My main goal is to build a portfolio of $1,000,000 in 1500 days with no debt*, starting from 1/1/2013. Every month, I provide an update on my status. My goal for 2014 is to get my portfolio up to $768,536. Because we saw exceptional returns in 2013, I have accomplished this goal as well as my goal for the end of 2015.
First, I must apologize for the awful title of this post. If you’re like me “November to Remember” sounds awfully close to that stupid commercial that starts popping up this time of year. You know the one. Sappy music starts playing and they try to convince you to buy a luxury car for someone as a Christmas gift. Bleh. I am not creative, and November to Remember is the best I could come up with this month.
In November, my portfolio went a bit crazy. I started the month at $965,210 and ended at $1,002,836 for a gain of 3.9%. I outperformed the S&P 500 which saw a gain of 2.4%. Most of this performance was due to Apple which climbed about 10% in November. Here are my numbers (as of 11/30):
- Days elapsed: 334
- Days remaining: 31
- 2014 gains: $133,201
- Left to go (2014): Goal accomplished!
Since the start (1/1/2013)
- Days elapsed: 699
- Days remaining: 801
- Gains since 1/1/2013: $416,484
- Needed for $1,000,000: Woot, I’m there!
- Net worth**: $1,202,836
Joining the Double-Comma Club
The big news is that my portfolio crossed the million dollar threshold last week. We had been visiting with family, so I hadn’t been paying a lot of attention to the markets on Monday or Tuesday. On Wednesday, I took the train into Chicago and fired up my Personal Capital app***. A number slightly larger than $1,000,000 popped up on the top of the screen and I nearly soiled myself. Happy Thanksgiving to me.
And getting kicked out of the Double-Comma Club
I own way too much Apple and it has far too much power over my net worth. Apple is like a Doberman Pinscher that has its way with my portfolio as if it were a small chew toy. When I first started this blog, Apple tormented my net worth in a very bad way. I held on though and it’s been a good thing.
However, on Monday the high-frequency trading robots that do most of the trading these days went nuts on Apple, sending it down 6% in just a couple minutes for no good reason. As a result, I was booted out of the DC Club less than a week after joining.
I don’t know what I did to get kicked out so quickly. Do I not shower enough? Maybe. Did they catch me playing with plastic dinosaurs? Perhaps. Did they hear me yelling naughty words at my computer when it wasn’t cooperating? Probably****.
It’s just fine though. I expect that I’ll get kicked out of the DC Club many more times before I join for the long term. In the short term, markets will go up and down. In the meantime, 2015 will be the year that I start working on my Apple issues.
*I still owe something like $120,000 on my mortgage. Because I have a low rate, I firmly believe in not paying it off. My compromise is to have enough money put away to pay off the mortgage at time of retirement. So, to retire today, I would need about $1,120,000.
**The numbers on the right side of the page only reflect my investments and cash. Net worth includes, but is not limited to:
- Home equity
- Extensive collection of winter hats: The one on the top left is a woman’s hat, complete with flowers stitched on it. A couple years ago, I was hiking Mt. Whitney (tallest peak in the lower 48). It was summer, but I knew it would be cold near the summit. I had forgotten my hat, so went into a big box sports store to pick up a new one. This was the only hat in the place. I get funny looks sometimes when I wear it. Good thing I couldn’t care less.
***This is an affiliate link. If you sign up, the blog makes a little bit of money and I can afford to feed the dinosaurs and children. You wouldn’t want the dinosaurs or children to go hungry, would you? I didn’t think so. With that out of the way, I would never recommend anything I didn’t use myself and completely believe in. Personal Capital is totally free and an awesome way to keep watch over your investments. It’s worth it for the fee analyzer alone.
****Mrs. 1500 note: Definitely. Absolutely. Unquestionably. Without Fail.
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*Only if your life is pretty bad to begin with.