Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the financial challenges of getting remarried later in life.
Quote of the Day
"There is one fundamental law of personal finance that comes before all the others that all the others are built on...Spend less than you earn."
(Phil Pearlman)
Robo-advisors
- Wealthfront is adding a risk-parity investment option. (businessinsider.com)
- Why you should be wary of Wealthfront's move into risk parity funds. (pragcap.com)
- WealthSimple is by far and away the largest robo-advisor in Canada. (theglobeandmail.com)
Advisors
- How automated is automated rebalancing? (smartleaf.com)
- The worst financial firms make it as hard as possible to get your money out. (tonyisola.com)
Spending and savings
- The balance between spending and saving over time is both personal and ever changing. (awealthofcommonsense.com)
- Shopping bans are the new budgets. (nytimes.com)
- Why living like a student can help you save more money (for life). (monevator.com)
- Carl Richards, "You are not your spending thoughts." (nytimes.com)
Insurance
- Why are Americans buying less life insurance? (bloomberg.com)
- Why LTC premiums are rising. (independenceadvisors.com)
Retirement savings
- The retirement crisis will end up with more people working 'forever.' (theatlantic.com)
- Australians have internalized the country's superannuation retirement saving program. (ft.com)
Personal finance
- As consumers of financial services we are cross-subsidizing each other in myriad ways. (humbledollar.com)
- Anyone with a pass-through entity is having to rethink their position. (wsj.com)
- How much house can you really afford? (morningstar.com)
- Here are the financial documents you should keep on hand. (nytimes.com)
- The best defense against fraud is checking your accounts regularly. (alephblog.com)
- Millionaires are not satisfied with their levels of wealth. (time.com)
- Financial education should be focused on changing behaviors. (tearsheet.co)
- How much should you 'pay' your children in allowance? (peterlazaroff.com)
