View Post

Calculating Cost of Use – A Simple Solution to the Buy vs. Rent Choice

In New Rules, Real Estate by Gen Y Finance Guy22 Comments

Reading Time: 5 minutesOne of the interesting ways that I have come to look at things is by using the concept of the “Cost of Use.” Today I want to apply this concept to answer the ever controversial question of buying vs. Renting. As you have probably witnessed firsthand, like just about every topic in personal finance there is always a polarized stance …

View Post

The Email That Lead To A $60,000 Increase In Compensation

In Career, Featured, Freedom Fighter, New Rules, The JOB by Gen Y Finance Guy48 Comments

Reading Time: 9 minutesEver since starting this blog I have been doing some deep introspection with regards to my career and my interests. I have spent the majority of my career since graduating college in Corporate Finance. Being the good corporate monkey that I was taught to be, I have done everything to continue and progress my career in Finance. When you pursue …

View Post

Sell Into Strength – Investment Rule #2

In Financial Freedom, Financial Markets, New Rules, Options, Words To Live By by Gen Y Finance Guy6 Comments

Reading Time: 4 minutesOver the course of the coming weeks and months I will be laying out the investment rules that I live and die by. These are rules that I have developed over the last ten years as both a retail and professional investor and trader: Rule # 1: Buy into weakness. Rule #2: Sell into strength. Rule #3: Reduce cost basis. …

View Post

Buy Into Weakness – Investment Rule #1

In Financial Markets, Investing, New Rules, Options, Words To Live By by Gen Y Finance Guy24 Comments

Reading Time: 5 minutesOver the course of the coming weeks and months I will be laying out the investment rules that I live and die by. These are rules that I have developed over the last ten years as both a retail and professional investor and trader: Rule # 1: Buy into weakness. Rule #2: Sell into strength. Rule #3: Reduce cost basis. …

View Post

Momento Mori – Remember Your Mortality

In New Rules, Words To Live By by Gen Y Finance Guy8 Comments

Reading Time: 3 minutesYesterday is history. Tomorrow is a mystery. Today is a gift, that’s why it’s called the present! Last week I shared a post on time, and this week I would like to follow it up with something I started back in late 2011 or early 2012. As a quick reminder, we all get a daily deposit of 86,400 seconds a day to …

View Post

The Financial Truth: There’s a limit to how much you can cut expenses, but there’s no limit on how much you can earn.

In Featured, Financial Freedom, New Rules by Gen Y Finance Guy12 Comments

Reading Time: 6 minutesDo you want more from life? More money? More freedom? More security? More time with friends and family doing the things you love? I don’t know anyone that would say no to these questions. That’s not to say that there aren’t plenty of people out there that are completely content with their lives. Maybe they have all the money, freedom, …

View Post

We Don’t Have Our Parents American Dream

In New Rules by Gen Y Finance Guy3 Comments

Reading Time: 4 minutesThe world is changing. There’s a feeling in the air today, around America and throughout the world, that what people believed about financial security and prosperity is no longer true. A lot has changed in the last [six] years. You have three ways to react to these changes. First, you can stick your head in the sand and hope that everything …

View Post

The Lyft Experiment

In Financial Freedom, Income Streams, New Rules, Share Economy by Gen Y Finance Guy3 Comments

Reading Time: 3 minutesThe best thing about this day and age is there are so many alternative ways to earn money. In a previous post I talked about how I was embracing the “Share Economy,” whereby you basically find a way to earn money with the “excess capacity” in the things you already own. A few posts ago I talked about leveraging the share …