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Message
re: A different take - When did your net worth pass $1 million?
Posted on 2/2/18 at 9:13 am to elposter
Posted on 2/2/18 at 9:13 am to elposter
quote:
Are you counting the unrealized estimated equity in your house in "net worth"?
For this exercise yes, because I had to in some paperwork for the government a couple of years ago.
If you do not want to include it, that is fine.
0
Posted on 2/2/18 at 9:14 am to DarthRebel
Birth
Posted on 2/2/18 at 9:14 am to DarthRebel
I’ve made $2.88 million dollars since you started this thread
Posted on 2/2/18 at 9:16 am to DarthRebel
I'm 45 and a less than 1/2 way to $1M net worth. As soon as I get the kids out of school in the next 7 years I can start adding to it.
Posted on 2/2/18 at 9:25 am to REB BEER
Hope and pray.
Posted on 2/2/18 at 9:27 am to DarthRebel
When I was 43
Now well over 1,670,000,000.00
Now well over 1,670,000,000.00
Posted on 2/2/18 at 9:28 am to Tiger Ryno
I’m cash poor but own a business that is worth enough to put me there. Thought about trying to sell it and retire, but I’m going to ride out MAGA for 3 more years.
Posted on 2/2/18 at 9:30 am to DarthRebel
quote:
A salary is worthless if you do not save though.
We definitely disagree on this point....a salary is worthless if you don’t spend it
I enjoy fun
Posted on 2/2/18 at 9:32 am to Brazos
quote:
Boy will this thread be full of lies
No different than the $100k a year thread.
Posted on 2/2/18 at 9:34 am to DarthRebel
I was born into it.
Do you even trust funds, baw?
Do you even trust funds, baw?
Posted on 2/2/18 at 9:40 am to DarthRebel
We've got threads where everyone makes 100k, has a 1 million net worth and are also excited about getting an extra $40 on their paycheck. 
Posted on 2/2/18 at 9:41 am to jdeval1
quote:
about getting an extra $40 on their paycheck.
Dude, that's a thousand fricking dollars a year. Wealthy people get/stay wealthy by being excited about exactly that thing.
Posted on 2/2/18 at 9:43 am to REB BEER
quote:
As soon as I get the kids out of school in the next 7 years I can start adding to it.
You can't replace time in the market. I know that there are forces pulling at that income from every direction, but save as much as you can, as soon as you can.
Trust me - I know whereof I speak.
Posted on 2/2/18 at 9:43 am to DarthRebel
Hopefully I can work my way up here and one day own multiple restaurants. I'm glad the OT gives us all this free advertising asking to meet there
Posted on 2/2/18 at 9:43 am to DarthRebel
It was about 2 years ago or maybe closer to 18 months. After checking vanguard and fidelity401k sites
Posted on 2/2/18 at 9:44 am to el Gaucho
Did you know that "Sonic" is "Sonic" in Spanish, too?
That's convenient.
That's convenient.
Posted on 2/2/18 at 9:48 am to DarthRebel
quote:
It seems 90% of the OT make north of $100,000. A salary is worthless if you do not save though
And saving is worthless if you have a spending problem when you retire.
Posted on 2/2/18 at 9:49 am to DarthRebel
quote:
It seems 90% of the OT make north of $100,000. A salary is worthless if you do not save though.
I'm 31. I probably haven't made a million dollars total in my life. But I can guarantee you my salary is far from worthless.
Posted on 2/2/18 at 9:52 am to DarthRebel
It would have a long time ago but I sunk it all into travel ball. It will pay off bigtime soon, though.
Posted on 2/2/18 at 10:04 am to DarthRebel
i honestly have no idea what my net worth is... just know all my bills are always paid, and our savings account consistently grows, the 401K is booming, and we are now part owners of a pharmacy...
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