another 2 comma club member

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soccerrules
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another 2 comma club member

Post by soccerrules » Wed Oct 04, 2017 2:54 pm

OK-- excited to pull up my Vanguard account yesterday and see that extra comma. Such a meaningful punctuation.

Hate to be a little braggy about it , but it does feel pretty good. I had been waiting for it to happen and then get to show my wife on the app.
Her response "took us awhile" (kill joy :? )

As others have commented, not really a milestone easily shared with family members or friends. Thanks for allowing me to share here. :beer

Glad to be "in the club".
Don't let your outflow exceed your income or your upkeep will be your downfall.

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JupiterJones
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Re: another 2 comma club member

Post by JupiterJones » Wed Oct 04, 2017 3:00 pm

Awesome! Congrats! :sharebeer
Stay on target...

WVbaron
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Re: another 2 comma club member

Post by WVbaron » Wed Oct 04, 2017 3:05 pm

Congratulations! I love hearing when people hit this milestone. I am 37 yrs old and look forward to when I can post it too (still some years away). Thanks for the motivation and well done!

saveinvestbecomefree
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Re: another 2 comma club member

Post by saveinvestbecomefree » Wed Oct 04, 2017 3:06 pm

Congratulations! Great milestone to achieve!

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onthecusp
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Re: another 2 comma club member

Post by onthecusp » Wed Oct 04, 2017 3:32 pm

Congratulations! I'm getting close myself, it feels very solid / real now that it is invested in a Boglehead type of way.

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Sandtrap
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Re: another 2 comma club member

Post by Sandtrap » Wed Oct 04, 2017 3:34 pm

Onward
onward
:sharebeer

Mrxyz
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Re: another 2 comma club member

Post by Mrxyz » Wed Oct 04, 2017 3:45 pm

Congratulations!

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Jimbo9911
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Re: another 2 comma club member

Post by Jimbo9911 » Wed Oct 04, 2017 3:52 pm

Congratulations, it is a great feeling to see that second comma.

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Taylor Larimore
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Flagship !

Post by Taylor Larimore » Wed Oct 04, 2017 3:58 pm

soccerrules wrote:
Wed Oct 04, 2017 2:54 pm
OK-- excited to pull up my Vanguard account yesterday and see that extra comma. Such a meaningful punctuation.

Hate to be a little braggy about it , but it does feel pretty good. I had been waiting for it to happen and then get to show my wife on the app.
Her response "took us awhile" (kill joy :? )

As others have commented, not really a milestone easily shared with family members or friends. Thanks for allowing me to share here. :beer

Glad to be "in the club".
soccerrules:

You should be eligible to become a Flagship investor:

Vanguard Flagship Services.

Congratulations and best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

soccerrules
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Re: another 2 comma club member

Post by soccerrules » Wed Oct 04, 2017 4:11 pm

Thanks Taylor for the info and everyone for the "high fives".
Don't let your outflow exceed your income or your upkeep will be your downfall.

cmeretire
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Re: another 2 comma club member

Post by cmeretire » Wed Oct 04, 2017 4:17 pm

Congrats, I made that club a while back and it is nice to say that since you can't really tell you family or friends.

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FIREchief
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Re: another 2 comma club member

Post by FIREchief » Wed Oct 04, 2017 4:18 pm

soccerrules wrote:
Wed Oct 04, 2017 2:54 pm
As others have commented, not really a milestone easily shared with family members or friends. Thanks for allowing me to share here. :beer
It is actually quite easy to share financial milestones with family, friends, the postman, the grocery clerk, etc. Some people just can't help themselves. For the rest of us, it begins and ends with telling the spouse. I want everybody else to think I'm broke (and fired instead of FIRE'd). :wink:
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.

grettman
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Re: another 2 comma club member

Post by grettman » Wed Oct 04, 2017 4:30 pm

CONGRATS!!!!

My wife yawns when I mention our financial nut.

Watching our assets grow is only something I get into but that’s okay... I am happy to have this forum as an outlet.

2pedals
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Re: another 2 comma club member

Post by 2pedals » Wed Oct 04, 2017 4:32 pm

Welcome to the club and congratulations. Grab a :beer in the bogleheads fridge. Plenty more for new members

Billionaire
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Re: another 2 comma club member

Post by Billionaire » Wed Oct 04, 2017 5:05 pm

Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.

ze233
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Re: another 2 comma club member

Post by ze233 » Wed Oct 04, 2017 5:19 pm

I love seeing these posts, they give me inspiration to keep on going.
I'm almost there myself, hopefully will be in the club in a couple more years.

