 10-15 years of this and I'll be potentially looking at real retirement.

For our newer readers, I'd like to point out market timer's drop in net worth from 1/1/09 to 1/1/11. The chronology of his portfolio management is documented in this 29 page thread: A different approach to asset allocation (Sep 16, 2007)

The recovery starts at this post: market timer (Page 27)


I actually think, if I'm reading this correctly, that his net worth substantially increased between 2009 and 2011, to the tune of $175,000 (from negative $210,000 to negative $35,000).

Mav
Posts: 42
Joined: Tue Jan 05, 2016 10:55 pm

Re: Share your net worth progression

Postby Mav » Mon Nov 28, 2016 1:36 am

Pretty interesting thread. Would anyone mind what do you do for a living? I could understand that some reach such net worth is by working in a high key level position.

User avatar
Hawaiishrimp
Posts: 301
Joined: Tue Apr 14, 2015 4:13 am

Re: Share your net worth progression

Postby Hawaiishrimp » Mon Nov 28, 2016 2:02 am

Age | Year | NW
40 | 2015 | $1.30M
41 | 2016 | $1.57M

I have not been tracking Net Worth until beginning of 2015. Hope the market continue to do well during my retirement accumulation period.

Good luck to you all.
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

drmoneytails
Posts: 33
Joined: Fri Nov 25, 2016 1:43 pm

Re: Share your net worth progression

Postby drmoneytails » Mon Nov 28, 2016 3:59 am

Just recently started tracking my net worth and reeaaallyy tracking my expenses. Im a physician, still in training, with around 50K in debt (student loan and a car loan). My wife and I got married in April 2016, and so far our DrMoneyTails Family consists of the both of us, the Dog and the Cat.

Networth April 2016: 17K
Networth October 2016: 40K

Tracking my expenses, learning from my fellow bogleheads and personal finance bloggers helped me put my financial life in order and have a goal. Hopefully I will keep on track!

User avatar
oldzey
Posts: 656
Joined: Sun Apr 13, 2014 8:38 pm
Location: Land of Lincoln

Re: Share your net worth progression

Postby oldzey » Fri Dec 02, 2016 11:06 pm

12/31/2014: $70,639
12/31/2015: $104,133
12/31/2016: $152,362

No debt, staying the course, 403b & Roth catchup contributions start in 2017.
Last edited by oldzey on Sun Jan 01, 2017 1:28 pm, edited 1 time in total.
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

Sandtrap
Posts: 1191
Joined: Sat Nov 26, 2016 6:32 pm

Re: Share your net worth progression

Postby Sandtrap » Sat Dec 03, 2016 9:41 am

1970's - degree finance/economics (Net Worth Zero)
2017 - north of 7 figures.
Last edited by Sandtrap on Sat Jan 21, 2017 11:01 pm, edited 2 times in total.

Germack
Posts: 2
Joined: Sun Mar 20, 2016 10:04 am

Re: Share your net worth progression

Postby Germack » Sat Dec 03, 2016 1:17 pm

Graduated university (chemistry) 11 years ago. Saved half my salary and invested it in a low cost diversified portfolio.

Image

aj76er
Posts: 259
Joined: Tue Dec 01, 2015 11:34 pm
Location: Portland, OR

Re: Share your net worth progression

Postby aj76er » Mon Dec 05, 2016 2:58 am

I didn't really start tracking NW until a few years ago, but this is to the best of my memory:
2001, $0
2005, $200k
2010, $450k
2015, $750k
2016, $950k
"Buy-and-hold, long-term, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth" - John C. Bogle

guitarguy
Posts: 1573
Joined: Mon Dec 20, 2010 4:10 pm

Re: Share your net worth progression

Postby guitarguy » Tue Dec 06, 2016 10:05 am

I started tracking in 2011:

Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k)
Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700)
Dec 2013, Age 28, Salary $66.5k, Net Worth $39k
Dec 2014, Age 39, Salary $78k, Net Worth $105k
Dec 2015, Age 30, Salary $80k, Net Worth $172k
Dec 2016, Age 31, Salary $83k, Net Worth $251k

mirinjobra
Posts: 2
Joined: Tue Dec 06, 2016 12:27 pm

Re: Share your net worth progression

Postby mirinjobra » Tue Dec 06, 2016 12:29 pm

guitarguy wrote:I started tracking in 2011:

Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k)
Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700)
Dec 2013, Age 28, Salary $66.5k, Net Worth $39k
Dec 2014, Age 39, Salary $78k, Net Worth $105k
Dec 2015, Age 30, Salary $80k, Net Worth $172k
Dec 2016, Age 31, Salary $83k, Net Worth $251k


May I ask how, in 2015, you increased your net worth by 67k, which is greater than your post tax income? Side business/investments?

Also to all guys in this thread, does net worth include your 401k?

