IPO’s Are Hot Again & The Weekly Update

A twofer of posts over at Alpha Baskets. First up is a look at the hot IPO market. I found some interesting stats but I would add that there won’t be a repeat of 2000 (we are below new issuance levels from back then), the next crisis or plain old bear market will be caused by something else but the IPO market could be looked back at having been a warning. From the post; Last week the Wall Street Journal gave a rundown of what has been a very hot IPO market. The Journal reported that there were 42 listings in the first two months of 2014 compared to 20 from the same timeframe in 2013 and keep in mind 2013 was a very good year for IPOs. Please click through to read the entire post. The other post that went up was the weekly market update which usually covers both market related items but also a couple lifestyle things as well. From the ‘interesting reads’ section; More interesting than the story about the cabin was the embedded opinion that there is a “tiny house movement where people are living with a smaller financial, environmental, and physical footprint.” You can read the rest here. As for the pictures, over the weekend I worked at the Arizona Wildfire Academy with the team running the academy in the logistics section. Logistics provides stuff on incidents including radios and the first photo is if the radio cache. The second picture is of a Type 6 engine from the Tonto National Forest. Coincidentally I just started using Instagram and both pictures have effects...

Investment Go-Bag

My latest for AlphaBaskets revisits Jason Bourne’s safety deposit box inspired from a WSJ article that considered the argument for blending active and passive together in a portfolio. From the post; Earlier this week a friend posted a link on Facebook to a fun article about how to assemble a bug-out or go-bag. It included things for fire, water, shelter, food and protection. In a similar vein, on the Random Roger blog we’ve often had fun looking at the contents of Jason Bourne’s safety deposit box with all the passports, currencies, Sig Sauer and other spy stuff. The appeals to guys on some emotional level in the belief that we can all be self sufficient, having everything we need at our disposal in a backpack. Please click through to read the...

Site Redesign Coming!

Next week we will implementing a site redesign that will include the kind of double R ranch style logo and the updated banner that looks like something from The Big Bang Theory. And an unrelated picture from Baldwin Beach Park on...

Getting in Front of Changing Retirement Dynamics

In my latest post for Alpha Baskets I delve into how to monetize a hobby using my firefighting as an example. The idea here, beyond the financial importance for a lot of people, are the layers of potential to convert hobbies and volunteer work into some sort of modest (or not so modest) income stream. Like many things in life, the desired outcome will likely be driven by going above and beyond what is expected. From the post; MarketWatch ran an article the other day that was another reminder of how under-saved the vast majority of Americans are for their retirements. Net-net these articles are a positive to the extent they promote awareness in a financial literacy context. I would note though that the article was off in one respect in that savers/investors need to think in terms of covering expenses not multiples of salary saved. Please click through to read the rest. The picture is the one I refer to in the full post. A friend from our FD was at the Sprint Cup race at Phoenix International Raceway (PIR) over the weekend. These are two PIR firefighters and the Toyota Tundra in the background is their vehicle. Tough to see what sort of equipment they have but just using water won’t cut it for a vehicle fire. Amusingly the picture was sent to me while I was actually writing the post and was not something I had ever thought about...