Congrats!

khh
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Re: another 2 comma club member

Post by khh » Wed Oct 04, 2017 5:35 pm

A comma here, a comma there, pretty soon you're talking real money! :sharebeer

dewey
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Re: another 2 comma club member

Post by dewey » Wed Oct 04, 2017 5:38 pm

Awesome...with a side of awesome sauce. Congrats!!!
“The only freedom that is of enduring importance is freedom of intelligence…”

lostdog
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Re: another 2 comma club member

Post by lostdog » Wed Oct 04, 2017 5:53 pm

Congratulations! :sharebeer
Vanguard Total World Equity Index - The rational portfolio

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dccboone
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Re: another 2 comma club member

Post by dccboone » Wed Oct 04, 2017 6:06 pm

Congratulations! Keep up the good work. :sharebeer

MiddleOfTheRoad
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Re: another 2 comma club member

Post by MiddleOfTheRoad » Wed Oct 04, 2017 6:07 pm

:sharebeer Congrats!

runner540
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Re: another 2 comma club member

Post by runner540 » Wed Oct 04, 2017 6:16 pm

Congrats!!
If you saw the second comma on Vanguard, does that mean you did it not counting home equity?

Maya1234
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Re: another 2 comma club member

Post by Maya1234 » Wed Oct 04, 2017 6:22 pm

Not only does our family know our two comma status ( my brother and h's brother help give us investment advice and are in similar circumstances ) but many of my work friends do also since they work on our estate plan and have worked on the administration of estates for my family members. No secrets here.

Moreover most of my friends are likewise situated and my daughter's college friends include children of a movie star, an NFL team owner and the head of a major entertainment company. We are small potatoes in comparison

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FIREchief
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Re: another 2 comma club member

Post by FIREchief » Wed Oct 04, 2017 7:00 pm

Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Bah!! Let us know when you hit the four comma club. Then we'll be (slightly) impressed. :P
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.

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jmndu99
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Re: another 2 comma club member

Post by jmndu99 » Wed Oct 04, 2017 7:10 pm

Congrats OP.

Best wishes,
James

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abuss368
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Re: another 2 comma club member

Post by abuss368 » Wed Oct 04, 2017 9:25 pm

soccerrules wrote:
Wed Oct 04, 2017 2:54 pm
OK-- excited to pull up my Vanguard account yesterday and see that extra comma. Such a meaningful punctuation.

Hate to be a little braggy about it , but it does feel pretty good. I had been waiting for it to happen and then get to show my wife on the app.
Her response "took us awhile" (kill joy :? )

As others have commented, not really a milestone easily shared with family members or friends. Thanks for allowing me to share here. :beer

Glad to be "in the club".
That is a great achievement! Congrats! After $1 MILLION comes $2 MILLION! Remember it is not the end game but the journey traveled that is fun.
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + U.S. & International REITs

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BolderBoy
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Re: another 2 comma club member

Post by BolderBoy » Wed Oct 04, 2017 10:32 pm

"My heart soars like a hawk!"

Well done.
"Never underestimate one's capacity to overestimate one's abilities" - The Dunning-Kruger Effect

lazydavid
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Re: another 2 comma club member

Post by lazydavid » Thu Oct 05, 2017 6:12 am

Congrats! Though we hit 2 commas in Net Worth last year, and will probably get there in portfolio-only next year, it'll be a LONG time before any single account of ours has two commas.

guitarguy
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Re: another 2 comma club member

Post by guitarguy » Thu Oct 05, 2017 6:17 am

lazydavid wrote:
Thu Oct 05, 2017 6:12 am
Congrats! Though we hit 2 commas in Net Worth last year, and will probably get there in portfolio-only next year, it'll be a LONG time before any single account of ours has two commas.
Vanguard has the "Balances and Holdings" section where you can add in and track your balances from other accounts. Not sure if it "counts" or not for you...but you can see those commas on one login/platform that way!! :D

It'll still be years before we see 2 commas...anywhere. :?

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djpeteski
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Re: another 2 comma club member

Post by djpeteski » Thu Oct 05, 2017 6:23 am

Congratulations, keep up the good work. :sharebeer :moneybag

For readers that have not yet made it: stay the course, and do what you can today. We are all cheering for you!

For those of you with spouses that don't care about the milestones good for you and them. Some people have concern over the milestones because of the financial trauma they have experienced in their lives.

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wander
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Re: another 2 comma club member

Post by wander » Thu Oct 05, 2017 6:44 am

Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
I don't know why a billionaire wants to hang out at this web site. A boglehead can do better financially than average people but impossible to get to billionaire in his/her lifetime.

