Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to build trust as an advisor.
Quote of the Day
"Fixed indexed annuities are not an alternative way of investing in stocks..They have completely different risk and reward components. They are an alternative to other fixed-dollar investments, such as certificates of deposit or Treasury bills."
(John Olsen)
Advisors
- One of the biggest value adds of an advisor is saving clients time. (thefinancialbodyguard.com)
- Three disruptive changes to the traditional advisor model. (kitces.com)
- Should you hire an advisor? (genyplanning.com)
Retirement
- The ins and outs of retiring before your spouse. (vanguardblog.com)
- The evidence against retiring early is clear: don't. (bloomberg.com)
- You need to have a retirement plan, but don't be afraid to change it. (investwithetfs.com)
Charity
- Why don't America's rich give more to charity? (theatlantic.com)
- Donor-advised funds are the "best-worst idea in philanthropy." (causeandeffect.fm)
Numbers
- The biggest financial concerns of affluent Americans. (financialsamurai.com)
- Where you rank on net worth among Americans (by age). (fourpillarfreedom.com)
Personal finance
- Ignore financial predictions. Do this instead. (allaboutyourbenjamins.com)
- Things to do in anticipation of the next recession. (getrichslowly.org)
- Some money mistakes that wealthy families make. (blackcypresscapital.com)
- How to avoid 'purchase regret.' (blogs.scientificamerican.com)
- Brett McKay talks with Jesse Mecham, author of "You Need a Budget: The Proven System for Breaking the Paycheck to Paycheck Cycle, Getting Out of Debt, and Living the Life You Want." (artofmanliness.com)
