Bet on an IPO ?

Today's Alibaba IPO showed that good money can be made from buying into an IPO. I think it's nothing more than gambling. When a company goes public, there is only a limited amount of information available about its finances, historical records etc. So it's hard to establish if this is a good long term investment. I've invested in IPO's in the past -- Red Hat and Cobalt Systems. With one I quickly made some money, with the other my investment was a tax write-off. So I'm done with IPOs, and would rather patiently, actively search for good investments that throw off money for some time to come.

Protect your credit rating, protect your ssn

Identity theft is too easy, and all too common these days. Yet still many places have you fill out forms by hand or online where you have to provide your social security number. For instance, to volunteer coach a youth soccer team requires a back-ground check, which requires your social security number. Do you trust the club's web site ? Do you trust the office where you submit paper forms ? Here some ideas to help minimize exposure.

Sleep better with an emergency fund

It is a good idea to have some money set aside for emergencies like loss of a job. It may take a few months to find a new job, and you want to be able to cover your expenses without having to get into expensive debt (e.g. not paying off credit cards), or having to move to a cheaper house.

Screener: Dividend Yield

People favor certain stocks over others. We select stocks to make money, not to support a cause. We're not day traders, and do not want to spend hours every week chasing the latest growth story. Instead, we select stocks based on several criteria. Stocks are ranked based on their Active Passive Number, a score that combines the different criteria. One of the criteria is dividend yield. Since one of our goals is to generate passive income, we actively look for good dividend stocks.

Refinance after one year

Mortgage interest rates are still at very low levels. Does it makes sense to refinance now ?  What will rates do in the near term ? I plan to refinance within the next two months, here's why.

Take profit on overheated market ?

With record highs yesterday, should we sell our stocks, wait until they drop 10% and then buy more of them back for the same money ?

Don't invest when the market is at an all-time high ?

It is impossible to time the market, since no one can know the future. With the market red hot and hitting all-time record highs today, is it still wise to invest ? Here are some reasons why and why not.

Active Passive Money

Passive income is everyone's dream -- receiving money without having to work for it. It's why people play the lottery, it is why employers still offering pensions can attract talent. It's also the promise of retirement. I believe that achieving life-style sustaining passive income is possible.
I also believe that it takes many years of full-time employment and actively managing money to reach that state. Some call it early retirement. I further believe it is more than a good mix of dividend-paying stocks. Other factors are owning a house, two cars, taking vacations, and raising two children with sports camps, college tuition, and weddings that come with it. It's easy to prioritize passive income generation and to forget about living life!
I've been balancing life and money more actively since I got married, bought a house, and had two kids. I've been tracking my net worth on a monthly basis for six years. I have financial goals that I'm tracking, and life goals (like places I want to take the family). I have an investment strategy that I've evolved over the years. I'm actively working on setting up passive income. Active Passive Money.
On this site I plan to share what I've learned, my ideas, in hopes that it benefits others. I've learned from others that shared their stories on the web. This is my way of giving back. I hope you enjoy it!