Book Wish List 2016

12 Books for Your Christmas List This Year

Gen Y Finance Guy Words To Live By 19 Comments

I wasn’t and avid reader growing up, in fact I really didn’t start reading (voluntarily) until 2011 (I was 25 then). Now I read 40-50 books a year and spend about $1,000 every year on books (I actually just paid $1,000 for ONE book, but we will save that for another post). I’m currently working to put together a new resource for …

The Freedom Fighter

Gen Y Finance Guy Featured, Financial Freedom, Freedom Fighter, Words To Live By 30 Comments

Who am I writing for? Over the course of the last 6 months I have spent countless hours trying to figure out exactly whom it is that I’m writing for. It has taken about 40 posts, 50K words, 120 hours, and reading over 100+ Personal Finance blogs in order to finally answer this burning question. At the end of the day, …

Buy Into Weakness – Investment Rule #1

Gen Y Finance Guy Financial Markets, Investing, New Rules, Options, Words To Live By 24 Comments

Over 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. …

Fail Forward and Make Mistakes to Reach your Goals In 2015 And Beyond

Gen Y Finance Guy Goal Setting, Words To Live By 0 Comments

So many people are afraid of failure and what others will think of them that they never really truly attempt their deepest desires. I am here to tell you that it is okay to set a goal and fail. Just think, Thomas Edison failed 10,000 times before he invented the light bulb. But he didn’t really think of it as …

We All Make Bad Financial Decisions, But They Don’t Have to Define The Rest Of Our Lives!

Gen Y Finance Guy Financial Freedom, Words To Live By 0 Comments

I am now 28 years old and the only debt that I have is the mortgage on my primary residence and my rental condo. The wife and I bring in almost $200K a year and we will have our primary residence paid off in 6 more years. We continue to max out my 401K at $17,500/year (which I have been …

Time - Huge Deposit

My Huge 86,400 Deposit…And I’m Going To Spend It All

Gen Y Finance Guy Words To Live By 2 Comments

Imagine there is a bank that credits your account each morning with 86,400. It carries over no balance from day-to-day. Every evening the bank deletes whatever part of the balance you failed to use during the day. What would you do? Draw out every cent, of course! Each of us has such a bank. Its name is TIME. Every morning …