Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including the need to simplify your finances.
Quote of the Day
"Even if investors aren’t rational as judged by classical economics, their behavior can make sense if we consider what they’re aiming to achieve with their money."
(Jonathan Clements)
Robo-advisors
- Only a handful of standalone robo-advisors will survive. (businessinsider.com)
- The robo-advisors are pushing up-market. (bloomberg.com)
401(k) plans
- Why do employers kick people out of their [401(k)] plans in this way? (nytimes.com)
- What's the difference between a 401(k) and 403(b) plan? (thebillfold.com)
Sponsored link
Millennials
- It's not surprising Millennials are thrifty. (bloomberg.com)
- Why many Millennials aren't worked up about working full-time. (financialsamurai.com)
Advisory
- The fiduciary rule is happening. (wsj.com)
- What new graduates need to know before entering wealth management. (forbes.com)
- The advisory industry is having a hard time recruiting new employees. (investmentnews.com)
- How Michael Kitces built his empire by giving away content. (kitces.com)
Simplification
- In praise of simplifying your portfolio, especially fee-wise, in retirement. (danielsolin.com)
- How can you go about simplifying your finances? (wallstreetphysician.com)
- Lower your fees. (danielsolin.com)
Personal finance
- How your funded status should affect your asset allocation in retirement. (retirementresearcher.com)
- Sometimes your financial plan gets thrown out the window. (awealthofcommonsense.com)
- 5 reasons to NOT retire early. (whitecoatinvestor.com)
- There's only two things to spend your money on. (forbes.com)
- Platinum credit cards are about prestige as much as perks. (luskin.ucla.edu)
- Five great personal finance blogs. (humbledollar.com)