Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the dangers of being overweight company stock.
Quote of the Day
"The worst failure is the one when you refuse to pick yourself up and start again. Don’t be afraid to seek help if you need it. Life is too short to be held hostage by failure and the emotions and stigmas that go with it. Problems can be solved. Perspectives can be changed. Support can be provided."
(Damian Dunn)
Mortgages
- Why may be time to re-finance your mortgage (financialsamurai.com)
- How HELOCs affect your credit score. (lendingtree.com)
Houses
- A second home requires a lot of decisions to make sure it doesn't become a financial drain. (wsj.com)
- Don't fall so in love with a house where you can't way away from the deal. (ferventfinance.com)
Retirement
- On the downsides of using Monte Carlos simulations to map out your retirement investing plan. (humbledollar.com)
- Even in retirement you need to get out of your comfort zone. (medium.com)
- The 4% rule is not a horrible starting point. (moneymaven.io)
Supporting adult children
- Reshma Kapadia, "Nearly 80% of parents give some financial support to their adult children—to the tune of $500 billion a year, according estimates by consulting firm Age Wave." (barrons.com)
- If you are going to bankroll your kids these are the best ways to do it. (barrons.com)
Spending
- Why you have to pay (more) attention when shopping on Amazon ($AMZN). (wsj.com)
- How Americans make and spend their money. (visualcapitalist.com)
- How to avoid paying bank fees. (nextavenue.org)
Happiness
- "When it comes to money, more is more. But when it comes to stuff, less is more. Most people have too much stuff. De-cluttering frees your mind and it frees up your living space." (theescapeartist.me)
- Wealth may not make you "happy" but it will take certain issues off the table. (humbledollar.com)
- Buying time will make you happier. (linkedin.com)
Personal finance
- How much concentration in your company stock is too much? (330ramp.com)
- Comparing three approaches to generating "passive income." (radreads.co)
- Six women discuss their biggest financial mistakes. (fastcompany.com)
- 45 smart financial decisions over a lifetime. (humbledollar.com)
- How "The Points Guy" became a big business. (wsj.com)
- Estate fights are a great way to lose money and goodwill. (independenceadvisors.com)
