Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including tips on picking an honest financial advisor.
Quote of the Day
"Annuities in retirement accounts are an atrocious investment. They are so heinous they make funds involved in revenue sharing schemes, commonly found at many wire houses, look good in comparison."
(Anthony Isola)
Personal finance links
- Helaine Olen, "When we seek financial advice, surveys say that the majority of us believe the person we hire is bound to give the best, most wonderful guidance out there—something known as the fiduciary standard. This isn’t always true." (slate.com)
- The case for an actively managed robo-advisor solution. (blog.alphaarchitect.com)
- The challenges facing Wealthfront. (iris.xyz)
- We need better training for financial advisors. (bloomberg.com)
- Annuity commissions are outrageous. (tonyisola.com)
- The presidential candidates are not talking about the retirement crisis. (slate.com)
- Paying back student loans is the hot new employee benefit. (bloomberg.com)
- Larry Swedroe really liked Tim Maurer's new book "Simple Money: A No-Nonsense Guide to Personal Finance."* (etf.com)
