Reply to Is anyone NOT a 401k millionaire?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. I can’t imagine what it must feel like to be 40, 50, or even 60 years old and to have less than 7 figures saved up for retirement. DH and I are sporting close to $2.5M at 29 years old and we estimate we’ll have about $15M by the time we’re both 40 and be ready for FIRE. Figured this was just normal based on cars people drive, vacations people take, and houses people have compared to us. Guess most boomers are just posers keeping up with the Jones’s. [/quote]

I could believe someone has a million saved in their late twenties, but not in a 401k. Absolute BS. Liar. Not possible. [/quote]

Not OP, but I had $55K in a 401k at the end of 2019. Moved it to a Rollover IRA with Fidelity when I changed jobs. I kept contributing to my new 401k (crummy options) but invested my $55K in TSLA. Figured, why not? It is now worth $860K. My current 401k has about five years of contributions in it and a balance of $150K. I am starting a new job next month and will consolidate everything into my new 401k with Fidelity. So then I’ll have $1.1M saved for retirement in a 401k. I’m only 30. Doesn’t seem that far fetched from my vantage point. [/quote]

1.1 million in investments and 860k of it is in TSLA.  I hope this is a joke.  [/quote]

Actually, we had $860K in TSLA on December 12. Now, we have $958K…on December 16!!!! Only two full working days later.

Doubt any of the DCUM losers on this thread are knocking out $50K per day in stock market gains. PP, are you $100K wealthier since last Thursday, just on passive income alone?!?!?

Keep it up, though, folks. It’s sheep like you that empower my glorious returns! [/quote]
Stop it. Ocourse we have Tesla, mstr, and bitcoin and have since 2023. Most of it in Roths.
I would never do etfs as I can make my own. I also wouldn't kill my money in a house or 401k. And yes, the ups and downs can be hundreds of thousands a day. Not a big deal. 
Get in early and get in hard.
Getting out in 2025 with some and then back in 2026/27.[/quote]

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