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We often talk about how much we have, how much we want to have, how much we think we ought to have, and so on. We wonder how market conditions will impact our investments, if we'll have enough for college and for retirement. We encourage each other to keep saving and keep investing and let compound interest work its magic.
I've been tracking our portfolio value since we barely had enough money to even use the term portfolio to describe it. I thought it would be neat to post those numbers to illustrate how things grow over time, how corrections happen, life happens, and who knows what else, but in the long run, the money grows and grows and grows if you keep at it. I'm missing 2 figures on the list but that doesn't detract from the point. All but the current year figures are from year end. I'm not posting to brag or boast but to put real numbers to the discussions we have every day. We often talk in averages and percentages but I think looking at actual figures really drives home how slow and steady really does work over the long haul.
1992: $8,195
1993: $24,990 (finished residency and started working)
1994: $32,502 (bought our house)
1995: $59,749 (had our daughter)
1996: $67,615
1997: $87,663
1999: $152,896
2000: $136,426 (out of work for 3 months then took job at lower salary)
2002: $136,270
2003: $211,060
2004: $238,398
2005: $288,301
2006: $361,085
2007: $393,595
2008: $280,208 (market crash)
2009: $395,673 (back to pre-crash level)
2010: $470,000
2011: $491,085
2012: $578,177
2013: $712,968
2014: $782,581
2015: $777,444
2016: $837,202
July 2017: $930,659
In 25 years, we've gone from 4 figures to closing in on 7 figures. Slow and steady. Just keep at it. Keep putting away what you can and watch it grow.
I've been tracking our portfolio value since we barely had enough money to even use the term portfolio to describe it. I thought it would be neat to post those numbers to illustrate how things grow over time, how corrections happen, life happens, and who knows what else, but in the long run, the money grows and grows and grows if you keep at it. I'm missing 2 figures on the list but that doesn't detract from the point. All but the current year figures are from year end. I'm not posting to brag or boast but to put real numbers to the discussions we have every day. We often talk in averages and percentages but I think looking at actual figures really drives home how slow and steady really does work over the long haul.
1992: $8,195
1993: $24,990 (finished residency and started working)
1994: $32,502 (bought our house)
1995: $59,749 (had our daughter)
1996: $67,615
1997: $87,663
1999: $152,896
2000: $136,426 (out of work for 3 months then took job at lower salary)
2002: $136,270
2003: $211,060
2004: $238,398
2005: $288,301
2006: $361,085
2007: $393,595
2008: $280,208 (market crash)
2009: $395,673 (back to pre-crash level)
2010: $470,000
2011: $491,085
2012: $578,177
2013: $712,968
2014: $782,581
2015: $777,444
2016: $837,202
July 2017: $930,659
In 25 years, we've gone from 4 figures to closing in on 7 figures. Slow and steady. Just keep at it. Keep putting away what you can and watch it grow.
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