My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers.
Half of 2021 is over. Where did it go? I have no idea.
In 2020, COVID-life creeped along like a drunken sloth. In 2021, life is flying by like a rabid t-rex on amphetamines.
I’m mostly an index investor now. Before that, I didn’t know what an index fund was, so I bought individual stocks. (see the full list of my investments here) I’m a nerd, so most of those stocks were big tech. I’m stubborn, so I’ve held on to them and they’ve treated me well.
So far this year, Google (Alphabet) and Facebook are knocking it out of the park. Amazon and Tesla have underperformed.
Looking at 6-month performance is silly. Investing should be for the very long-term.
The youngest of my holdings is Facebook which I bought when it IPO’d in mid-2012. If I back the chart up to that date, the story is a lot different. These stocks, especially Tesla, have absolutely killed it:
Despite this outsized performance, I’m a big believer in index funds. My fancy tech companies will eventually be killed off by more innovative companies. The pace of disruption is accelerating and the risk to holding an individual stock is that you ride it to $0. I did this with more than one company during the dot-com bubble. Whoops!
However, the big tech companies of today are in much better positions than those vaporware companies of two decades ago, so I’m not in a huge hurry to sell them. In the meantime, almost all new money will go to index funds.
June was a stellar month. Our net worth started the month at $3,937,772 and ended at $4,100,516 for a gain of $162,744:
2021 (as of 6/30/2021)
- Days elapsed: 181
- Net worth gains: $570,770
Since the Start (1/1/2013)
- Days elapsed: 3102
- Net worth gains: $3,364,473
To Infinity! And Beyond!
Compound interest is an amazing phenomenon to experience. When I first started investing, I was thrilled when my portfolio went up $2,000 in a month. For the first 6 months of the year, we’ve averaged $95,000 per month.
If you take anything from this blog, I hope it’s that you’re inspired by my numbers. I hope that you hold on for the long-term no matter what happens to the markets in the short term.
Put your money to work so you don’t have to.
More 1500 Days!!!
You can also find me (and the dinosaurs) at:
Mile High FI podcast:
- EconoMe: Hey look, I’m speaking at EconoMe later this year!
- Facebook: Facebook group and page
- YouTube: My channel is mostly devoted to home improvement, but I have some other material coming up soon too.
- Instagram: Pretty pictures of dinosaurs, sunsets, and nail guns!
- Twitter: Spontaneous, often insane, ramblings
- Coworking space: On the surface, MMM HQ is a coworking space. Look a little deeper and you’ll see that we’re really building community. The members of MMM HQ are some of the finest people I know.
Other resources I like:
- Camp FIs are amazingly fun! I hope to attend Rocky Mountain and Joshua Tree this year. See you there?
- Need to learn how to invest? The Simple Path to Wealth is all you need.
- New to FIRE? Need some FIREy guidance? Check out Fiology and the accompanying workbook!
*My goal wasn’t to have $1,120,000 at the end of 1500 days, but at any time before the day count was up. Why? It all goes back to the 4% Rule. Remember that our little friend, Mr. 4%, is nothing more than the most conservative safe withdrawal rate. Since my investment portfolio now sits at $1,550,000, I can spend about $62,000 in my first year of retirement.
**My original goal was $1,000,000 and no debt, I later raised the goal by $120,000 to $1,120,000 because I will have debt in the form of a mortgage and I firmly believe in not paying it off (LOOK at the MONEY I’m MAKING!). My compromise was to have enough money put away to cover the mortgage at the time of retirement.
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