Comments on: Net Worth Report #6 – “Half a Dozen!” https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/ Money | Minimalism | Mohawks Mon, 12 Apr 2021 22:44:31 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Gladys on Ayres https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-323207 Sun, 04 Apr 2021 12:03:37 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-323207 Small cap value index fund? I think I just felt my #*$& move!

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321998 Mon, 08 Mar 2021 14:50:57 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321998 In reply to Success Triangles.

I can’t wait to play this game with my kids! A friend of mine did this a while back, with a little twist… every second Sunday they needed to *donate* an item, instead of selling it. Watching kids part with their toys and get nothing in return is sad, but boy does it teach them how to give :)

Would love to hear how much you end up making when the month is up!

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By: Success Triangles https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321972 Sun, 07 Mar 2021 15:26:44 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321972 Our family started a challenge this month where each family member has to find one thing (every day) to either donate, sell, or trash. My son is thirteen and is making money selling toys he no longer wants – watching the light go on for him when the cash comes in is funny. He’s now trying to sell almost everything he owns to raise money for a gaming PC. It’s two lessons in one; 1) we have way more than we need; and 2) it’s better to save cash for the things you really want. ;-)

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321819 Fri, 05 Mar 2021 20:57:38 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321819 In reply to Impersonal Finances.

Cheers IF! Have an awesome weekend my friend!

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By: Impersonal Finances https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321818 Fri, 05 Mar 2021 19:46:51 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321818 Awesome stuff–love that you’ve taken the net worth baton and ran with it! And I especially love the wine stain on the table skirt! Looking forward to hearing more about this private real estate partnership.

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321793 Fri, 05 Mar 2021 14:15:03 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321793 In reply to Adam.

I think the trick to eBay is good research. Before I list anything, I search around to see the approx $ that something might sell for. That’s how I gauge how much time I should put in, and how thorough I should be creating the listing. For stuff I just want out of the house, it’s timing that matters more than money. I’ll take $40 right now vs. $60 and have it sit for 2 weeks. I just want stuff gone. BUT, for these fancy figurines and collectables, it’s probably worth taking your time to get good photos, good lighting, and researching similar listings to see what you can expect.

That’s AWESOME about your savings rate and after-tax brokerage. It’s great to know you have access before official retirement age and can leave the taxed advantaged stuff sit longer.

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321791 Fri, 05 Mar 2021 14:00:31 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321791 In reply to The Millennial Money Woman.

Happy Friday Fiona! Well, I’d like to take credit, but the truth is it’s our investments that are carrying us higher each month. We might contribute a couple thousand personally each month, but the biggest growth comes from existing assets :)

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By: Adam https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321790 Fri, 05 Mar 2021 14:00:10 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321790 Big moves — congratulations on the opportunity! Got any tips for eBaying junk? My mom had quite the collection of random never-seen-the-light-of-day crap when she died, and dad has spent the last five years trying to make it go away…

After realizing we may well have over-funded our tax-advantaged savings, we throttled that back and started pumping money two weeks ago into a brokerage account. If we can maintain our savings rate from the last month or two, that’ll be a nice cushion to draw down from age 48ish to 59.5. It’s been crummy watching ESGV plummet over that span; good thing we won’t need it for at least half a dozen years.

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321789 Fri, 05 Mar 2021 13:58:16 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321789 In reply to Tracy.

CONGRATS!!!! Tracking pays off :) Have a great weekend Tracy!

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By: Joel https://eliteedgemoney.com/net-worth-report-6-half-a-dozen/#comment-321788 Fri, 05 Mar 2021 13:56:06 +0000 https://staging.eliteedgemoney.com/?p=63744#comment-321788 In reply to Megan Garcia.

Yep, we are happy renters!

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