Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at a 2018 personal finance checklist.
Quote of the Day
"We get just one shot at making the journey from birth to retirement. Flirting with financial disaster is not advisable."
(Jonathan Clements)
Online
- Vanguard's Personal Advisory Services has passed $100 billion in AUM. (financial-planning.com)
- How a site's UI can affect investor reactions to market movements, for the worse. (dpegan.com)
Investing
- Carl Richards, "Investing is different from speculating or gambling. Investing is a means to an end, and that end is our collective financial goals. Beating the stock market, buying what’s hot, outperforming a brother-in-law — those are not financial goals." (nytimes.com)
- Why it is so crucial that you have a written, well thought out investment plan. (mebfaber.com)
Personal finance
- Big life event? Take stock of where you are before doing anything else. (getrichslowly.org)
- How the new tax bill was not altogether friendly to tax preparers. (humbledollar.com)
- Visa ($V) is being super-generous with 401(k) plan participants. (marketwatch.com)
- Consumers don't necessarily pay down the highest interest rate debt first. (bloomberg.com)
- "You Need a Budget" is a simple book, but it’s excellent." (getrichslowly.org)
- Use money to buy happiness via experiences, not stuff. (peterlazaroff.com)
- A list of the top writers on retirement planning. (wsj.com)
