How did you guys get such high growth in 2018? I was pretty much flat after the market had negative returns for the year.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:According to Mint, my net worth in 2014 was $348K and my net worth today is $1.17M

I just did the break out because I was curious:

2014 - 31%
2015 - 21%
2016 - 38%
2017 - 26%
2018 - 22%

Savings and investment gains combined?

Yes - this includes both.

This is OP...

2011>-1%
2012>14%
2013>7%
2014>16%
2015>12%
2016>9%
2017>12%
2018>19%

Anonymous wrote:

Anonymous wrote:According to Mint, my net worth in 2014 was $348K and my net worth today is $1.17M

I just did the break out because I was curious:

2014 - 31%
2015 - 21%
2016 - 38%
2017 - 26%
2018 - 22%

Savings and investment gains combined?

We went from negative when my husband graduated from law school in 2010 (more student loans than 401K balances) to almost $2M today in 9 years. I didn't track net worth until it was positive starting in 2013, but it looks like this:

2014 - +83%
2015 - +9%
2016 - +19%
2017 - +29%
2018 - +19%

That's a lot of savings (and debt payoff) from two high incomes, plus investment gains.

Anonymous wrote:According to Mint, my net worth in 2014 was $348K and my net worth today is $1.17M

I just did the break out because I was curious:

2014 - 31%
2015 - 21%
2016 - 38%
2017 - 26%
2018 - 22%

Net worth x4 in 10 years.

We work we save we invest

Just started keeping track. 2018 from 2017 +6.8%

Anonymous wrote:2008: -17%
2009: +58%
2010: +28%
2011: +7%
2012: +35%
2013: +41%
2014: +22%
2015: +11%
2016: +10%
2017: +17%
2018: -5%

Some of the changes reflect investment gains, some reflect household changes/increased expenses. As of 2015, we essentially have all that we need so not that interested in accumulating more and I'm not planning to retire for at least 15 more years (like my job, want the health insurance). Also these numbers include college savings for two kids (just grabbed them off our excel sheet, so that will produce a touch of downward force for 8 years). Our college savings represent about 10% of our total net worth.

That's awesome! Congrats.

2008: -17%
2009: +58%
2010: +28%
2011: +7%
2012: +35%
2013: +41%
2014: +22%
2015: +11%
2016: +10%
2017: +17%
2018: -5%

Some of the changes reflect investment gains, some reflect household changes/increased expenses. As of 2015, we essentially have all that we need so not that interested in accumulating more and I'm not planning to retire for at least 15 more years (like my job, want the health insurance). Also these numbers include college savings for two kids (just grabbed them off our excel sheet, so that will produce a touch of downward force for 8 years). Our college savings represent about 10% of our total net worth.

According to Mint, my net worth in 2014 was $348K and my net worth today is $1.17M

Anonymous wrote:My net worth increases cause I make more than I spend

Yes, of course. but let's say you have $1M net worth and you save $20K and the market was level. That's 2%. You can spend more than you make, but, if the market is doing well, you can better. So it's a combination. I guess my thoughts are...everyone likes to talk about how much they make or save, but isn't the true reality...how much is your net worth going up?

My net worth increases cause I make more than I spend

If you only look at it year to year you will drive yourself nuts. If over a five year period (pick any five years) you achieve an annual average return of 6-8% you are doing fine with a diversified portfolio.

For all of you who track net worth from year to year, can you provide some numbers on how your net worth has increased over the years? For example, from 2010 to 2011, what % increase did you have in net worth? from 2011-2012? from 2012-2013? etc? I find that this number very interesting because if you make a ton and spend a ton, your net worth isn't moving unless the stock market is carrying you for example. Anyway, if you can provide the % and the years, I'd appreciate it. So if your net worth on 1/1/18 was $100K and on 1/1/2019 it was $125K, divide $125K by $100K and you get 1.25, so your increase is 25%....as an example. Thank you. If you it the lottery or got an inheritance or something like that, try not to include it.