Comments on: Quarterly Net Worth Update: Q4 2021 https://modernfimily.com/quarterly-net-worth-update-q4-2021/?utm_source=rss&utm_medium=rss&utm_campaign=quarterly-net-worth-update-q4-2021 Helping other families and individuals reach financially Independence Thu, 05 May 2022 13:07:00 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-4187 Thu, 05 May 2022 13:07:00 +0000 https://modernfimily.com/?p=3895#comment-4187 In reply to Nomadic Samuel.

You’re welcome Samuel! No we haven’t considered those alternatives – we are plain Jane boring index investors.

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By: Nomadic Samuel https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-4155 Mon, 02 May 2022 22:58:14 +0000 https://modernfimily.com/?p=3895#comment-4155 Thanks for sharing this amazing update! So detailed and comprehensive. Have you ever considered alternative investments like managed-futures or gold as an alternative sleeve in your portfolio?

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3529 Thu, 20 Jan 2022 15:48:38 +0000 https://modernfimily.com/?p=3895#comment-3529 In reply to Bob Wen.

Thank you Bob for always writing such wonderful comments. I think this was my favourite comment to read on our blog so far.

It sure is crazy how quickly time passes.

It’s very true – we are in an incredibly rare position and do not want to “waste” it. It’s such a crazy amazing feeling to be able to free dream about all the possibilities out there.

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3528 Thu, 20 Jan 2022 14:17:24 +0000 https://modernfimily.com/?p=3895#comment-3528 In reply to Chrissy @ Eat Sleep Breathe FI.

Thank you friend! Yes, this sure has been a good 6 months to test things out. Thankfully we aren’t having to dip too much into our cash reserve thanks to CCB and EI andddd the markets took off to add extra padding.

And yes, next update will include moving forward with the informal trusts 🙂 And of course, you truly did create the best post on informal trusts out there and everyone should know about it!

Cheers to a 2022 filled with happiness!

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By: Bob Wen https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3508 Mon, 17 Jan 2022 16:40:57 +0000 https://modernfimily.com/?p=3895#comment-3508 An amazing Q4, well done! For both you and Nic to be in a position to consider alternative schooling options is fantastic. Even if the kids do follow the mainstream path, because of your FIRE status, you’ll both be around to enhance their education and participate fully in their development.

Since January 1st, we’ve been going through the stuff left by our son, following his recent move to the west coast, and it’s a little sad as I flip though his schoolwork from age 5 to 30, and discover the many things I’d missed because I was “present” (in the distracted by work sense). I do wish I’d been able to engage more with our three kids. I didn’t pause enough to enjoy or absorb the moments, which have all now passed. I’m so glad that we have videos and photos for many of those moments. I just wish I had better recollections and connection to the other moments. Your FIRE journey has put you, Nic, and your kiddos in the wonderful and rare position of being able to witness, absorb and fully enjoy one another. Can life really get much better than this? I don’t think so.

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By: Chrissy @ Eat Sleep Breathe FI https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3463 Thu, 13 Jan 2022 04:12:06 +0000 https://modernfimily.com/?p=3895#comment-3463 It has absolutely been a wild ride in the markets. 2021 was craaaazy! Even crazier was your overall net worth after 6 months of parental leave. It’s mind-blowing and a testament to the power of FI. Go you and Nic! Nice work on all that you’ve accomplished!

I’m excited to hear that you’ll soon be opening informal trusts for your kids. (You know I love these accounts… and I’m sure your lids will also love them one day!) Thanks so much for the mention, BTW!

I’m excited to see where 2022 takes you, my friend!

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3439 Tue, 11 Jan 2022 00:03:23 +0000 https://modernfimily.com/?p=3895#comment-3439 In reply to Cass.

Thanks Cass! I’m shocked after these first 6 months to see the numbers soar. It’s pretty fun having a new topic to deep dive into 🙂

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3438 Tue, 11 Jan 2022 00:02:23 +0000 https://modernfimily.com/?p=3895#comment-3438 In reply to Karen.

You’re welcome Karen! I’m a numbers nerd so not having numbers just seems strange to me haha. I also think we need to be more open and honest with our numbers so people don’t feel like money is a taboo subject.

Aw thank you so much, that made my day. We are trying to raise them true to our values 🙂

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3437 Tue, 11 Jan 2022 00:01:01 +0000 https://modernfimily.com/?p=3895#comment-3437 In reply to Brian.

Hey Brian! Great to see you here and thanks for reaching out. I did get your email as well and will get back to you shortly over there! Cheers!

Court

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By: Court and Nic https://modernfimily.com/quarterly-net-worth-update-q4-2021/#comment-3436 Tue, 11 Jan 2022 00:00:16 +0000 https://modernfimily.com/?p=3895#comment-3436 ]]> In reply to Mrs B @ TheFireJourney.

Thanks Mrs. B – yea it’s honestly mind boggling when we think about it! And yea, it’s crazy how generous EI + CCB are when you’re used to a low spend lifestyle. We understand how lifestyle creep impacts the majority of parents taking time off and couldn’t fathom not having to dip into some sort of emergency fund. But yea it’s crazy, if we took our RESP and travel it would nearly cover everything else. Second generation FI here we come ❤️

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