leverage

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

Hey you Mr. Debt, stop looking at my Wife’s Butt!

March 17, 2016 by Mr. 1500 Days 27 Comments

I'll be the first one to tell you that debt is evil and bad. It will:keep you awake at night with worry possibly hurt your credit score encourage you to call your ex-girlfriend/boyfriend after drinking one too many hit on your husband or wife when you have your back turnedAll of that is true, but there is one form of debt that I tolerate, mortgage debt. … [Read more...] about Hey you Mr. Debt, stop looking at my Wife’s Butt!

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
4/1: $3,686,009
5/1: $3,892,234
6/1: $3,787,772
7/1: $3,950,516
8/1: $4,034,920
9/1: $4,194,210

Overall
2021 investment gains: $814,464
Investment gains since 1/1/2013: $3,608,421
Net worth***: $4,344,210

* 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 $290,000 in mortgage debt (which I love!). No regrets about the debts!