Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the fiduciary rule.
Quote of the Day
"The allure to own something sophisticated and fancy sounding can often be an attractive sales pitch, but the reality is that simplicity usually beats sophistication, not because sophisticated is necessarily bad, but because sophisticated usually means high taxes and fees."
(Cullen Roche)
Advisors
- Why advisors should re-think their office space to complement the client experience. (investmentnews.com)
- A financial advisor's guide to asset allocation. (awealthofcommonsense.com)
Robo-advisors
- OpenInvest is bringing the ESG ethos to robo-advisory. (bloomberg.com)
- A review of Personal Capital. (businessinsider.com)
Fiduciary rule
- John Bogle, "The fiduciary rule may fade away, but the fiduciary principle is eternal. The arc of investing is long, but it bends toward fiduciary duty." (nytimes.com)
- John Rekenthaler, "Most investors want nothing more than to become wealthier. Aesthetics are beside the point." (beta.morningstar.com)
- 5 insane quotes against the fiduciary rule. (tonyisola.com)
- Why the end of the fiduciary rule is anti-consumer. (knowledge.wharton.upenn.edu)
- There's more to be a fiduciary than calling yourself one. (wsj.com)
Retirement
- Why investor underestimate how long they will spend in retirement. (blogs.wsj.com)
- How to prioritize spending in retirement. (obliviousinvestor.com)
- An interview with Steve Schullo, 403(b) plan critic at-large. (that401ksite.com)
- Beware 401(k) loans. (teachersadvocate.blogspot.com)
Personal finance
- 21 questions to ask about investment fees. (nytimes.com)
- Where you should be investing your Stash stash. (chaiwithpabrai.com)
- You haven't made a will? Make one now. (thebillfold.com)
- Five important things to do when you start working for yourself. (humbledollar.com)
- Five personal finance myths including one about the gift tax. (beta.morningstar.com)
- High housing costs can seriously harm your ability to save. (awealthofcommonsense.com)
- This is the number one thing to teach kids about money. (businessinsider.com)
