leverage

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 turned All 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*

2020: Investments only
1/1: $2,035,040
2/1: $2,118,622
3/1: $2,078,857
4/1: $1,979,773
5/1: $2,491,119**
6/1: $2,526,338
7/1: $2,605,803

*Note: 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.

**Note: We did a cash out refinance on our primary home and invested the money, hence the huge increase in the investment part of our portfolio. It also didn’t hurt that our tech stocks had a stupendous month.

2020 investment gains: $570,763

Overall
Gains since 1/1/2013: $2,019,760
Net worth***: $2,755,803

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

Finally, we still have about $370,000 in mortgage debt (which I love!). My solution was to accumulate enough money to cover this or $1,100,000.

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