Tamalak
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Re: another 2 comma club member

Post by Tamalak » Thu Oct 05, 2017 7:57 am

Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Give me money until you're down to 999 million, and then experience the thrill all over again! :twisted:

alfaspider
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Re: another 2 comma club member

Post by alfaspider » Thu Oct 05, 2017 8:59 am

FIREchief wrote:
Wed Oct 04, 2017 7:00 pm
Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Bah!! Let us know when you hit the four comma club. Then we'll be (slightly) impressed. :P
I do wonder if we will see the first Trillionaire in my lifetime. I don't think Gates and Buffet are going to make it barring some massive inflation. Maybe Zuckerberg- he still has a lot of time for things to compound.

seity
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Re: another 2 comma club member

Post by seity » Thu Oct 05, 2017 9:01 am

Congratulations. That is my FI goal for retirement. My current mini goal is to reach half that in the next 5 years.

soccerrules
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Re: another 2 comma club member

Post by soccerrules » Thu Oct 05, 2017 9:10 am

runner540 wrote:
Wed Oct 04, 2017 6:16 pm
Congrats!!
If you saw the second comma on Vanguard, does that mean you did it not counting home equity?
Hey Runner, great question.
I was referring to invested assets in the "market" not our Net Worth. I actually hit the 2 comma club a week of 2 earlier because I have a separate 401K not connected to Vanguard. It was just really cool to see the $1,000,---. on our Vanguard Account that holds (IRA's, Taxable and 403B).

Thank you all for helping me celebrate our success.
Don't let your outflow exceed your income or your upkeep will be your downfall.

student
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Re: another 2 comma club member

Post by student » Thu Oct 05, 2017 9:24 am

Congratulations. Are you willing to share how long did you take you to achieve this?

DemoEngr
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Re: another 2 comma club member

Post by DemoEngr » Thu Oct 05, 2017 9:29 am

I too recently tripped over this mark without house equity. Been lurking for years and need to say that it would have taken a lot longer had I not found this resource. I would like to ask a question if I may, is it incorrect to treat house equity almost like bonds as a % of stocks to bonds?

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czeckers
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Re: another 2 comma club member

Post by czeckers » Thu Oct 05, 2017 9:32 am

runner540 wrote:
Wed Oct 04, 2017 6:16 pm
Congrats!!
If you saw the second comma on Vanguard, does that mean you did it not counting home equity?
That's what I was thinking: You must have hit the $1M net worth milestone a while back. I do agree that it does somehow feel better seeing the two commas on one account rather than at the bottom of a spreadsheet.

Congratulations!
The Espresso portfolio: | | 16% LCV, 16% SCV, 16% EM, 8% Int'l Value, 8% Int'l Sm, 8% US REIT, 8% Int'l REIT, 20% Inter-term US Treas | | "A journey of a thousand miles begins with a single step."

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Nicolas
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Re: another 2 comma club member

Post by Nicolas » Thu Oct 05, 2017 9:36 am

alfaspider wrote:
Thu Oct 05, 2017 8:59 am
FIREchief wrote:
Wed Oct 04, 2017 7:00 pm
Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Bah!! Let us know when you hit the four comma club. Then we'll be (slightly) impressed. :P
I do wonder if we will see the first Trillionaire in my lifetime. I don't think Gates and Buffet are going to make it barring some massive inflation. Maybe Zuckerberg- he still has a lot of time for things to compound.
It could be Putin is already there, we may never know.

davegreen10
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Re: another 2 comma club member

Post by davegreen10 » Thu Oct 05, 2017 9:53 am

Congrats. Looking forward to crossing that threshold of net worth of all accounts in approx two years. It will be a few more before I can see it in just Vanguard. But thanks to compounding, they say the second million is much easier than the first. :beer

alfaspider
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Re: another 2 comma club member

Post by alfaspider » Thu Oct 05, 2017 10:08 am

Nicolas wrote:
Thu Oct 05, 2017 9:36 am
alfaspider wrote:
Thu Oct 05, 2017 8:59 am
FIREchief wrote:
Wed Oct 04, 2017 7:00 pm
Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Bah!! Let us know when you hit the four comma club. Then we'll be (slightly) impressed. :P
I do wonder if we will see the first Trillionaire in my lifetime. I don't think Gates and Buffet are going to make it barring some massive inflation. Maybe Zuckerberg- he still has a lot of time for things to compound.
It could be Putin is already there, we may never know.
That would be an amazing feat given that the entire GDP of Russia is around $1 Trillion

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Nicolas
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Re: another 2 comma club member

