Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the dangers of financial isolation.
Quote of the Day
"Great advisors get into this business because they care and that is why they flourish. Advisors who do not care, or who peddle one-size-fits-all solutions where nuance is important, can absolutely be replaced by software. And they should be."
(Josh Brown)
Personal finance
- Personal finance is very personal. (awealthofcommonsense.com)
- Lessons learned from Helaine Olen's "Pound Foolish."* (thepfengineer.com)
- The story of the broke middle-aged literary man is common. (slate.com)
- How the success of "Get What’s Yours: The Secrets to Maxing Out Your Social Security" by Laurence Kotlikoff, Philip Moeller, and Paul Solman inadvertently changed Social Security rules. (bloomberg.com)
- You don't need a budget. You need awareness. (nytimes.com)
Advisors
- Robo-advisor technology is becoming table stakes. (barrons.com)
- The next bear market will challenge the robo-advisors (and their clients). (bloomberg.com)
- Portfolio management assumptions that harm clients. (advisorperspectives.com)
- Why RIAs are beginning to look more like accounting firms. (fa-mag.com)
- Acorns is taking on the managed ETF space from a different perspective. (businessinsider.com)
