You made it! 😊

3Wk

@Timmy2 I can't say exactly, because there was also a house purchase in between (when I sold all my securities). But you can roughly say: 22 years.

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JR7@JR7

3Wk

How does it feel? Still surreal?

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View all 3 further answers

3Wk

@JR7
Surprisingly unspectacular.

I had been working towards this number for years and then there it was. No fireworks, no special moment - rather a deep satisfaction. The real success was not the number itself, but the journey to it and the knowledge that perseverance and patience had paid off.

But as a well-known former soccer goalkeeper used to say: "Keep going, keep going!"

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Marcel@xzxzx

3Wk

@DusselDuck I always find it fascinating when I hear this from "successful" people. It's never when you reach your goal, but how you get there. Congratulations!

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TD@Routine123

3Wk

@DusselDuck to most its always unspectacular. Just another day in office. This made me remember feeling when I changed my 20+ years used car for new six digit sport one. It was more statement to days when I was going ahead with just discipline and vision. Congrats!

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Mike@MaichvomDeich

3Wk

@DusselDuck clean strong 👍

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Metis@Metis

3Wk

@JR7 Probably quite normal, because you work your way up to these sums quite slowly, so it's not really surprising if you were at 800 or 900k shortly before. :D

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Korni@Korni1987

3Wk

@Timmy2 that would be financial freedom with the right dividend stocks

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Julian@MoneyISnotREAL

3Wk

@Korni1987 What do you define as financial freedom? The next question would be if he had the dividend shares, would he already have the 1 million by now?

Even with a 1.5% withdrawal rate for 1 million, it's a decent monthly "additional income". That certainly makes a lot of things possible or gives peace of mind for some things. Consider total net return, not just the dividend (excluding share price).

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Leif P.@LPasslack

3Wk

@DusselDuck 🎊🎆🎉🎇🥳🍾 Glückwunsch!

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Krush82@Krush82

3Wk

Congratulations - when I reach this goal, I'm going to plan to celebrate somehow and treat myself and the family to something nice. Who didn't dream of being able to call themselves a "millionaire" when they were little?

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CaYaRo@CaYaRo

3Wk

@Krush82 whereby inflation will eventually turn us all into millionaires

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Uwe@SchlaubiSchlumpf

3Wk

@CaYaRo only if you get old enough or save enough. With 2% inflation, I would need 500k to retire as I do today.

And that's only if my income increases at a reasonable rate. I would also have to save well for the 500k.

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Tenbagger2024@Tenbagger2024

3Wk

Congratulations my dear. I am extremely happy for you 💝😚

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thomas@opathomas

3Wk

Glückwunsch...🍾

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Rügen W.@SSIT

3Wk

Stark

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3Wk

MEGA, MEGA. MEGA.you can be so proud of that

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Tenbagger2024@Tenbagger2024

3Wk

@Tenbagger2024 😘😘😘😘

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Chris@Chr85

3Wk

Congratulations. Mega 💪😎

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Mhrk@Mhrk

3Wk

Well fucking done 👏🏻

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Denis@DenisVidukic

3Wk

Congratulations 🎈🎉. It certainly feels good 🍾👍. A long way to go, but still packed. Chapeau 🎩

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Jens@Jensationell

3Wk

Top.
Gratulation!

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Homer@Simpson

3Wk

Congratulations, nice number 💪😁 I've done half so far 😁

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Boss Of My Time@BOMT

3Wk

Congratulations 🎉

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Trade4future@Trade4future

3Wk

Glückwunsch

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Stefan@Nimbuna

3Wk

Glückwunsch 🙌🏻

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STFU Capital 闭嘴@STFUCapital

2Wk

Congratulations 🤝😁

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Mr. K.@MrKobayashi

2Wk

They say the first one is the hardest.

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3Wk

I'm always amazed that people don't even take 2 minutes to type a few words for a brand like this 😅

Congratulations 💪🏼💪🏼
Very cool brand!

Is that all-in or just capital market assets?

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Global I.@gloinvest

3Wk

@Wealth-Accelerator I can tell you in my own case. The emotional idea of achieving a 7-digit rating and the real experience have nothing to do with each other. At least for me. It's not the feeling of "done". At that moment, the 2 million light bulb immediately went on in my head - and so it feels exactly the same as before. What's more, you're never satisfied with the path you've taken - you're still somehow always tinkering with the strategy. It doesn't become an autopilot.

