Genuine11 Posted December 18, 2023 Report Posted December 18, 2023 14 hours ago, Konebhar6 said: Did a google search and did not understand anything. Can you elaborate more? usually there is a criteria to become an accredited investor - mostly it’s based on income either you need to have more than $200K ($300K collectively for both you and spouse) for two years or $1 million aasets apart from your personal home). You will be eligible for more risky opportunities and more returns as accredited investor to invest and take chance. I was looking for some help to start with and play around I have diversified my savings, now trying to explore this one too Quote
Konebhar6 Posted December 18, 2023 Report Posted December 18, 2023 8 minutes ago, Genuine11 said: usually there is a criteria to become an accredited investor - mostly it’s based on income either you need to have more than $200K ($300K collectively for both you and spouse) for two years or $1 million aasets apart from your personal home). You will be eligible for more risky opportunities and more returns as accredited investor to invest and take chance. I was looking for some help to start with and play around I have diversified my savings, now trying to explore this one too I understood the criteria from google search ... But did not understand what it means...what opportunities are available? Diversifying is a good option. Looks for opportunities which you can manage well within your means and time. If its OK, can you Share how you diversified your savings. Quote
Genuine11 Posted December 19, 2023 Report Posted December 19, 2023 3 hours ago, Konebhar6 said: I understood the criteria from google search ... But did not understand what it means...what opportunities are available? Diversifying is a good option. Looks for opportunities which you can manage well within your means and time. If its OK, can you Share how you diversified your savings. Usually as accredited investor you can invest into crowdfunding, real estate syndication etc.. where you need minimum investment amount I diversified into below within my limits rental income, stocks, CD’s, 401K, cleared all debts 1 Quote
kathiramdasu Posted December 19, 2023 Report Posted December 19, 2023 This is one of my professor's 25 years of savings, with a net worth of 5.8 million dollars. I have seen with my own eyes to confirm His total contribution was only 1.43 million. This is the lifetime contribution from both husband and wife. Current Net Worth (1/1/2022): $5,803,916.99 With No Debt (A $5.4 Million increase in 25 years.) Savings Milestones: Retirement (Target) Retirement 12/4/2006 $1,058,287 (First Time) 8/31/2009 $1,022,969 (Second Time) 9/18/2013 $2,004,907 7/26/2017 $3,002,699 8/24/2020 $4,012,503 Retirement Portfolio Earnings 1/6/2021 to 1/8/2021 $49,608.01 Year Contribution Growth Return Year End 1983 4,000 128 3.20% 4,128 1984 4,000 172 4.30% 8,300 1985 4,000 144 3.60% 12,444 1986 4,000 76 1.90% 16,520 1987 4,000 144 3.60% 20,664 1988 4,000 164 4.10% 24,828 1989 11,635 717 2.20% 37,180 Year Contribution Growth Return Year End 1990 12,889 967 1.26% 51,036 1991 18,276 11,767 18.81% 81,079 1992 11,487 6,630 7.63% 99,196 1993 13,088 17,521 16.58% 129,805 1994 13,289 -1,039 -0.01% 142,055 1995 14,990 38,426 25.85% 195,471 1996 15,445 31,431 15.46% 242,347 1997 16,816 41,139 16.42% 300,302 1998 35,068 71,895 22.91% 407,265 1999 26,157 77,583 20.10% 511,005 Year Contribution Growth Return Year End 2000 24,350 -29,552 -5.60% 505,803 2001 27,328 -43,774 -8.41% 489,357 2002 40,024 -69,822 -13.77% 459,559 2003 46,027 109,017 22.41% 614,603 2004 43,629 79,692 12.52% 737,924 2005 45,579 47,436 6.18% 830,939 2006 49,191 127,374 14.92% 1,007,504 2007 49,717 47,422 4.63% 1,104,643 Year Contribution Growth Return Year End 2008 54,289 -276,909 -24.40% 882,023 2009 55,471 176,818 19.50% 1,114,312 2010 77,349 162,803 14.20% 1,354,464 2011 68,847 28,100 2.10% 1,451,411 2012 70,061 188,787 12.60% 1,710,259 2013 70,350 337,633 12.60% 2,118,242 2014 73,959 165,932 7.30% 2,358,133 Year Contribution Growth Return Year End 2015 76,443 -8,584 -0.40% 2,425,992 2016 76,705 198,606 8.80% 2,701,303 2017 77,914 420,678 18.20% 3,199,895 2018 78,806 -151,734 -4.80% 3,126,967 2019 61,405 618,948 19.50% 3,807,320 2020 24,748 536,429 14.20% 4,368,497 2021 26,164 531,920 12.18% 4,914,581 Total 1,431,497 (contributions) 1 Quote
enigmatic Posted December 19, 2023 Report Posted December 19, 2023 idanni kadu 5 yrs lo 10k ni 1m chese tips vunte cheppandi Quote
dasari4kntr Posted December 19, 2023 Author Report Posted December 19, 2023 18 minutes ago, kathiramdasu said: This is one of my professor's 25 years of savings, with a net worth of 5.8 million dollars. I have seen with my own eyes to confirm His total contribution was only 1.43 million. This is the lifetime contribution from both husband and wife. Current Net Worth (1/1/2022): $5,803,916.99 With No Debt (A $5.4 Million increase in 25 years.) Savings Milestones: Retirement (Target) Retirement 12/4/2006 $1,058,287 (First Time) 8/31/2009 $1,022,969 (Second Time) 9/18/2013 $2,004,907 7/26/2017 $3,002,699 8/24/2020 $4,012,503 Retirement Portfolio Earnings 1/6/2021 to 1/8/2021 $49,608.01 Year Contribution Growth Return Year End 1983 4,000 128 3.20% 4,128 1984 4,000 172 4.30% 8,300 1985 4,000 144 3.60% 12,444 1986 4,000 76 1.90% 16,520 1987 4,000 144 3.60% 20,664 1988 4,000 164 4.10% 24,828 1989 11,635 717 2.20% 37,180 Year Contribution Growth Return Year End 1990 12,889 967 1.26% 51,036 1991 18,276 11,767 18.81% 81,079 1992 11,487 6,630 7.63% 99,196 1993 13,088 17,521 16.58% 129,805 1994 13,289 -1,039 -0.01% 142,055 1995 14,990 38,426 25.85% 195,471 1996 15,445 31,431 15.46% 242,347 1997 16,816 41,139 16.42% 300,302 1998 35,068 71,895 22.91% 407,265 1999 26,157 77,583 20.10% 511,005 Year Contribution Growth Return Year End 2000 24,350 -29,552 -5.60% 505,803 2001 27,328 -43,774 -8.41% 489,357 2002 40,024 -69,822 -13.77% 459,559 2003 46,027 109,017 22.41% 614,603 2004 43,629 79,692 12.52% 737,924 2005 45,579 47,436 6.18% 830,939 2006 49,191 127,374 14.92% 1,007,504 2007 49,717 47,422 4.63% 1,104,643 Year Contribution Growth Return Year End 2008 54,289 -276,909 -24.40% 882,023 2009 55,471 176,818 19.50% 1,114,312 2010 77,349 162,803 14.20% 1,354,464 2011 68,847 28,100 2.10% 1,451,411 2012 70,061 188,787 12.60% 1,710,259 2013 70,350 337,633 12.60% 2,118,242 2014 73,959 165,932 7.30% 2,358,133 Year Contribution Growth Return Year End 2015 76,443 -8,584 -0.40% 2,425,992 2016 76,705 198,606 8.80% 2,701,303 2017 77,914 420,678 18.20% 3,199,895 2018 78,806 -151,734 -4.80% 3,126,967 2019 61,405 618,948 19.50% 3,807,320 2020 24,748 536,429 14.20% 4,368,497 2021 26,164 531,920 12.18% 4,914,581 Total 1,431,497 (contributions) power of compounding… Quote
Konebhar6 Posted December 19, 2023 Report Posted December 19, 2023 2 hours ago, Genuine11 said: Usually as accredited investor you can invest into crowdfunding, real estate syndication etc.. where you need minimum investment amount I diversified into below within my limits rental income, stocks, CD’s, 401K, cleared all debts Good to know. Thanks for sharing Quote