B0bL0blawsLawBl0g
Posts: 96
Joined: Thu Dec 17, 2015 12:36 pm

Re: Share your net worth progression

Postby B0bL0blawsLawBl0g » Tue Dec 06, 2016 2:43 pm

mirinjobra wrote:
guitarguy wrote:I started tracking in 2011:

Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k)
Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700)
Dec 2013, Age 28, Salary $66.5k, Net Worth $39k
Dec 2014, Age 39, Salary $78k, Net Worth $105k
Dec 2015, Age 30, Salary $80k, Net Worth $172k
Dec 2016, Age 31, Salary $83k, Net Worth $251k


May I ask how, in 2015, you increased your net worth by 67k, which is greater than your post tax income? Side business/investments?

Also to all guys in this thread, does net worth include your 401k?


Why would net worth possibly exclude a 401k?

BW1985
Posts: 1581
Joined: Tue Mar 23, 2010 6:12 pm

Re: Share your net worth progression

Postby BW1985 » Tue Dec 06, 2016 4:31 pm

mirinjobra wrote:
guitarguy wrote:I started tracking in 2011:

Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k)
Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700)
Dec 2013, Age 28, Salary $66.5k, Net Worth $39k
Dec 2014, Age 39, Salary $78k, Net Worth $105k
Dec 2015, Age 30, Salary $80k, Net Worth $172k
Dec 2016, Age 31, Salary $83k, Net Worth $251k


May I ask how, in 2015, you increased your net worth by 67k, which is greater than your post tax income? Side business/investments?

Also to all guys in this thread, does net worth include your 401k?


Yes, networth = assets - liabilities. 401k is an asset.
"Squirrels figured out how to save eons ago. They buried acorns. Some, they dug up, for food. Others, they let to sprout, in new oak trees. We could learn from squirrels." -john94549

thefireguy
Posts: 27
Joined: Tue Jul 29, 2014 12:34 am
Contact:

Re: Share your net worth progression

Postby thefireguy » Wed Dec 07, 2016 12:37 am

Mid 20's - Household income ~ $145K

2011: ~ $10K
2012: ~ $55K (550% growth)
2013: ~ $110K (200% growth)
2014: ~ $145K (32% growth)
2015: ~ $190K (31% growth)
2016: ~ $260K (37% growth)

I'd be really happy if we can keep it growing at a clip @ or above 25%. Going to be tough as our assets continue to grow, but just gotta keep thinkin' up and to the right baby! :arrow:

guitarguy
Posts: 1573
Joined: Mon Dec 20, 2010 4:10 pm

Re: Share your net worth progression

Postby guitarguy » Wed Dec 07, 2016 8:12 am

mirinjobra wrote:
guitarguy wrote:I started tracking in 2011:

Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k)
Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700)
Dec 2013, Age 28, Salary $66.5k, Net Worth $39k
Dec 2014, Age 39, Salary $78k, Net Worth $105k
Dec 2015, Age 30, Salary $80k, Net Worth $172k
Dec 2016, Age 31, Salary $83k, Net Worth $251k


May I ask how, in 2015, you increased your net worth by 67k, which is greater than your post tax income? Side business/investments?


These net worth values are actually my wife's and my combined data, whereas for whatever reason I only posted my personal salary. Her salary from a crummy low paying job that she hated (and has since quit) in 2015 was around $25-30k. I also earn about $10-15k on the side annually as a musician, basically all of which goes towards net worth building in some form. We also had a nice bump in home value around that time, whacked out our last car loan we'll ever have, and started and maxed a new Roth IRA for my wife. Here is our data:

Dec 2014
+ Retirement: $86k
+ HSA: $2,370
+ Cash: $15k
+ Home Value: $125k (just an estimate, might a little off)
- Mortgage: $88k
- Student Loans: $29.5k
- Car Loan: $6,383
TOT: + $104,487

Dec 2015
+ Retirement: $111,450
+ HSA: $3,292
+ Cash: $25k
+ Home Value: $145k (appraised value, refi into 15 yr fixed @ 2.875% in mid-2015)
- Mortgage: $86,329
- Student Loans: $26,726
TOT: + $171,686

I'm actually even more happy about the progress we've made this year. Although my wife quit her job and is making only half of what she was before, and we're paying tuition bills on top of that, I've had a great year with music income (over $20k) so that has helped to offset.

