mortgage

Home Sale: Mortgage Post-Mortem

March 1, 2021 by Mr. 1500 Days 22 Comments

Mindy and I just sold our old home. It had been a rental, but the numbers didn't work well. We earned less than $3,000/month on a $600,000 home. We weren't close to the 1% Rule. Hell, we weren't even at the .5% rule. If we had pursued our original plan to put the home on Airbnb, the numbers would have worked much better. But then, we're trading time for money. I need time much … [Read more...] about Home Sale: Mortgage Post-Mortem

My goal was to build a portfolio of $1,000,000 by February of 2017; 1500 days from the birth of this blog (January 1, 2013). And hey look, I’ve since retired!

Investments only
1/1/13 (The Start): $586,043
1/1/14 (1 Yr Later): $869,635
1/1/15 (2 Yrs Later): $987,351
1/1/16 (3 Yrs Later): $1,057,961
1/1/17 (4 Yrs Later): $1,257,128
1/1/18 (5 Yrs Later): $1,527,701
1/1/19 (6 Yrs Later): $1,549,440
1/1/20 (7 Yrs Later): $2,035,040*
1/1/21 (8 Yrs Later): $3,379,746**

2021: Investments only
1/1: $3,379,746
2/1: $3,616,567
3/1: $3,532,156

Overall
2021 investment gains: $152,410
Investment gains since 1/1/2013: $2,946,113
Net worth***: $3,672,156

* The big jump between 2019 and 2020 was partly because we bought another home, but kept the previous (much more expensive) one as a rental, so now count it as an investment.

** Tesla.

*** Includes our primary home equity in addition to our investment portfolio.

Finally, we still have about $370,000 in mortgage debt (which I love!). No regrets about the debts!