Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at common assumptions investors make that are wrong.
Quote of the Day
"The lesson from behavioral economics is that people only save if it’s automatic. If people just put away what’s left at the end of the month, that’s a recipe for failure."
(Richard Thaler)
Personal finance links
- Retirement expectations are still out of whack. (awealthofcommonsense.com)
- Does Bogleism work for any amount of assets? (whitecoatinvestor.com)
- A key job of advisors is assessing a client's capacity for risk. (theglobeandmail.com)
- Are robo-advisors truly fiduciaries? (thinkadvisor.com)
- Indexing 2.0 could disrupt the robo-advisors. (futuresmag.com)
- Why tax location is so important. (awealthofcommonsense.com)
- The upside of using donor-advised funds. (fusion.net)
- Not all expenses are investments but some really are. (nytimes.com)