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getting to your first million in investing is by far the hardest, right?
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Date: June 27th, 2025 11:40 PM Author: Violet Cerebral Hospital Mental Disorder once you hit 1 million the money starts compounding pretty well and you are less stressed about how your portfolio is doing so you just let it do and don't do stupid stuff like move it around when the market flutters. thoughts? experiences? (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055467) |
Date: June 27th, 2025 11:43 PM Author: Razzle plaza Yea, but watch your overhead and reserves. Dipping into it will really set you back. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055472) |
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Date: June 27th, 2025 11:45 PM Author: Violet Cerebral Hospital Mental Disorder what (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055476) |
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Date: June 27th, 2025 11:50 PM Author: Razzle plaza Do not decide that you’re wealthy now and then start spending too much. And don’t fail to maintain cash reserves for normal life events. Don’t dip into that brokerage account. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055485) |
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Date: June 27th, 2025 11:57 PM Author: Violet Cerebral Hospital Mental Disorder good point.
I think stuff like this gets easier though, as you get to that million. you feel less pressure to "over" save... so you maintain a healthy reserve and never need to touch it. basically ur at the point where you can completely forget you have the million in the bank and let it compound. |
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Date: June 27th, 2025 11:59 PM Author: Razzle plaza I logged into my brokerage account today for the first time in over a year to check my 401K balance for that other thread. My bank lets me yeet money over and into an ETF with a single click, which I do every month or two when the reserve cash drifts above what I think is needed. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055503) |
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Date: June 28th, 2025 12:09 AM Author: Violet Cerebral Hospital Mental Disorder and how much higher was it than last time? (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055513) |
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Date: June 28th, 2025 12:17 AM Author: Razzle plaza Probably +30% in appreciation plus maybe another 10% in new cash flow I’d put in. The last time I checked it was in November 2023 when I did some tax loss harvesting. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055519) |
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Date: June 28th, 2025 12:36 AM Author: Violet Cerebral Hospital Mental Disorder damn, that's pretty impressive. especially since the market is barely up this year. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055534) |
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Date: June 28th, 2025 7:25 AM Author: Outnumbered naked halford ticket booth (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055709) |
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Date: June 27th, 2025 11:52 PM Author: Slap-happy electric furnace When you poast on XO people pretty much stuff money in your pockets. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055490) |
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Date: June 27th, 2025 11:57 PM Author: Violet Cerebral Hospital Mental Disorder yes we are clearly all chads here. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055501) |
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Date: June 28th, 2025 6:36 AM Author: supple cerise tattoo stead 🍑🌊🌊 (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055672) |
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Date: June 28th, 2025 7:20 AM Author: Citrine Corner Macaca Compounding really starts taking off after 3-5 million (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055706) |
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Date: June 28th, 2025 7:25 AM Author: Outnumbered naked halford ticket booth Yes I hit 1m in Nov 2019 And now I have 1.27m and a couple months ago I was at 900k, massive compounding but I'm an investermasterman so results may vary (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055708) |
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Date: June 28th, 2025 7:45 AM Author: thriller olive resort boiling water Easiest way to get to a million investing is to start with $2million. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055728) |
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Date: June 28th, 2025 7:49 AM Author: Adventurous slimy native friendly grandma Hardest for me was the first $100k. Not saying $1M is easy, but cutting back on expenses and making lifestyle adjustments was hard as fuck because I used to spend nearly everything I made. $200k was a challenge, but by then I was mostly adjusted to lifestyle changes I made to save more. Once I hit $300k, I started to like saving because that growing financial cushion meant I wasn't as tied to my job. Currently I'm a little over $700k. $1M will be a huge milestone obviously, but I still think it was a much rougher path to the first $100k. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055739) |
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Date: June 28th, 2025 7:51 AM Author: bat shit crazy church r u a momentum trader or do u algo? (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055745) |
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Date: June 28th, 2025 7:54 AM Author: Adventurous slimy native friendly grandma Neither. My investment strategy is simple and stupid: pay off all bills with each paycheck, and put the rest in VTI. I don't really check the markets unless I'm bored, or there's some news, etc. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055748) |
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Date: June 28th, 2025 7:57 AM Author: bat shit crazy church that's a nice rate of return over the years for buy and hold-- maybe u are reading the right newsletters to time the market for huge allocations (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055752) |
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Date: June 28th, 2025 8:03 AM Author: Adventurous slimy native friendly grandma I don't time the market; I just buy VTI mechanically when I get paid regardless of where the market is. But I have to admit that I did get lucky when I started buying VTI, because that coincided with a somewhat significant dip that recovered slowly. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055760) |
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Date: June 28th, 2025 8:04 AM Author: spectacular antidepressant drug space are you a "Boglehead" (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055764) |
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Date: June 28th, 2025 8:10 AM Author: Adventurous slimy native friendly grandma There's some overlap, but I don't follow many of their forum/wiki suggestions because I think they're way too conservative with bonds, and I don't expect international markets to outperform VTI (at least, during my lifetime). (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055772) |
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Date: June 28th, 2025 8:15 AM Author: spectacular antidepressant drug space QQQ usually outperforms VTI, but it's more volatile FYI (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055776) |
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Date: June 28th, 2025 8:22 AM Author: Adventurous slimy native friendly grandma I've looked into this. The extra volatility risk and relative lack of diversity compared to VTI is why I just keep it simple and stupid with 100% VTI. (http://www.autoadmit.com/thread.php?thread_id=5744004&forum_id=2Elisa#49055788) |
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Date: June 28th, 2025 8:17 AM Author: thriller olive resort boiling water You also don’t check your portfolio everyday and obsess over it like a Boglehead. If you can handle the volatility by not looking at your portfolio there’s really no role for bonds at least while you’re still working. I disagree on international exposure, but you could get that by buying VT instead of VTI. |
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Date: June 28th, 2025 8:27 AM Author: Adventurous slimy native friendly grandma I have to admit I was obsessive about it for about the first year. But these days, I rarely check the markets outside of payday.
I don't even think about the volatility anymore. I'm holding this for the long-term, so fluctuations from last year won't matter a decade from now.
What's your reasoning on international exposure? I view it this way: the only comparable international markets are Europe, which is far less pro-business than the US, and parts of Asia, which are more corrupt apart from Japan and South Korea, which are small markets. The US is the global business leader, and that's unlikely to change anytime soon. I could be wrong, though. |
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Date: June 28th, 2025 7:58 AM Author: supple cerise tattoo stead who needs more than a million dollars |