I feel like my net worth is finally snowballing. Ive been tracking my net worth monthly for the last 6 years. At end of 2019, I was at 400k. It was remarkable to see myself at 600k by end of 2020.

I had set a goal of 800k by end of 2021, but I'm already at 730k just a little over a month in. Main drivers have been the market's strong performance, Google stock, RE appreciation and salary increases. Feeling blessed 🙏

Anyone else have stories of when they felt like the snowballing started? 🙏🙏

likeupliftingfunnysmart
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My brother in law threw $5k into BTC in 2014 and hasn’t touched it since. And has a pretty lucrative 9-5 too. I’m not jealous, I just cry myself to sleep.

likefunnyuplifting

I started 2021 with $40,000 net worth, now I’m at $20,000. I guess you could say I’m also snowballing

likefunnyuplifting

In the wrong direction 🤣

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😳 how old are you?
#feelingworthless

likefunnyhelpful

Ooo this makes me feel good. I’m at almost 200k now and just want to see it keep going up

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I started tracking mine 18 months ago when I came across personal capital. Wife and I had around $180kish 18 months ago.

We’re at $500k now. Mostly due to real estate that we sold. Actually could have been over $640k but didn’t press all the right buttons.

Goal is $1.5M by 40. We are 31.

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Aim big u will easily hit 3 million

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The snowballing started when my parents were so excited to marry me off they gave me & fiancé 1M+ (supposedly to fiancé to take this ticking time bomb off of their hands)

likefunnysmart

Acc2: hedge fund, that lucky bastard

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Can totally relate - started tracking net worth April 18’. At the time was at ~300k, and at the start of January 20’ was at ~650k. Now a year later at 1.2M, where the math is starting to get really fun.

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Yeah mostly AMZN stock, it’s about 68% of my equity portfolio. Had some other small positions in TSLA, PLUG, PINS, LMND, and BTC that all returned really well but only make up 10%. The rest ETFs (VGT, VTSNX, VFFSX, etc.), which didn’t do bad all things considered.

I started 2021 with about 200k- my goal for 2021 year end was 300k but I hit 285k yesterday. My big milestone for the next few years is 500k as I hear that’s when it really starts snowballing

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MGNI and PLTR and other growth stocks

Your networth isn't inflating, the dollar is debasing.

funny

You must be fun at parties

likefunny

How did you determine your RE appreciation?

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Two properties? At 29?

What do you do in Operations at G? Didn’t know it paid so well..lol

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Expenses around 6k / mo split with partner. In SF.

Totally.. I was at 500k last year Jan and I hit 700k in Dec. way to go bull market!!

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MC1 - You are missing buying into the dip - growth from $55ish in March to $93ish end of the year.

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What’s your investment portfolio looking like?

Wow no Bitcoin or GameStop, this can’t be right. Are you sure you didn’t miss something?

funnylike

Yea. Very tricky with RE. Cos frankly the best estimate is what you paid for it. Of course that price can be stale 5-10yrs after so perhaps a modest increase.

Agree. I felt like trying to factor in RE was inflating my wealth. Like sure, I understand it’s an asset, that it can appreciate, and that it’s worth more than I owe. But I really want to see how my savings, investments in the markets, etc are doing.

If I owned multiple properties, I’d feel different. But just owning one, I’d never really sell this property without sinking the money from this into another. With multiple, I could sell them all without needing to put that money into another house for shelter.

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Which all stocks did you invest?

Mostly VOO, and some ARK ETFs. Full breakdown is under my original comment above.

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