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3Wk

@gloinvest I see it the same way.
Nevertheless, I think it's particularly nice for the community to read a bit about how you got there. Because it's not as normal for the community as it is for the person who arrives there.
And most people are certainly happy to be inspired.

But simply posting a screenshot doesn't change the experience for you, nor does it create any great added value for the community. At least if you haven't been able to visibly follow a member's journey over the last few months and years.

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3Wk

@Wealth-Accelerator I've actually been with GG since 2023. Admittedly, I haven't been active for a long time.

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H. F.@Sterntulpe

3Wk

Congratulations, strong performance!

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3Wk

@DusselDuck I have at least one indication in your bio that you've been around for a very long time. No offense meant at all. I'm very happy for you 👍🏼

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2Wk

@Wealth-Accelerator It's true that a community thrives on as much information and detail as possible. However, you should also understand that not every forum member may want to get naked in every situation. That's not part of the compulsory program here, what do you think? The supposed anonymity on the web is often very tempting.

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2Wk

@MozartsGeist
Everything is fine.
When I wrote, there wasn't even a thank you under the screenshot.

I think anonymity is an incredibly important asset in this forum! Nevertheless, I think you can provide a few hints that help the community even if you keep your identity. I was just questioning what added value a post like this provides.

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3Wk

I have one more question, dear. How did you finance the house purchase? Cash or credit? I'm planning to do the same. I would be delighted if you could help me with some information 💓
Thank you very much in advance

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3Wk

@Aminmeskini 20% equity and 80% loan.
I was then able to shorten the loan term considerably with annual unscheduled repayments.

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Krush82@Krush82

3Wk

@Aminmeskini I would probably rather cut off my left arm than take a 6-digit sum out of my securities account if it were to be close to zero again :-)

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3Wk

@DusselDuck does it make more sense than paying the full amount directly?

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3Wk

@Krush82 I know, it's already extremely difficult for me 😔

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3Wk

@Aminmeskini I would never liquidate/sell an entire portfolio in order to finance a property.

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CaYaRo@CaYaRo

3Wk

@Krush82 depends on which properties are involved and what the interest rate situation is at the time of the house purchase/construction

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3Wk

@DusselDuck Thank you very much for your reply 💘

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2Wk

@Aminmeskini When financing real estate, the highest possible equity ratio is the top priority. Whether and for whom a property makes sense is again an individual question. Does a "nasty couple" need their own house? Possibly not in every case. Does it make sense for a family with children, I think so!

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2Wk

@MozartsGeist We are married and have four children. I think it makes a lot of sense for us. I will continue to save diligently and hopefully buy a house in a few years, God willing 🙏

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2Wk

@Aminmeskini This is completely understandable for me and, from my point of view, a desirable added value for a family.

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Arabov@Arabov

3Wk

Is it possible to achieve with 1k usd invest a month 🫠?
Congrats🚀

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Finanzaristokrat@Finanzaristokrat

3Wk

@Arabov That depends on how many years you have. But usually: yes!

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CaYaRo@CaYaRo

3Wk

@Arabov of course;
a monthly saving of € 1,000 based on an estimated average index return of 7.16% p.a., results in a final sum of € 1,026,566.55 after appr. 28 years

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Walter S.@Roots

3Wk

Krass.
Glückwunsch.

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3Wk

What was achieved?

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GurkiHDx@GurkiHDx

3Wk

@Finanzaristokrat Obviously the million ne

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fund_commander_2873@fund_commander_2873

3Wk

Let's go! My goal for the middle 30💪🏻

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GurkiHDx@GurkiHDx

3Wk

May I ask how many years ago you reached this milestone and approximately how high your savings rate was?

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Kuba@Kubix

3Wk

Congratulations 👏

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LzMoves@LzMoves

3Wk

Congrats bro! 🎉

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stocker_2245@stocker_2245

3Wk

Starting with how many money more or less and at what age?

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Mr_goldrush@Mr_goldrush

3Wk

Congrats ducky 😁

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Herumarq@Hahajjk

3Wk

Congratulations my dear. I hope that I will also see this number at the age of 52. Top.

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