Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the ongoing debate over the fiduciary standard.
Quote of the Day
"The problem with financial planning is that life events are so much more powerful than investment returns."
(Scott Burns)
Personal finance links
- Vanguard is crushing it in the robo-advisor space. (bloomberg.com)
- Are you diversified? Stress-testing your portfolio to measure its risk exposure. (kitces.com)
- Why advisors love to use sector ETFs. (institutionalinvestor.com)
- The drawback of early withdrawals from a Roth IRA. (vanguardblog.com)
- Why clients are often their worst enemy by forcing advisors to hew to a benchmark. (blog.alphaarchitect.com)
- What you can learn from Scottie Pippen's experience getting scammed by a former adviser. (washingtonpost.com)
- How much can you sustainable spend from a $5 million inheritance? (blog.abglobal.com)
- 529 plans are coming to the workplace. (wsj.com)
- Some apps make saving easier by focusing on the little stuff. (nytimes.com)
- How much is enough? Putting speed bumps in the path of overactive spending. (well.blogs.nytimes.com)