[Andrey]

I started off 2022 by hitting 2M in networth at the age of 38. In 2022, the SP500 went down nearly 20 percent.  I don’t have the exact data, but I remember seeing my networth dip down to about 1.7M, even though I was heavily investing every month. It wasn’t pretty, and even though you know better, you’re always tempted to stop the bleeding somehow by pulling money out. I’m glad I stuck with it and kept investing, maxing out every account that was available to me. The market has bounced back nicely. Today, just over 2.5 years later, I crossed 2.7M in networth and with a little luck on my side, will see 3M before too long.

This topic isn’t to brag (well maybe a little) but to give you another reminder, markets will go up and down. The last couple of years have been great. It may or may not continue, but keep investing through it all and don’t let your emotions get the best of you. This is a long game and time is on your side.

The graph included only goes to Aug 2022 (even though it says 5 years, I don’t have the data prior to that).

• This topic was modified 4 months, 1 week ago by .

[Dave]

When did you notice compound interest working for you? Markets hit lows in mid 2022, so you probably hit your milestone faster than your post indicates.

[Michelle]

I’m here for this! Thank you for sharing this with us. It’s a beautiful source of inspiration. You should be SO proud of yourself! Takes discipline and patience!

[Andrew]

I see many of these topic daily the past week/month. You’re obviously doing very well and, because of the sheer number of posts, it’s a reminder that the market is overbought and everyone will be humbled pretty soon, me included. I’m holding.

Good job hanging in there even on downtrends. S&P will always come back strong. Keep up the good work!

[Marcus]

Nothing wrong with a humble brag. Congrats, next stop 3 million aka the true millionaire.

[Christopher]

You’ll have 5.4mil by 47yrs old without putting anymore in and averaging 10%.

[Peg]

Investing massively during the 2020 selloff and next few years was the best thing I ever did. Yes you are correct. You want to pull it all and run and hide but we didn;t and now we are reaping the rewards. Congrats..

[Author]

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