Performance vs. S&P 500

Equity Portfolio Update #1 [+39.5% @ 12-31-15]

Gen Y Finance Guy Investing 8 Comments

We have officially begun a new year and with that I have decided to start a new quarterly series. 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 …

My plan for $63,000 in Cold Hard Cash

Gen Y Finance Guy Financial Markets, Investing 41 Comments

Before you read any further would you do me a favor? Could you help spread the word by sharing this post on social media? It’s no national secret that my investment accounts are largely flush with cold hard cash. As I write this post my brokerage accounts have a total net liquidation value of $102,000 (rounded number). Of the total liquidation value I have $39,000 invested, with the remaining $63,000 sitting in cash. Most of the personal finance bloggers out there would likely advise me to continue putting money to work regardless of the fact the stock market is at ALL TIME HIGHS. However, I have a much different philosophy. I agree that the market has had an incredible run …

Markets don't go up forever

Markets Don’t Go Up Forever!

Gen Y Finance Guy Financial Markets 1 Comment

Here are some questions that could be going through your head: With the market down close to 10% from the September high of 201.9, is this a buying opportunity? Should I be short the market betting there is more downside to come? Is the Bull Market over? How do I prepare for the next “opportunity of a lifetime?” After hitting a low of 660 back in March of 2009, is this Bull Run finally over after 6 impressive years? How does the Feds’ decision to end QE this month play into the recent price action over the past month? Is it a coincidence? Are prices still over-valued? Are we entering a new Bear Market? Will volatility be short-lived or remain elevated for some time to …