By The Numbers
Comparison By Age
$100,000
$11,723,282
Comparison By Occupation
$100,000
$21,430,000
Comparison By Education
($62,200)
$9,450,000
Comparison By Salary
($68,988)
$9,002,000

MattsDad63's Profile

Date Joined
6/4/2015
Salary Range
100,000 - 149,999
Occupation
Science & Research
Age Range
55-59
About Me
My professional background is in physics & mechanical engineering, and I have outside interest in the earth sciences, financial markets, economics and politics. I'm also a part-time shade tree mechanic & handyman, as well as a father.
Why I Joined
To get a better feel on how I am doing in comparison to my peers. I would like to learn from others as well as offer advice.
Best Financial Decision
Don't follow the advice of conservative pundits.
Worst Financial Decision
Thinking "It's too big to fail" as a valid reason to overlook fundamentals...
Current Investing Strategy
I believe in building wealth slowly and try to keep a very long term view when I decide to own something. I don't think I've ever traded more than 5 times a year since I began investing in 1988.
How do you manage your finances?
I manage everything myself.
What tools do you use?
I have developed a pretty comprehensive spreadsheet over the years using MS Excel which tracks my accounts and does simple forecasting.
I need financial help with...
How to find the proper balance between equities and fixed income investments in a rising interest rate environment.
Favorite Authors
J.Bogle (Vanguard), W.Buffett, P.Krugman (NY Times), S.Orman and of course my father.
Last Login
5/21/2018
Net Worth Entries
2017 - December $1,775,194 $149,912 $1,625,282
2017 - June $1,625,599 $151,788 $1,473,811
2016 - December $1,470,235 $153,202 $1,317,033
2016 - June $1,454,924 $156,000 $1,298,924
2015 - December $1,362,475 $156,789 $1,205,686
2015 - June $1,412,389 $158,983 $1,253,406
2014 - December $1,338,449 $160,257 $1,178,192
2014 - June $1,315,385 $162,403 $1,152,982
2013 - December $1,254,789 $163,610 $1,091,179
2013 - June $1,130,696 $165,245 $965,451
2012 - December $1,055,795 $166,320 $889,475
2012 - June $979,186 $167,500 $811,686
2011 - December $928,340 $159,608 $768,732
2011 - June $969,865 $160,000 $809,865
2010 - December $898,337 $162,408 $735,929
2010 - June $858,651 $157,000 $701,651
2009 - December $824,100 $165,000 $659,100
2009 - June $782,403 $166,367 $616,036
2008 - December $676,924 $158,000 $518,924
2008 - June $835,774 $159,242 $676,532
2007 - December $802,800 $161,000 $641,800
2007 - June $857,169 $161,688 $695,481
2006 - December $739,500 $163,000 $576,500
2006 - June $744,994 $163,992 $581,002
2005 - December $662,700 $165,000 $497,700
2005 - June $625,185 $166,500 $458,685
2004 - December $612,800 $167,000 $445,800
2004 - June $560,717 $168,000 $392,717
2003 - December $361,300 $0 $361,300
2003 - June $323,713 $0 $323,713