Cash In Refinance

Cash-in Refinance – 16.5% Cash on Cash Return

Gen Y Finance Guy Financial Analysis, Real Estate 29 Comments

Most of the time when you hear about refinancing it is usually along the lines of locking in a lower rate and/or cashing out during the refinance. You don’t read or hear much about a cash-in refinance and how the returns could really be worth consideration. My wife and I currently find ourselves about 10 years into the 5/1 ARM on our investment condo. It didn’t start out as an investment. Actually, it is an interesting story on how we even became the owners of the condo. My wife’s parents had bought it back in 2005 before the market went off a cliff during the depths of the financial crisis. They paid $257,500 for it and put about $50,000 down. …

Tawcan No TV

[Guest Post] Freedom Fighter Interview #22 – Tawcan

Gen Y Finance Guy Freedom Fighter, Interview 9 Comments

Today we have Tawcan as our guest for Freedom Fighter Interview #22. He is also our second Canadian to be featured on the blog. Can you believe he doesn’t own a TV and has been TV free for 5 years now? He is a photographer and avid dividend investor and is working to reach Financial Independence sometime in his 40’s. Take it away Tawcan… Who are you and what do you do? What is your story? How are you fighting for your Freedom? Where did you start, where in the journey are you, and where do you ultimately want to end up? My name is Tawcan. I live in Vancouver BC Canada with a beautiful and supportive wife that I refer …

2016 Goal Check in #1

Monthly Goal Check-in #1 – @ 2/1/2016

Gen Y Finance Guy Goal Setting 25 Comments

As I write this monthly goal check-in we are officially 32 days into 2016. Most people started the year off strong with their New Years resolutions for 2016. Well, at least the 45% of people who actually set New Years resolutions (US based statistics). The low participation rate isn’t even the worst news, of those 45%, 1 in 3 have already given up by the end of January. This means that 70% of Americans have already failed either by default or giving up. I don’t want you or I to be a part of that 70% group. If you’re reading this, then you’re probably still on track and fired up to reach your goals, I know I am. If you …

January Update

January 2016 – Detailed Financial Report #13 – Net Worth $325,372 [+2.4% for 2016]

Gen Y Finance Guy Monthly Financial Reports 22 Comments

GYFG here checking in for the January monthly financial report. If you have been reading these reports for a while you will notice that I introduce each month with the same intro month after month. I do this for two reasons, a) for the newbies to the site (which make up about 50% of the sites traffic) and b) to remind everyone what these reports are all about. By all means if you have read the intro at least once, then please feel free to skip down to the “Summary of January 2016” section where the new content begins (click the orange link to be taken there automatically). For those of you that are new around this corner of the internet, I …

Start a Blog

How to Launch, Grow, Measure, and Monetize a Blog Vol.1

Gen Y Finance Guy Blogging 17 Comments

This is your first and only warning that this post will be both EPIC in length and in detail. Over the course of the past 12 months I have been able to start, grow, measure, and monetize this very blog. A post like this would had saved me a lot of time and frustration. So today I am going to detail the entire process of creating a blog to ultimately flipping on the monetization switch. I am going to write the post (well really a series) that I wish I had when I launched Gen Y Finance Guy. This comprehensive guide will also act as a standing resource that I can point people too who reach out for my help, and there …

Jade Lizard - Large Profit Range

Using Options to Set Up Huge Profitability Ranges in SPY with Jade Lizard Strategy

Gen Y Finance Guy Investing, Options 6 Comments

Many of you reading this have probably never sold or traded an option in your entire investing tenure. And most probably are still fighting the dogma you have been force fed about options being weapons of mass destruction. Or that options are much more risky than stock. Or that options are purely for speculation and offer huge amounts of leverage. When in fact the original creation of the options market was for that of risk transfer and mitigation. Meaning you can and in my opinion should be using options to reduce your risk in the financial markets. My favorite two strategies for beginners are the short cash secured put and the covered call (link to a guest post I wrote for Financial …