dasari4kntr Posted December 19, 2023 Author Report Posted December 19, 2023 another example of compounding... Quote
Popular Post dasari4kntr Posted December 19, 2023 Author Popular Post Report Posted December 19, 2023 1 2 Quote
Konebhar6 Posted December 19, 2023 Report Posted December 19, 2023 1 hour ago, enigmatic said: idanni kadu 5 yrs lo 10k ni 1m chese tips vunte cheppandi Its quiet possible. Look at the current stocks and pick 1-2 stocks which you think might multiple in future. SNOW (Snowflake) comes to mind. It has potential. AI Space also some stock will pop up. So look at current companies and may be invest in 4-5 stocks that has potential. Quote
Vaaaampire Posted December 19, 2023 Report Posted December 19, 2023 Ee charts avi anni choosinanni rojulu m kudisipoya. Now i am going through all this. Picking few stocks and following them. Quote
jefferson1 Posted July 1 Report Posted July 1 On 12/18/2023 at 7:46 PM, kathiramdasu said: This is one of my professor's 25 years of savings, with a net worth of 5.8 million dollars. I have seen with my own eyes to confirm His total contribution was only 1.43 million. This is the lifetime contribution from both husband and wife. Current Net Worth (1/1/2022): $5,803,916.99 With No Debt (A $5.4 Million increase in 25 years.) Savings Milestones: Retirement (Target) Retirement 12/4/2006 $1,058,287 (First Time) 8/31/2009 $1,022,969 (Second Time) 9/18/2013 $2,004,907 7/26/2017 $3,002,699 8/24/2020 $4,012,503 Retirement Portfolio Earnings 1/6/2021 to 1/8/2021 $49,608.01 Year Contribution Growth Return Year End 1983 4,000 128 3.20% 4,128 1984 4,000 172 4.30% 8,300 1985 4,000 144 3.60% 12,444 1986 4,000 76 1.90% 16,520 1987 4,000 144 3.60% 20,664 1988 4,000 164 4.10% 24,828 1989 11,635 717 2.20% 37,180 Year Contribution Growth Return Year End 1990 12,889 967 1.26% 51,036 1991 18,276 11,767 18.81% 81,079 1992 11,487 6,630 7.63% 99,196 1993 13,088 17,521 16.58% 129,805 1994 13,289 -1,039 -0.01% 142,055 1995 14,990 38,426 25.85% 195,471 1996 15,445 31,431 15.46% 242,347 1997 16,816 41,139 16.42% 300,302 1998 35,068 71,895 22.91% 407,265 1999 26,157 77,583 20.10% 511,005 Year Contribution Growth Return Year End 2000 24,350 -29,552 -5.60% 505,803 2001 27,328 -43,774 -8.41% 489,357 2002 40,024 -69,822 -13.77% 459,559 2003 46,027 109,017 22.41% 614,603 2004 43,629 79,692 12.52% 737,924 2005 45,579 47,436 6.18% 830,939 2006 49,191 127,374 14.92% 1,007,504 2007 49,717 47,422 4.63% 1,104,643 Year Contribution Growth Return Year End 2008 54,289 -276,909 -24.40% 882,023 2009 55,471 176,818 19.50% 1,114,312 2010 77,349 162,803 14.20% 1,354,464 2011 68,847 28,100 2.10% 1,451,411 2012 70,061 188,787 12.60% 1,710,259 2013 70,350 337,633 12.60% 2,118,242 2014 73,959 165,932 7.30% 2,358,133 Year Contribution Growth Return Year End 2015 76,443 -8,584 -0.40% 2,425,992 2016 76,705 198,606 8.80% 2,701,303 2017 77,914 420,678 18.20% 3,199,895 2018 78,806 -151,734 -4.80% 3,126,967 2019 61,405 618,948 19.50% 3,807,320 2020 24,748 536,429 14.20% 4,368,497 2021 26,164 531,920 12.18% 4,914,581 Total 1,431,497 (contributions) Is this 401K or somewhere else? Quote
kathiramdasu Posted July 2 Report Posted July 2 4 hours ago, jefferson1 said: Is this 401K or somewhere else? It is 401K 1 Quote
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