Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the ‘fundamental law of personal finance.’
Quote of the Day
"Constant-dollar spending strategies are risky for households that aren't wealthy and unnecessary for those that are."
(Dirk Cotton)
Advisors
- Tony Isola, "There is a big difference between a salesperson’s motivation to collect commissions and to earn a decent living by helping people." (tonyisola.com)
- A look at the startups tackling the issue of retirement saving/planning. (cbinsights.com)
- How do you justify your fees? A reasonable response. (advisorperspectives.com)
- Questions to ask before hiring a financial advisor. (wsj.com)
Retirement
- Two techniques that can be used in retirement to reduce sequence of return risk. (blogs.cfainstitute.org)
- There is more than one type of retirement. (getrichslowly.org)
Your house
- Homes are for living, not investing. (evidenceinvestor.co.uk)
- Your home is a lousy investment. (usatoday.com)
Investing
- Is it time to hire yourself a money manager? (financialsamurai.com)
- How concerned should new retirees be about a decline in the stock market? (alphaarchitect.com)
Personal finance
- Jonathan Clements, "If our goal is to amass ever more money, we’ll likely never be satisfied—because we could always have more. No, the goal isn’t to get rich. Rather, the goal is to have enough." (humbledollar.com)
- Why doesn't more money make us happier? (theirrelevantinvestor.com)
- Career risk is more likely to payoff for you than investment risk. (ofdollarsanddata.com)
- Steps to take to avoid having money ruin your relationship. (ft.com)
- This is the secret to a 'rich life.' (getrichslowly.org)
- A letter to your 50 year old self. (humbledollar.com)
