financial advice

Ask The Readers: Best Financial Advice?

April 9, 2018 by Mr. 1500 Days 33 Comments

We asked about the worst financial advice recently and got some great (or not) answers. The next question to ask is about the best financial advice. So obvious, I know. But I'm tired and when I'm sleep deprived, my creativity suffers. Before we get to that, we must get to the worst financial advice. Brace yourselves. Worst Advice There is a lot of bad advice out there. … [Read more...] about Ask The Readers: Best Financial Advice?

Ask The Readers: What’s The Worst Financial Advice You’ve Ever Received?

March 19, 2018 by Mrs. 1500 57 Comments

Hi there, Mrs. 1500 today. I am a member of the Choose FI Facebook group, and someone recently posted this question there: What's the Worst Piece of Financial Advice You've Ever Received? I thought this was an excellent question because so much of what we're taught about money is wrong. (Or, let's be honest, we aren't taught anything about it, which I guess is better than … [Read more...] about Ask The Readers: What’s The Worst Financial Advice You’ve Ever Received?

My goal was to build a debt-free* 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

2019: Investments only
1/1: $2,035,040
2/1: $2,118,622

Note: The big jump in 2019 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.

2020 gains: $83,582

Overall
Gains: $1,532,579
Net worth**: $2,483,622

*I still have about $80,000 in mortgage debt (which I love!). My solution was to accumulate enough money to cover this or $1,100,000.

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

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