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Reply to "How much have you made in the stock market since 2020?"
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[quote=Anonymous]Our retirement plans have grown from $1.2M to $3.1M. Our taxable brokerage has grown from $40K to $371K. Our 529 plans have grown from $180K to $304K. Our HSA has grown from $117K to $261K. Taxes have been irrelevant for most of our accounts, so we’ve bought and sold countless ETFs and individual stocks in our tax-sheltered accounts to capitalize on all the fear-induced volatility. In our taxable brokerage, it’s been 50/50 short-term and long-term. We’ve cashed in on several short-term gains after doubling our money. COVID has been the best thing to happen in the markets since the dot-com bust!! Best is that it’s not even over. Large-cap growth markets are so wildly overvalued right now that another 20% drop is inevitable. We have $2.5M in cash for the moment VUG drops to 250 per share. And then we’ll rake in another $1M in gains when it claws its way back to $350. SO GLAD we converted our 401ks to Rollover IRAs in March 2020!!!! Allowed us to invest in so many more options to ride the volatility to massive success. Can’t wait to see where our NW stands when DH and I hit our 40s. [/quote]
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