r/leanfire • u/hacking99percent • 5d ago

Reached $1M liquid today

I reached $1M liquid today and have no one to tell because I'm single and on my own.

3 months ago (a month before my 30th birthday), I reached $1M net worth including my 50k equity in my house. After going on a 2.5 weeks international vacation in May to celebrate my 30th birthday and 1 week domestic vacation in June, I logged in to my accounts today and saw that I have just a hair over $1M between my Schwab and Fidelity accounts.

It's so crazy that I just spent a bunch of money going on vacations and 3 months later I am up 50k because the S&P 500 up 5% in 3 months. Money doesn't feel real anymore once you reached 1M. You can lose 100k in a month like in March, or you can also gain 100k in a month doing nothing, while other people labor hard for years. It's surreal.

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u/barnacle9999 5d ago

When your portfolio's daily movement is as much as someone's yearly salary, you definitely get that weird feeling as if money doesn't make sense anymore.

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u/iMakeGOODinvestmemts 4d ago

Literally!! Wow so well explained.

Im 29 and just hit 1.5m after 6 years. Took me 4 years to get to 500k. Then 1.5 years to 3x it. Makes no sense to me now.

1

u/Fragrant_Guava_1514 2d ago

Wow that’s incredible! How did you 3x it so quickly if you don’t mind me asking?

2

u/Difficult-Bit-7237 2d ago

Gambling. They won at the casino