JL's journal

[JL13]

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[C40]

Congratulations on the net worth milestone!!

I like how you rated your skills quantitatively.. Like a video game!

Semi-ERE is an interesting concept.. something I've considered but I don't know if I'd want to jump in to (what would be for me) the uncertainty about future earnings. I might think about it more and more as I get ERE work senioritis.

[GandK]

Ok well it's been a minute since I posted. I hit a milestone today - $100,000 in savings, so I thought a celebratory post was in order.

Yes, congratulations!

Prior to passing the $100k milestone I'd heard from multiple people something along the lines of "my wealth really started growing at that point" and "the ball rolls much more quickly once you get to 6 figures." Now I know it's an arbitrary point, and it's all about the growing size of returns, but it was certainly so in our case. It took us about 5 years to get to $100k, but only 2 more years to get to $200k. I hope you can now chart a similar increase in your own wealth-building speed!

Market swings are getting big now - bigger than the money I'm adding from my salary.
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I think I'm going to be very hesitant to draw down anything from my savings, at least for a long time, until it's on the order of 2%. I think the effects are too big. At the same time, I'm not really sweating adding huge numbers to it anymore either.

Scary and freeing all at the same time, isn't it, to see your wealth going up and down like that by itself? It makes me want to move into less volatile investments. It makes my husband want to move in the opposite direction to capitalize on gains.

All of your semi-ERE ideas are great! If you're thinking of Uber driving, and if you live in/near a high income area, consider adding pizza delivery to your list. Rich people order a lot of pizzas and generally tip well.

[Gilberto de Piento]

Congratulations on six figures! I'm really close to the same number so I know how exciting it is.

[JL13]

I like how you rated your skills quantitatively.. Like a video game!

Or kind of like those bio cards on the back of the G.I. Joes and Transformers we got as kids.

[JL13]

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[thrifty++]

Hey exciting that you are about to have a mini ERE sabbatical. I am on the cusp of maybe doing the same. Are you going to return to your vocation afterwards? If you dont mind my asking what's your age?

[JL13]

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[thrifty++]

Awesome thanks for sharing. We are around the same age. I recently turned 34. But I think you are a bit ahead of me in net worth. Im hoping my work can hold my job open as I like my job. For 5 months. Might resign if they dont though. Going to approach to discuss next week. Will enjoy reading your adventure!

[JL13]

Good luck!! I'm sure they'll want you back if you like it there. Where are you headed on your adventure?

[thrifty++]

To Montreal to gain French fluency. Just want to plant myself mainly there. I might take a brief trip to NYC and a brief trip to New Orleans and maybe to the Burning Man festival as I have a few friends from here missioning over.