Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the mortal sin of investing.
Quote of the Day
"In the end, if an investor is trying to maximize future wealth, a marginally higher savings rate, rather than a substantially higher-risk portfolio, is the most likely path to investor success."
(Donald Bennyhoff)
Financial advisory
- Vanguard is only going to get bigger in the financial advice space (investmentnews.com)
- Should you fire your advisor because they underperformed the market? (blog.petetheplanner.com)
- Harold Pollack, co-author of "The Index Card: Why Personal Finance Doesn't Need to be Complicated" examines when you should pay for financial advice.* (vox.com)
- A lawsuit demonstrates how the personal finance "industry" can be very profitable. (slate.com)
- What it's like to be a financial advisor to musicians and athletes. (investmentnews.com)
Personal fiancne
- Basic portfolio construction: there are really only two asset classes to worry about. (thepfengineer.com)
- Eight core ideas to guide retirement income planning. (advisorperspectives.com)
- Ross Heart, "Maybe financial literacy is as simple as navigating the best as one can." (seeitmarket.com)
- Why saving for retirement is difficult for many. (blog.abglobal.com)
- We spend too much effort to save small amounts on low-dollar value items. (nytimes.com)
- Does your tax preparer know what they are doing? (bloomberg.com)
- Renting is the new owning. (mobile.nytimes.com)
- Life insurance made easy. (nytimes.com)
