Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why ‘No’ should be your favorite word.

Quote of the Day

"As I see it, minimal-cost index funds are sort of like rewards credit cards. If you pay off your balance in full every month, you can collect your cash back and travel points, with those rewards effectively subsidized by folks who foolishly carry a balance."

(Jonathan Clements)