Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at America’s retirement crisis.
Quote of the Day
"Among the advisors I’ve met, the biggest barrier to success in gathering more assets is their inability to set aside their agenda and focus solely on that of the prospect."
(Dan Solin)
Robo-advisors
- Testing will make personal finance advice is getting more rigorous via testing. (betterment.com)
- The upsides (and downsides) of robo-advisors. (danielsolin.com)
- Funding is falling for standalone robo-advisors. (bloomberg.com)
- Betterment is now valued in excess of $1 billion. (businessinsider.com)
- Even robo-advisors can fudge their fees and performance. (barrons.com)
Advisors
- John Rekenthaler, "Broadly speaking, investment advice succeeds with the upper class, fails the middle class, and bypasses the lower class." (beta.morningstar.com)
- Why individual stocks, even when they do well, are a hassle for advisors. (thereformedbroker.com)
- TD Ameritrade pulled a fast one with advisors when it turned over its list of ETFs. (kitces.com)
- "Choosing an investment platform is a serious decision." (alphaarchitect.com)
- How to define what a true fiduciary is. (sellwoodconsulting.com)
- How to work with a financial advisor. (forbes.com)
Investing
- Morgan Housel, "I’ve learned that cash earns the lowest return but offers the most options, and options can provide the highest long-term returns." (collaborativefund.com)
- A look at Morningstar's ($MORN) own 401(k) plan. (beta.morningstar.com)
- A closer look at managed-payout funds. (caniretireyet.com)
Support
- Sign-up for our daily e-mail newsletter to stay up-to-date with all of our posts. (abnormalreturns.com)
- An Abnormal Returns membership helps support this site. (abnormalreturns.com)
- Like (and follow) Abnormal Returns on Facebook! (facebook.com)
Retirement
- How retirement planning for singles is different than for married couples. (obliviousinvestor.com)
- How "purpose and judgement" can help guide retirement planning. (rivershedge.blogspot.com)
- Encouraging higher retirement savings isn't enough. (mathinvestor.org)
College savings
- How to asset allocate for college. (beta.morningstar.com)
- A ranking of the best state 529 plans. (beta.morningstar.com)
Personal finance
- Your career/lifetime earnings are your biggest asset, are you making the most of it? (genyplanning.com)
- Why you should trade money for time. (whitecoatinvestor.com)
- What to do if you find an error on your credit report. (blog.independenceadvisors.com)
- New rules make reverse mortgages less attractive. (wsj.com)
- Six basic personal finance tips for new college graduates. (etfdb.com)
- How financially literate are you? (wsj.com)