Dec 2016
+ Retirement: $144,637
+ HSA: $7,511
+ Cash: $36,200
+ Home Value: $150k (conservative estimate based on local market)
- Mortgage: $81,963
- Student Loans: $5,750
TOT: + $250,635

eldinerocheapo
Posts: 31
Joined: Thu Sep 29, 2016 1:36 pm

Re: Share your net worth progression

Postby eldinerocheapo » Wed Dec 07, 2016 11:17 am

age 22. 1980 minus $5k (car & sailboat purchased @ 16% interest!)
22-26. 1984 $0 net worth......spent every dime on good times and wild women......Ole'!
26-31. 1993 $150k married, 1 child, purchased a tri plex and lived in it free for five years
31-35- 1997 $250k 2nd child, purchased a home , rolled income property proceeds into house, virtually no mortgage
35-53- 2008 $435k market crash & capitulation. We never budged and kept investing 10% into 401k & roth ira
59- $1.95 million (2016) watched the market take off, rolled 401k into VG wellington admiral along with pension buyout from prior employer. Currently investing @20% of $140k of income.

Long term investment strategies.......
Invest early & often
Do not touch the principal as it takes on a life of it's own
Involve your SO in the process and listen to their concerns
Trust your instincts
Do not deprive yourself of the here and now. Enjoy the little victories along the way, and especially enjoy your kids. They are only little for a short while.
Accept the downturns as an opportunity to invest. If you love the Dow @19k, you'll be GAGA for it if it heads back down to 8k someday.
Remember that true affluence is not needing anything more than what you already have.

2tall4economy
Posts: 354
Joined: Thu Jan 08, 2015 7:55 am
Location: Global

Re: Share your net worth progression

Postby 2tall4economy » Sat Jan 21, 2017 9:39 pm

Was interesting to go through this and tie the numbers to the events...

Yr End Age NW (excl car/house equity)
Dec-00 24 0 Graduated college with Masters, got job at small company
Dec-01 25 0
Dec-02 26 (62) Back to school for MBA. Bought a Dodge Viper and Cadillac Escalade. Worst financial decisions in my life but lots of smiles.
Dec-03 27 (54) Bought first investment property and house hacked my first residence
Dec-04 28 (96)
Dec-05 29 (140) Finished MBA, starting working at Fortune 500
Dec-06 30 (30)
Dec-07 31 (12)
Dec-08 32 (8) Moved to Manhattan, sold house at $120k loss but was reimbursed by company (huzah!)
Dec-09 33 94
Dec-10 34 342 Moved back home, bought a house. Then got moved overseas and rented it out
Dec-11 35 396 Market downturn + decent assets in market = flat year
Dec-12 36 571 Moved to another country overseas
Dec-13 37 888
Dec-14 38 1,285 Moved to another country overseas. Paid off rental. Bought another
Dec-15 39 1,465 Bought another 2 rentals.
Dec-16 40 1,764 Moved back to USA. Touched $2M mid-year but ended lower because I had to buy a house and car for self and wife
Dec-17 41 2,100
You can do anything you want in life. The rub is that there are consequences.

theplayer11
Posts: 109
Joined: Tue Jul 22, 2014 8:55 pm

Re: Share your net worth progression

Postby theplayer11 » Sun Jan 22, 2017 12:16 pm

wife and I owned small business since 1990. Net profit around $150k. 50 years old. We put away about $20k/yr in SEPs, Roths. Also saved and put 2 kids through college(#2 still in)
Was up over $400k during tech boom and foolishly lost most(huge lesson learned). Was in Janus funds for many years, in Vanguard index funds now. This is what I have on record for retirement accounts.
year end:
2006-130k
2007 -179k
2008-114k
2009 -191k
2010 -237k
2011 - 223k
2012 - 264k
2013 - 356
2014 - 420k
2015 - 489k
2016 - 527k

stereotaxis
Posts: 2
Joined: Sun Jan 22, 2017 1:04 pm

Re: Share your net worth progression

Postby stereotaxis » Sun Jan 22, 2017 1:56 pm

Net worth in household investible assets (retirement and brokerage accounts) in $1000's.

11 1179 may
12 1367 may
13 1564 march
14 2025 june
15 2215 june
16 2425 june
17 2660 jan

This is excluding primary home and vacation home (which are nearly paid off) and vehicles (including a few collectible cars) and $500K set aside in various 529 plans for children’s education.

I am a 50 yo W2 employee in a surgical subspecialty and so is my wife. Combined income just short of 7 figures but stuck in the 39.6% income tax bracket.

Hadn’t really thought strongly about retirement until about 10 years ago. Only started reading bogleheads consistently about 6 months ago. I like to be in at least the 95% percentile of whatever I do. Reading this post (shaking head) is embarrassing…but motivating.

boglechu
Posts: 66
Joined: Sat Jan 30, 2016 3:19 am

Re: Share your net worth progression

Postby boglechu » Sun Jan 22, 2017 3:08 pm

I'm a healthcare provider with a solo office. Started working in 2013 after training with starting salary of $250k/year. After 1 year, went solo in 2014. Put in 200k to start business in 2014 and borrowed 50k in small business loan as well as leased $60k medical equipment with 4 year lease an $1 buyout. 2014 was roughest year. Business picked up w/in 6 months and in 2015, I had a steady income, saved up $170k cash, and doing well. In 2016, got a house with 130k down and paid off $150k of student loans with 4.5% interest rate. Mortgage was 3.4%.

