Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how long you should hang onto various financial paperwork.
Quote of the Day
"Any time you can spend a little bit of time and effort up front to clarify exactly what you want and what the most efficient approach is to get it will save you a ton of money and the time and effort will usually be recouped, too."
(Trent Hamm)
Investing
- How should you invest your down payment as you prepare to buy a house. (financialsamurai.com)
- Investing is not a one-size-fits-all endeavor. (fattailedandhappy.com)
- On the pros and cons of robo-advisors. (barrons.com)
Compounding
- It's easy to dismiss the power of compounding in real life. (humbledollar.com)
- Why the power of compounding is so easily misunderstood. (thereformedbroker.com)
- On the power of "frugality, longevity and compound interest" to build wealth. (safalniveshak.com)
Retirement
- The arguments for (and against) getting married in your golden years. (humbledollar.com)
- NewRetirement is a great retirement planning tool. (getrichslowly.org)
- Some tools to estimate just how long you might live. (humbledollar.com)
Personal finance
- Money scripts are tough to shake. (humbledollar.com)
- Why we so easily compare ourselves to the other people (and their money). (fastcompany.com)
- Why people confuse income and wealth. (businessinsider.com)
- Luck doesn't grow on trees, but you can cultivate it. (thesimpledollar.com)
- The US is not the only country where many families are on the financial brink, see Canada. (bnnbloomberg.ca)
- If you qualify for a HSA, it is a great savings tool. (whitecoatinvestor.com)
- On the timing of declaring investment losses to the IRS. (humbledollar.com)
