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I'm a Half-a-Millionaire!

April 1st, 2014 at 07:25 am

Just like the famous Horace Vandergelder, today after adding up all my investments, retirement plans, savings, bonds, etc.., (and not including house, car, other physical items) I'm now a "Half-a-Millionaire", at least for a day!. (Ok, for those that are wondering of what I speak... look up Hello Dolly!)

My look at my retirement accounts is encouraging. According to what I read, the various indicies went up 0.5% - 2% for the first quarter of this year. After backing out my contributions to date, my 457 plan went up 3.9%, and my Roth IRA went up 4.7%. As before, am I lucky or smart? Hmmmmmmm.

Expenses are doing well, I just got paid for an other ebay sale (phone bought for $0.50, sold for $23, will probably net $20). I have interest in a classic coffee mug I bought for $1 on Saturday, and am looking to sell for $15, so hopefully that will sell too. Now I just need to list more items for sale, lord knows I have enough.

And after a rediculous cold winter, has spring finally arrived? I sure hope so, I am certainly primed to get out to yard sales. And to plant items in the garden. I have lots of plants growing inside just ready and raring to get outside and get lots of sun.

Things are good (until I try to do my taxes this coming weekend!!!)

14 Responses to “I'm a Half-a-Millionaire!”

  1. creditcardfree Says:

    Congrats on your milestone of half a mil!

  2. Joan.of.the.Arch Says:

    Hey, that's neat. May you have a secure and happy future.

  3. ceejay74 Says:

    Woo hoo! Congratulations!

  4. CB in the City Says:

    Congrats! And I actually knew who Horace Vandergelder was!

  5. Ima saver Says:

    That is great news!! Congratulations!!

  6. FrugalTexan75 Says:

    Congrats!

  7. MonkeyMama Says:

    Congrats!

  8. Tabs Says:

    Congrats! I hope to be like you some day.

  9. snafu Says:

    Should be even better today! DOW 16,539. I'm waiting to read Michael Lewis's latest book Flash Boys, might help you decide whether you're lucky or smart

  10. Single Guy Says:

    I had a discussion with the DF last night about that subject ("Flash Boys"). I pointed out that affects large players (pension funds anyone?) more than us little frys. I try to use that to my advantage - I put in my limit buy (& sell) requests at values that look a little too extreme (+/- 3%-5%) and wait for the volatility caused by that manipulation of the market to help cause stocks to temporarily hit prices I am looking for. So far I have a better than 50% average getting stocks with a discount (or premium) courtesy of these crazy swings.

    Like a lot of things in life, you can either fight (and lose) in these types of situations, or try to use it to your benefit. I'd rather let them do the work for me. Big Grin

  11. terri77 Says:

    I just went to see Helloy Dolly Sunday evening. Congratulations!

  12. Single Guy Says:

    Errr.... that should have read "GF", not "DF". Oh well... can't always type correctly, can we???

  13. FinancialRecovery Says:

    Congratulations ! Smile

  14. EL @ MoneyWatch101 Says:

    That's great news, I think most personal finance professionals have a desire to be financially free one day. I am saving up for that goal, now that you reached 500K how far are you from reaching yours?

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