Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to tackle lifestyle creep.
Quote of the Day
"Like concentrated high-cost stock investments, a heavy portfolio allocation to expensive travel teams is saturated with unintended negative consequences."
(Anthony Isola)
Advisors
- Why so many people distrust anyone in the financial industry. (tonyisola.com)
- Some popular misconceptions about working with a financial advisor. (allaboutyourbenjamins.com)
- Newly independent advisors are happy they made the break. (thinkadvisor.com)
- What is a journalist doing working with an advisor firm? (rock-wealth.co.uk)
- Do we really need a uniform fiduciary rule? (kitces.com)
Robo-advisors
- Robo-advisors are straying from their low cost, index-centric roots. (wired.com)
- 401(k) robo-advisors are targeting small and mid-sized businesses. (investmentnews.com)
Retirement
- 70 is the new 65: a closer look at the "spend safely in retirement" strategy. (nytimes.com)
- A first hand account of what it is like to downshift into the 'slow lane' of semi-retirement. (getrichslowly.org)
- A recommendation for a good online retirement calculator. (humbledollar.com)
Spending
- Before agonizing over small spending decisions get the big stuff right first. (getrichslowly.org)
- Frugality is great, but it is not the be-all, end-all. (ferventfinance.com)
Investing
- Dumb investors don't need to become brilliant, they just need to stop being dumb. (thefinancialbodyguard.com)
- On the advantages of investing in real estate. (financialsamurai.com)
Stuff
- Five Amazon Prime perks you may not be aware of. (moneyish.com)
- Five ways to get rid of big, bulky items. (artofmanliness.com)
Personal finance
- J.D. Roth, "The more you save — the higher your profit margin — the sooner you can have the things you really want out of life." (getrichslowly.org)
- Every financial decision we make involves a trade-off, best to make that trade-off explicit. (humbledollar.com)
- The worst financial companies keep you from accessing your own funds. (nytimes.com)
- Your 50s are a decade ripe with change for your financial plan. (onefpa.org)
- Do you really need life insurance? Probably only for a short time. (wsj.com)
