On March 2021, I crossed $1.5M NW.
At the time of writing this post, My NW is ~$1.53M. I am expecting to pay $50K+ to IRS for income tax next month though! Yikes! :(.
After I crossed my $1M NW mark in July 2020, it took me ~8 months to increase by NW by 50%. The sharp rise was due to (1) Increase in $BTC, $ETH Crypto gains (2) Continuing increase from $TSLA, $SQ stocks.
I started increasing by crypto investment since Oct 2020 as part of my plan to grow to $2M by end of 2022. Since Nov 2020, Crypto has gone up 10x!! which played a huge role in the sudden increase.
With the continuing mass money printing of Fiat currency around the world, I speculate Crypto bull run will continue for another year, so I plan to continue to DCA every month using a small part of paycheck.
The following chart represents my NW growth trajectory:
It feels like we are in the mother of all Bubble! but, time will tell.