Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the benefit of cutting back your hours.
Quote of the Day
"The thing about bubbles, and for the record, I’m not brave or dumb enough to declare this one, is that they wear you down. They make you feel irresponsible for not getting involved."
(Michael Batnick)
Financial advisors
- When meeting with a client your agenda doesn't matter. (danielsolin.com)
- Millennials want to be able to text their financial advisors. (l2inc.com)
Robo-advisors
- Vanguard's Personal Advisor Services now has $65 billion under management. (investmentnews.com)
- How Wealthfront is trying to humanize its offerings. (fastcompany.com)
- Morgan Stanley ($MS) is getting into the robo-advisor game with a new service with low minimums. (wsj.com)
- Blackrock ($BLK) takes a stake in European robo-advisor Scalable Capital. (institutionalinvestor.com)
- Robo-advisors are embracing ESG investing principles. (wsj.com)
Money psychology
- Don't let fear derail you from your financial goals. (financialsamurai.com)
- Why the ultra-rich are reluctant to discuss their wealth with their children. (washingtonpost.com)
- A great Q&A with Morgan Housel. (chrisreining.com)
- Don't count some one else's money. (allaboutyourbenjamins.com)
Personal finance
- If your financial house is in order then a recession should not be a scary prospect. (mrmoneymustache.com)
- You have to be part-contrarian to get really rich. (beta.morningstar.com)
- Why we all need commitment devices to avoid mindless/overspending. (medium.com)
- Is revenue from Airbnb rentals tax-free? (blog.independenceadvisors.com)
- Some blogs on "saving, budgeting, retirement, investing, career planning, mortgages" worth reading. (genyplanning.com)