Q3 2016 Portfolio Update

Equity Portfolio Update #4 [+17.1% YTD @ 9-30-16]

Gen Y Finance Guy Investing 4 Comments

We have officially closed out 9 months of the year, thus the need for another peek into the equity portfolio. As many of you know that have been reading for any length of time, every month I put together a very detailed financial report that details out gross income, expenses, net worth, savings rate, and progress on the 7 year 3 month mortgage pay off goal. Since the report already pushes 3,000 – 4,000 words a month, I thought it would be more appropriate to provide details of the equity portfolio in an entirely separate post. Also, I don’t really see the benefit of updating this on a monthly basis, quarterly should be just fine. One of the guiding tenets of this …

Biglaw Investor

[Guest Post] Freedom Fighter Interview #27 – Joshua @ Biglaw Investor

Gen Y Finance Guy Freedom Fighter, Interview 20 Comments

My name is Joshua and I write about investing and financial topics over at The Biglaw Investor. Before I go any further, I’ve looked through all of Gen Y’s previous Financial Freedom interviews to find one with the most comments (current record holder is White Collar Freedom). I want this to be Gen Y’s most commented on interview to date. Competitive? Maybe. In order to get a lot of comments from you, I’ve got an ASK and a PRIZE: THE ASK: This interview series is all about FIGHTING for your financial freedom. Freedom will not be handed to you. So, in the comments, tell us ONE concrete thing you will do after reading this post to get you closer to …

Career Capital

Do the Work, Get the Reward – 8 Years and Many 70-100 Hour Work Weeks – Gets you What?

Gen Y Finance Guy Career 28 Comments

Not many people are willing to put in the kind of time it takes in order to take what appear to be quantum leaps. However, for those that are willing to “do the work,” great reward is there for the taking. In this short post we will explore what is possible in short periods of time with concentrated effort, strategic long hours, and learning a valuable (and marketable) skill set. Remember that most overnight successes are the better part of 10 years in the making. If we assume that the average person works 40 hours per week, then at a very simplistic level we can see how mathematically it could be possible for someone that is motivated and ambitious to …

Weight Loss Challenge

My $1,000 Weight Loss Bet – 11 Weeks to Lose 44 lbs

Gen Y Finance Guy Fitness 12 Comments

The past 18 months have been incredibly busy with signicatly more attention and focus on the trajectory of my career (and thus finances) then on my own health & fitness. Part of the reason that I set a workout goal and nutrition goal was to try to play defense against the carnage to my waistline that was coming. I tend to work in boom and bust like cycles when it comes to my career, and when things are really booming, the buttons on my pants start busting :). Although I have been getting workouts in, they have not been given the intensity they deserve, but more importantly the nutrition side of the equation was way out of wack. It is true when …

Goal Check #9

Monthly Goal Check-in #9 – @ 10/1/2016

Gen Y Finance Guy Goal Setting 6 Comments

We are officially down to the last 3 months of the year. This tends to be a very busy quarter for me on all fronts. With the exception of this year (which has been insane since it started), my busy season at work usually kicks in around mid-October and extends through January for annual business planning. Based on the past 9 months I actually think this year’s busy season is going to feel like a cake walk. You wouldn’t believe how easy a 60 hour week feels after working 80-90 hours a week for months (with the occasional 100 hour week). Seriously, the past few weeks have been confusing, I find myself twittling my thumbs wondering if there is something …

September 2016

September 2016 – Detailed Financial Report #21 – Net Worth $472,664 [+48.8% for 2016 YTD]

Gen Y Finance Guy Monthly Financial Reports 4 Comments

GYFG here checking in for the September 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 September 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 …

Helping Family

Helping Family with Financial Issues

Gen Y Finance Guy General Information 24 Comments

Back in August of last year I published a rant post about co-signing for friends or family on loans. Okay, it was a rant, and going through the details of what went down the time I tried to help my dad out, got me all fired up. By the end of the post I was so angry that I declared it the last time I would ever co-sign for anyone ever again. Can you guess where this is going? Yep, I decided to break my promise, and help my 26 year old brother out. The Back Story My brother totaled his car about two weeks ago. He was driving home from work when his steering locked up and caused him to …