Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at saving money in your 20s.
Quote of the Day
"Investing, though, is personal. All that matters is performance between today and your end goal, not the individual years in between."
(Morgan Housel)
Personal finance links
- Why investors need to curb their competitive instincts. (evidenceinvestor.co.uk)
- Are young investors really more risk-tolerant? (pragcap.com)
- What investment term will soon be antiquated? (abnormalreturns.com)
- After-tax 401(k) contributions are now easier to roll over into a Roth. (nytimes.com)
- Earning and spending are more central to our lives than saving and investing. (investmentnews.com)
- Your 20s set the groundwork for the rest of your financial life. (mrmoneymustache.com)
- 'Lifestyle creep' makes it difficult to save for retirement. (m.wealthmanagement.com)
- Financial blind spots are by definition are things we can't see ourselves. (nytimes.com)
- One reason why so many Americans don't save for retirement. (blogs.wsj.com)
- What that chip in your credit card means for you. (bloomberg.com)
- Saying 'never' in personal finance is a bit of a dodge. (washingtonpost.com)
Advisors
- To beat back robo-advisors, advisors are going to need closer relationships with clients. (iris.xyz)
- Undifferentiated robo-advisors are going to lose out over time. (blogs.cfainstitute.org)
- Flat vs. AUM fees: which is best for your clients? (thinkadvisor.com)
- Social media is about turning a stranger into a prospect, not a client. (kitces.com)
- How to tell a scam artist from a financial advisor. (bloomberg.com)
