Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including at the danger of having too many advisors.
Quote of the Day
"This is why I feel so strongly that real estate should be looked at as an asset and not an investment....Owning a home is also a form of consumption — you’re paying taxes, interest costs, insurance, upkeep and making improvements. "
(Ben Carlson)
Personal finance links
- Be not afraid. Larry Siegel weighs in on the big McKinsey study on (low) future market returns. (advisorperspectives.com)
- A scathing take on Charles Schwab ($SCHW) Intelligent Portfolio service. (vox.com)
- Direct-sold 529 plans are taking share from advisor-sold plans. (investmentnews.com)
- Financial advisors can't be too prepared when it comes to technology. (advisorperspectives.com)
- Advisor vs. validator: you make the call. (washingtonpost.com)
- Paranoid is no way to run your personal finances. (nytimes.com)
