Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the case for retiring early.
Quote of the Day
"For most people, their investment time horizon will be much longer than it is likely to take for equity markets to recover from a crash and make new gains...A market crash, while very unsettling and unpleasant, should be seen in the context of one’s remaining lifetime."
(Jason Butler)
Advisors
- RIAs today utilize a raft of tools, but only a few can truly be platforms. (kitces.com)
- SoFi is getting into wealth management. (techcrunch.com)
- Financial advisors are increasingly conscious of their clients, clothing-wise. (wsj.com)
Membership
Personal finance
- The investment industry is horribly overcompensated. (humbledollar.com)
- Auto-escalation is helping boost 401(k) balances. (bloomberg.com)
- US household debt is back to 2007 levels but delinquencies are way lower. (latimes.com)
- Quick fixes rarely work in personal finance. (mullooly.net)
- Why you should simplify your financial holdings. (humbledollar.com)
- Rich retirees have forgotten how to spend. (bloomberg.com)
- The latte/avocado toast factor is a myth. (latimes.com)
