rich

Richer In Retirement

October 21, 2019 by Mr. 1500 Days 28 Comments

Check out an audio version of this post here.I vividly remember struggling with money at university. My apartment was paid for, but I supported myself otherwise. I had a part-time job at a computer lab that paid $4.25/hour. From this money, I had to buy food and everything else.My diet suffered the most. I'd buy the cheapest tomato sauce and cook a huge batch of noodles … [Read more...] about Richer In Retirement

I’m rich Baby! (And follow your Heart)

June 23, 2015 by Mr. 1500 Days 55 Comments

Growing up, I didn't think much about what it meant to be rich. My family and I lived in a lower middle class 'hood. My dad was an electrician. Our next door neighbor was a mailman. The guys who rented the house across the street were entrepreneurs (drug dealers). One day, the police showed up at their house and took them away. We never saw them again. But I digress. Mike, the … [Read more...] about I’m rich Baby! (And follow your Heart)

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 (primary home excluded)
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**
1/1/22 (9 Yrs Later): $4,762,642
1/1/23 (10 Yrs Later): $3,112,821

2023: Investments only
1/1: $3,112,821
2/1: $3,582,368

Overall
2023 investment gains: $469,547
Investment gains since 1/1/2013: $2,996,325
Net worth***: $3,812,368

* 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. We have since sold it.

** 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!