Quote:
Originally Posted by NemesisX
Quote:
Originally Posted by corn18
Dang, first time I've seen this on my portfolio (had a lot of stock options jump into the money today):
 |
Very nice! That’s a huge accomplishment tbat should be applauded. You can technically call yourself a “multi”-millionaire now in the strictest sense of the word.
I believe $2M in liquid net worth should put you in the top 3-5% of all Americans which is amazing.
One cannot overstate how important financial security/independence feels. $2M for most can fund a healthy upper middle class lifestyle in perpetuity while still leaving the entire principal intact.
Any thoughts on rewarding yourself with anything since you’ve reached that milestone? |
It's nice, but if that's unrealized (not sure how that 2m is structured from that screenshot), then he's left with a nice tax liability once realized
So after tax 1.3(4)m or whatever it'll be may may seem like alot, but if you ask him he'll probably tell you it's really not a ton of money for this day and age (also depends on your age, debt owed, etc etc...).