Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why we should celebrate life’s little financial successes.
Quote of the Day
"Fund companies and their salespeople target the financially illiterate who trust emotions more than math."
(Anthony Isola)
Advisors
- On the power of telling clients the truth, not necessarily what they want to hear. (thereformedbroker.com)
- Don't let slick ads deter you from finding a trusted, fidicuary to work with. (forbes.com)
- Pay-for-financial planning services requires a robust billing system. (kitces.com)
- How technology can enable the solo financial advisor. (kitces.com)
- What you need to know about Powers of Attorney. (blogs.cfainstitute.org)
- Worth repeating: there is a big difference between investment management and financial advice. (awealthofcommonsense.com)
Robo-advisors
- A look at how Schwab's Intelligent Portfolios have done over the past three years. (etf.com)
- WealthSImple is rolling out an ESG portfolio option in the UK. (businessinsider.com)
Taxes
- How mortgage interest deductibility changes with the new tax law. (kitces.com)
- What advisors need to know about the new 20% pass-through deduction. (thinkadvisor.com)
- The new tax laws mean you should re-visit your estate plans. (beta.morningstar.com)
Personal finance
- How to use brute force to improve your finances. (ofdollarsanddata.com)
- Don't borrow to make investments and other tips to avoid investment disaster. (financialsamurai.com)
- Ugh. Why you should expect to see more annuities in retirement plans. (linkedin.com)
- Long term-care insurance providers are running into financial problems. (wsj.com)
- Young people wish they had learned more in school about how to manage their money. (ft.com)
- Five downsides to dying with too much money. (whitecoatinvestor.com)
