wideopenspacesParticipantStatus: PhysicianPosts: 907Joined: 01/12/2016
Investment return was -2.5 percent for the year. But networth was up 175k due to realization of market appreciation when we sold our house over the summer. Only 25k of networth increase came from our retirement accounts thanks to the negative return, despite investing a lot more than 25k. Overall I’m pretty happy.fatlittlepigParticipantStatus: PhysicianPosts: 468Joined: 01/26/2017
don’t know, don’t care. info not going to change management
FatlittlepigLithiumParticipantStatus: PhysicianPosts: 986Joined: 02/15/2016
Ignoring the value of the house, which was paid off before the start of the year, I was up about 7%. Meh. International and small/value tilting did not serve me well at all.q-schoolParticipantStatus: PhysicianPosts: 2193Joined: 05/07/2017January 3, 2019 at 1:55 pm MST #178386TimParticipantStatus: AccountantPosts: 1480Joined: 09/18/2018
Your point is well taken. Most here, at least the younger are so focused on the uphill drive that they basically ignore the downhill risks. Can lead to mistaken allocation choices. Alternate sources of income represent additional diversification.
Your friend is simply facing sequence risk. For his sake, hope he can handle at least one or two down years.January 3, 2019 at 1:56 pm MST #178387AMRParticipantStatus: PhysicianPosts: 4Joined: 07/12/2017
2018 Was a great year (all things considered). Retirement accounts hit over 100k for the first time, graduated residency and started a big Boy job. Now maxing out 401(a), governmental 457, 2 Roth IRA’s, and the HSA. Even have some loan repayment help through my employer. Net worth “rose” to a high of -$58,000 by the end of the year which is nice given my multiple 6 figures in loans. Hope to be #backtobroke half way through this year. Living like a resident is easier when you’ve committed to it before seeing the higher paychecks and the current market is easy to stomach when there’s not much in the accounts yet. Oh, and the WCI conference was OK I guess (/s, it was great).ajm184ParticipantStatus: Other ProfessionalPosts: 510Joined: 07/14/2017
NW +1% yoy. Contributions to investments and significant mortgage debt reduction drove the input side. The headwinds were in investment contribution timing throughout year driving average cost upward with the last quarter/month market negative volatility driving investment valuations lower. No changes to AA, annual rebalancing executed yesterday.
Is the tide going out, and who has on their swimsuit?CraigyParticipantStatus: SpousePosts: 1771Joined: 09/16/2016
My strategic decision to begin the year with a very small net worth was absolutely critical.
LEVEL 1 WCI FORUM MEMBER.January 3, 2019 at 3:54 pm MST #178420Liked by Redpops46, Anesthesia84, RocDoc, GXA, wideopenspaces, Dicast, hatton1, PhotonsRGR8, Larry Ragman, MPMD, pulmdoc, CM, okayplayer, Vagabond MD, portlandia, ENT Doc, childay, and 12 othersDicast, hatton1, PhotonsRGR8, Larry Ragman, MPMD, pulmdoc, CM, okayplayer, Vagabond MD, portlandia, ENT Doc, childayCordMcNallyParticipantStatus: PhysicianPosts: 1637Joined: 01/03/2017
It increased about 19% (in strictly investment accounts) for the year thanks to being able to squirrel away money. I haven’t calculated what my investment return is for the year but it’s basically going to mirror what any of the total stock funds did.
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
― Benjamin Graham, The Intelligent InvestorJanuary 3, 2019 at 4:54 pm MST #178435okayplayerParticipantStatus: PhysicianPosts: 76Joined: 05/25/2016
From 111k to 452k, so up 400% I guess. Not because of my investments, which were all down I think.
Obviously early in my career. 2 physician household.LizOBParticipantStatus: PhysicianPosts: 300Joined: 06/05/2017
Up 72k which is about 12% from the start of the year. Would have been more if not for the 4th quarter returns, and paying for a new minivan in cash (I don’t include the value of the cars in net worth)BmacParticipantStatus: PhysicianPosts: 280Joined: 10/21/2017
Down around 800K. Trying not to figure it out. I had assumed it was over a million so I was relieved.Click to expand…
@hatton1 did your net worth really drop $800k from 1/1/2018 to 1/1/2019 or was that the drop from around the time that the market topped out in 2018? Because we have certainly experienced a similar drop from the market highs, but not from start to finish of the 12 month period.hatton1ParticipantStatus: PhysicianPosts: 2777Joined: 01/11/2016
From the top
I blog at http://doctoroffinancemd.com/January 3, 2019 at 6:53 pm MST #178464FirstNobleTruthParticipantStatus: PhysicianPosts: 14Joined: 03/24/2017
-40k -> #backtobroke -> now up to +60k.FireflyParticipantStatus: PhysicianPosts: 41Joined: 07/31/2018
NW up 1195% due to hitting back to broke around the new year last year and massive savings and loan pay off this year. We saved about 75% of take home. Though taxable account that we started this year is down 8% from basis.