November 2016 Financial Report

November 2016 – Detailed Financial Report #23 – Net Worth $486,544 [+53.1% for 2016 YTD]

Gen Y Finance Guy Monthly Financial Reports 7 Comments

GYFG here checking in for the November 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 …

Peer to Peer Lending

Humble Beginning in Peer to Peer Lending

Gen Y Finance Guy Investing 16 Comments

I first dipped my toes in to the Peer to Peer lending market back in 2010. Back then I was just dabbling and transferred $2,000 into my investment account over a 6 month period. Looking back at the history it looks like this initial investment was made up of 5 separate deposits. I don’t really remember what put P2P lending …

Betterment

I only have $200 a month to invest, here’s what I do with it.

Gen Y Finance Guy Investing 3 Comments

I am surprised to learn that millennials are actually pretty good at saving money. At times, the media can paint a picture of millennials as naive, buried in debt, and lacking common sense. This might be true for some 20 somethings, but millennials are saving anywhere from 5%-10% of their salaries. Only recently have I been able to start saving …

Goal Check 10

Monthly Goal Check-in #10 – @ 11/1/2016

Gen Y Finance Guy Goal Setting 10 Comments

The theme for October has been to focus on health and fitness. All of the financial goals have either been exceeded or are on autopilot to success through the end of the year. As I shared earlier in October, I placed a $1,000 bet with a co-worker, with the winner who loses the most weight winning. The bet was officially …

2016 Q2 Portfolio Update

Freedom Fighter Interview #28 – Nick True

Gen Y Finance Guy Freedom Fighter, Interview 4 Comments

Today we have Nick True, a Mechanical Engineer, and a self proclaimed tightwad. He got married young, at 20 years old, and then proceeded to ruin his honeymoon. But he and his wife got through this, and learned core beliefs and principals that now guide their financial life. I hope you enjoy the interview below. Nick, the floor is yours… Let’s …

roboadvisor

Polaris Portfolios – Innovative Investing Towards Financial Freedom

Gen Y Finance Guy General Information 8 Comments

Today we have a gust post submission form Mike McDermott, cofounder of Polaris Portfolios. Mike reached out to me a few months ago to pick my brain about personal finance and roboadvisors. I admitted to him that I didn’t know much about roboadvisors and haven’t written anything due to my lack of experience putting any money to work with a …

October 2016 Financial Report

October 2016 – Detailed Financial Report #22 – Net Worth $479,950 [+51.1% for 2016 YTD]

Gen Y Finance Guy Monthly Financial Reports 2 Comments

GYFG here checking in for the October 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 …

High Income Earner

What I Learned Working With Someone Making $1.5M a Year

Gen Y Finance Guy Career 14 Comments

Today we have a guest post from Finance Solver, the blogger over at SolvingFinance.com. He is a recent college graduate with a degree in finance and is sharing his unique path to wealth building, just like the rest of us in the personal finance blogosphere. In the guest post to follow, Finance Solver is going to share what he learned …

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 …