Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at a ‘secret weapon’ in retirement.
Quote of the Day
"In the pursuit of outperformance, the typical investor underperforms. It seems like a kind of wasted effort with real negative ramifications for most people."
(Barry Ritholtz)
Investing
- How to create an investment policy statement. (beta.morningstar.com)
- How a quant invests his money. (thebillfold.com)
- How to eliminate distractions from your investing. (blog.johnsoninv.com)
- How portfolio aggregation can help offset the dangers of 'narrow framing.' (wsj.com)
- How to invest an emergency fund. (whitecoatinvestor.com)
Advice
- Good financial advice isn't about which ETF to pick. (thereformedbroker.com)
- Financial advisors can't time markets any better than you. (blogs.wsj.com)
- TIAA is launching its own robo-advisor service. (barrons.com)
- The Fiduciary Rule is no silver bullet. (bloomberg.com)
- Why Social Security should not be invested in stocks. (alephblog.com)
Membership
Retirement
- Anthony Isola, "Saving for retirement requires much sacrifice. Spending these funds requires meticulous planning." (tonyisola.com)
- On the benefit of cutting back your hours. (whitecoatinvestor.com)
- How to sequence your retirement savings by account. (peterlazaroff.com)
- Why not retire to the big city? (nytimes.com)
- The argument for giving your kids their inheritance NOW. (nytimes.com)
Personal finance
- There are no perfect money decisions. (medium.com)
- Being a landlord ain't easy. Especially when you have capital gains to deal with. (financialsamurai.com)
- A first hand account of credit card fraud. (marketwatch.com)
- Why you should consider disability insurance. (obliviousinvestor.com)
- Five more money-related sites worth your time. (humbledollar.com)
