Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why everyone needs a will.
Quote of the Day
"Gold Bugs are not capitalists. An employee who contributes to a 401(k) is investing in human progress, not betting on a medieval future of plague, pestilence, slavery and war."
(Anthony Isola)
Advisors
- Sallie Krawcheck's female-focused robo-advisor, Ellevest, has launched. (investmentnews.com)
- Overconfidence can crush otherwise smart investors. (thereformedbroker.com)
- Why high-fee human advisors still have the most to fear from robo-technology. (pragcap.com)
- Consuelo Mack talks with advisor to the advisors Nick Murray. (wealthtrack.com)
Fiduciary rules
- The new fiduciary rule is a step in the right direction. (news.morningstar.com)
- How the industry will transform in light of enhanced fiduciary rules. (knowledge.wharton.upenn.edu)
Personal finance
- Risk is less about markets and more about ourselves. (fool.com)
- "The greatest strategy in the world is worthless if a client jump ships mid-way through the process. " (capitalspectator.com)
- How South Dakota became a haven for trusts. (next.ft.com)
- Ways to think about whether something 'is worth it'? (nytimes.com)