Looking at my numbers today and I have about $80k in cash, 46k in 401k, 140k in equity in house, and 90k in unpaid taxes from 2016. A little scary but I hope to get budget balanced by 2018.

12/2013: $57k cash, 27k IRA, (300k student loan debt) [income 250k]

12/2014: $28k cash, 27k IRA, (275k student loan debt); [income 250k, spent 200k personal savings to start up business and borrowed 50k business loan]

12/2015: $170k cash, 27k IRA, (250k student loan debt; 40k business loan remains); [income 300k+]

12/2016: $126k cash, 27K IRA, 19k 401k, (Paid off 150k of student loan debt and 100k student loans remains, 1M house mortgage, 20k business loan; [income 400k+]

1/2017: 80k cash, 27k IRA, 19k 401k, (100k student loan debt, 1M mortgage with $130k equity, ~ 90k in estimated taxes need to be paid for 2016, 20 in business loan remaining to be fully paid off 12/2017) [income 400k+]

chenzi
Posts: 23
Joined: Thu Aug 06, 2015 3:07 pm

Re: Share your net worth progression

Postby chenzi » Sun Jan 22, 2017 4:34 pm

2003- Graduated and started working in an emerging market country. Annual pay of $2500 in a Technology company (yes! in my local currency)
.
2005 - Net worth of around $2000,
2006 - Relocated to New York to consult for Wall Street Banks, $12000 in total net worth, spent the rest in partying and having fun.
2007 - $40000
2008 - Financial crisis, moved back to my home country to work for an American company, invested all my dollar savings from US in my emerging market, crashes 50% and back to $20000
2009, 2010, 2011 - Saved aggressively and invested in direct equity and mutual funds in my emerging market, took up a job with another American company in 2011 where my spouse works. Got married in 2010.
2012 - $120000 equivalent in my local market
2013,2014 - Agressive investments in my emerging market, good run in our company stock - $400000 net worth. Did well professionally, our annual income jumped to $180K but in our local currency that gave us a pretty high purchase power parity in a low cost emerging market.
2015 - Relocated to US as a managerial executive, around $470K total income for family for that year. Bought and paid off cars ($70K). Saved the rest, missed maxing 401K and invested in direct equity - had a good run. Started reading Bogleheads, realized the importance of maxing 401K and diversifying investments. Created emergency fund - holding 100K cash.
2016 - $500K in my emerging market via direct equity and wealth management. [Cannot invest in Mutual funds, ETFs in my local markets due to FATCA]
$545K total savings in US (split across Loyal3,Robinhood, Computershare, Interactive Brokers and Vanguard in a messy portfolio that gave a return of 21% last year on the invested amount but it is highly volatile and I had taken many random bets). Had a good year with my company stock and our total annual income crossed $600K. Didn't notice that we had crossed $1 million in savings :) Opened 529 plans, maxed our 401ks.
2017 - Consolidating all our accounts between Vanguard and Wealthfront. I do like Wealthfront for its convenience. Still holding $120K in our company stock that I plan to sell in Q1 and diversify back into Wealthfront. Have some concentrated bets like BRK-B, GE, XOM, PG,WFC, MSFT, AAPL,DB, etc that I am thinking of selling as and when they accrue long term capital gains. Moved them to Wealthfront via tax minimized account transfer that takes care of this automatically.

sharpjm
Posts: 629
Joined: Fri Feb 20, 2015 2:41 pm

Re: Share your net worth progression

Postby sharpjm » Mon Jan 23, 2017 3:34 pm

Jan 1, xxxx : NW
2007 : -50k (graduated & bough new car)
2008 : -54k
2009 : -52k (wasting money buying go fast parts for car)
2010 : -42k
2011 : -30k (wasting money rebuilding engine of said car)
2012 : -18k
2013 : -9k
2014 : 3k
2015 : 20k (discovered bogleheads)
2016 : 36k (finally sold money pit car)
2017 : 64k

travellight
Posts: 2605
Joined: Tue Aug 12, 2008 5:52 pm
Location: San Diego

Re: Share your net worth progression

Postby travellight » Mon Jan 23, 2017 3:39 pm

^ wow, hope the positive trend continues sharpjm.

jbird11
Posts: 92
Joined: Tue Jun 02, 2015 1:24 pm

Re: Share your net worth progression

Postby jbird11 » Mon Jan 23, 2017 4:16 pm

Started using Personal Capital 40 months ago.

Started at 127K now 416K.

Wondering if $7K+ per month to NetWorth is good/bad based on $160K combined income?


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