Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look personal finance as an act of rebellion.
Quote of the Day
"If you spend twice as much on a house, you're not making twice as big an investment, you're spending twice as much on housing..."
(Todd Sinai)
Robo-advisors
- Can robo-advisors be fiduciaries? (wealthmanagement.com)
- Some skepticism about the robo-advisors. (pragcap.com)
- Robo-advisory models have already moved on from passive to active. (gestaltu.com)
403(b) plans
- Why teachers have been sold so many annuities in their 403(b) plans. (nytimes.com)
- Even math teachers can't understand 403(b)-based annuities. (nytimes.com)
Investing
- More financial advisors are going the outsourced CIO route. (institutionalinvestor.com)
- The future of investment management. (focus262.com)
- If your company gives you stock, sell it. (barrons.com)
- The biggest benefit to diversified portfolios is a rise in safe withdrawal rates. (blog.cordantwealth.com)
- Women need to be careful using baseline retirement assumptions. (bloomberg.com)
- A Q&A with David Andrew about how a good financial planner can add value. (advicereinvented.com)
- It's hard to avoid loss aversion, even for celebrities. (awealthofcommonsense.com)
