Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to avoid ACH fraud.
Quote of the Day
"I think one of the bigger problems today is how easy it is to spend money. I see a lot of younger people who get way out of whack with the reality of money because tech enables it."
(Dan Ariely)
Financial advisors
- Is there too low a bar to provide financial advice? (nytimes.com)
- Financial advisors are prone to the same biases as individual investors. (awealthofcommonsense.com)
401(k) plans
- Simplified 401(k) sign-ups work. (time.com)
- John Oliver on the scandal of today's expensive (and complicated) 401(k) plans. (abnormalreturns.com)
Advice
- Should this guy tell his wife about his stock options? (slate.com)
- How money destroys relationships. (timmaurer.com)
Personal finance
- Who will benefit when the Fed starts raising rates? Not bank savers. (blogs.cfainstitute.org)
- Costs, contributions and asset allocation: which matter the most in saving for retirement? (news.morningstar.com)
- Studying history is great but it does not forecast the future. (theirrelevantinvestor.com)
- Think about your assets as being in three buckets. (finance.yahoo.com)
- A spreadsheet only get so far when dealing with money fears. (nytimes.com)
- Reverse mortgages are becoming downright respectable. (nytimes.com)
- Why 20-somethings should download Acorns. (bankers-anonymous.com)
- What's the most important advice you would pass on to your children? (castlebaram.com)
