Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how super-savers continue their habit into retirement.
Quote of the Day
"Financial independence isn't so much about freedom from work. It is more about freedom to do your best work, without money getting in the way."
(Mr. Money Mustache)
Investing
- Millennials may own more equities then they know via target-date funds in their 401(k) plans. (bloomberg.com)
- Six ways you should NOT invest. (bankers-anonymous.com)
- Rick Ferri's top ten list of reasons NOT to invest. (rickferri.com)
- Don't hire a financial advisor for their stock picks. (wsj.com)
Personal finance
- Gen X is pretty cynical about the prospects for retirement. (institutionalinvestor.com)
- Three reasons why borrowing from a 401(k) plan is a bad idea. (forbes.com)
- For better or worse most Americans are handling their finance on their own. (thinkadvisor.com)
- One of the biggest value-add from financial advisors is "behavioral coaching." (systematicrelativestrength.com)
- How financial advisors can help investors close the behavior gap. (blogs.cfainstitute.org)
- Career-wise you will do well when you are serving others. (alephblog.com)
- How adaptability affects our ability to weather financial adversity. (alphabaskets.com)
- Ten keys to a retirement system that works. (blogs.cfainstitute.org)
- How to teach your children about money. Insights from Ron Lieber's "The Opposite of Spoiled."* (awealthofcommonsense.com)