Post by Nicolas » Thu Oct 05, 2017 12:39 pm

alfaspider wrote:
Thu Oct 05, 2017 10:08 am
Nicolas wrote:
Thu Oct 05, 2017 9:36 am
alfaspider wrote:
Thu Oct 05, 2017 8:59 am
FIREchief wrote:
Wed Oct 04, 2017 7:00 pm
Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Bah!! Let us know when you hit the four comma club. Then we'll be (slightly) impressed. :P
I do wonder if we will see the first Trillionaire in my lifetime. I don't think Gates and Buffet are going to make it barring some massive inflation. Maybe Zuckerberg- he still has a lot of time for things to compound.
It could be Putin is already there, we may never know.
That would be an amazing feat given that the entire GDP of Russia is around $1 Trillion
Of course you're right.
Last edited by Nicolas on Fri Oct 06, 2017 3:05 pm, edited 1 time in total.

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jabberwockOG
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Re: another 2 comma club member

Post by jabberwockOG » Thu Oct 05, 2017 12:55 pm

The remarkable thing about this much invested is how much it can earn every year all by itself without adding any additional outside funds. Given how hard many people sweat and toil to earn even a modest living, having a $ million or more invested fairly conservatively and earning $50,000+ per year from it while you do nothing is particularly striking to me. I hope folks that were born with or inherited this kind of money fully appreciate just how insanely lucky they were to do so.

jornsy
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Re: another 2 comma club member

Post by jornsy » Thu Oct 05, 2017 2:08 pm

Congratulations reaching your milestone and enjoy the moment. You worked hard for your money, so now let your invested money work hard for you!

soccerrules
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Re: another 2 comma club member

Post by soccerrules » Thu Oct 05, 2017 5:06 pm

student wrote:
Thu Oct 05, 2017 9:24 am
Congratulations. Are you willing to share how long did you take you to achieve this?
Student-
It took 28 years to hit $1M, I just turned 52.

I think had I found BH's many years ago, I could have gotten here quicker. Looking forward to tracking to the next milestone, $1.5M and then hopefully $2M. :beer
Don't let your outflow exceed your income or your upkeep will be your downfall.

soccerrules
Posts: 772
Joined: Mon Nov 14, 2016 4:01 pm

Re: another 2 comma club member

Post by soccerrules » Thu Oct 05, 2017 5:14 pm

czeckers wrote:
Thu Oct 05, 2017 9:32 am
runner540 wrote:
Wed Oct 04, 2017 6:16 pm
Congrats!!
If you saw the second comma on Vanguard, does that mean you did it not counting home equity?
That's what I was thinking: You must have hit the $1M net worth milestone a while back. I do agree that it does somehow feel better seeing the two commas on one account rather than at the bottom of a spreadsheet.

Congratulations!
Thanks Czeckers.
I could go back and try and figure it out and maybe I will, but think I hit $1M in net worth about 5-6 years ago. FYI I don't count my 529's, cars, or household possessions in my Net Worth. Just taxable and tax deferred money in my accounts and house equity. (some might say I should count 529's and cars, idk)
Don't let your outflow exceed your income or your upkeep will be your downfall.

fatcharlie
Posts: 36
Joined: Wed Aug 06, 2014 11:25 am

Re: another 2 comma club member

Post by fatcharlie » Thu Oct 05, 2017 6:10 pm

Me too! (A few weeks ago in net worth). I feel like no good can come of telling most people.

student
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Re: another 2 comma club member

Post by student » Thu Oct 05, 2017 8:46 pm

soccerrules wrote:
Thu Oct 05, 2017 5:06 pm
student wrote:
Thu Oct 05, 2017 9:24 am
Congratulations. Are you willing to share how long did you take you to achieve this?
Student-
It took 28 years to hit $1M, I just turned 52.

I think had I found BH's many years ago, I could have gotten here quicker. Looking forward to tracking to the next milestone, $1.5M and then hopefully $2M. :beer
Thanks for the feedback.

lazydavid
Posts: 1658
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Re: another 2 comma club member

Post by lazydavid » Thu Oct 05, 2017 10:49 pm

guitarguy wrote:
Thu Oct 05, 2017 6:17 am
lazydavid wrote:
Thu Oct 05, 2017 6:12 am
Congrats! Though we hit 2 commas in Net Worth last year, and will probably get there in portfolio-only next year, it'll be a LONG time before any single account of ours has two commas.
Vanguard has the "Balances and Holdings" section where you can add in and track your balances from other accounts. Not sure if it "counts" or not for you...but you can see those commas on one login/platform that way!! :D
I track my overall portfolio in Personal Capital, so that's where I'll see it cross the magic number. $154k to go!

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