Index Funds and Chill - 1M invested - Not a FIRE account - Get wealthy slowly
Joined October 2020
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Just topped 1M in 401k. This was a result of consistent contributions over 20 years and a heck of a bull market.
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3 years with my employer
200k in the 401k
Generous match and maxing out contribution limit did it.
Oh yeah and the insane market run !
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With the market run, NW has increased to 2.1M and 1.8 invested. On track for a 500k yearly increase in NW.
Hit a big milestone Friday as we reached 2M in net worth.
The second million took less than 4 years (45 months), and went by in the blink of an eye.
Of the 2M, 1.7 is invested in the market and the remaining is a mix of cash, home equity and vehicles.
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Hit a big milestone Friday as we reached 2M in net worth.
The second million took less than 4 years (45 months), and went by in the blink of an eye.
Of the 2M, 1.7 is invested in the market and the remaining is a mix of cash, home equity and vehicles.
The power of compounding!
I left an employer in 2018 and since then the account balance of the 401k has increased 153%!
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The 10% cash back on UberEats & free Uber 1 through Capital One Savor Card is too good to pass up. Offer is only valid through mid November, but I鈥檒l definitely be using Uber Eats until then.
Good day to rollover my 401k , it鈥檚 been out of the market since Monday close. Timed up better than last.
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Zillow has our home zestimate at 35% above our purchase price from 3.5 years ago. I鈥檓 not quite sure how accurate I should take this to be. A rise of 10% per year seems insane for real estate.
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I鈥檓 going to begin to use my Fidelity brokerage as a checking account to pay bills. Offers almost all the same benefits of a physical branch and will allow my money to grow at nearly 5% while I wait to pay bills on their due date.
Anyone just use Fidelity cash management of Vanguard Cash plus to pay bills and Venmo? I see no reason for staying with a traditional bank that offers no apy yield on checking. I probably write one check a year and take out less than 500 in cash.
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