Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the continued prevalence of the ‘latte myth.’
Quote of the Day
"Taking personal finance advice from the rich and famous can be hazardous to your wealth because eventually, these people can lose touch with reality. Much of what they’re now doing is personal finance hot takes to keep things interesting"
(Ben Carlson)
Investing
- On the benefits of keeping your portfolio simple in retirement. (morningstar.com)
- The gains from tax-loss harvesting are overhyped. (wsj.com)
- What is your personal investment benchmark? (humbledollar.com)
Taxes
- What can you learn from your 2018 Form 1040. (morningstar.com)
- Six tax changes retirees should know about. (wsj.com)
- There is no prospect for simplified tax filing on the horizon. (theringer.com)
ISAs
- A comparison of student loans vs income share agreements. (fattailedandhappy.com)
- How long before ISAs become mainstream? (bloomberg.com)
Estate planning
- When it comes to estate planning: just do it. (humbledollar.com)
- Check your beneficiaries. (humbledollar.com)
Longevity
- Three lessons on living a longer life from Okinawans. (newretirement.com)
- Living in a long-lived community, like Loma Linda, California, prompts you to spend money like you are going to live a long life. (nextavenue.org)
Books
- Five books to help you build wealth including "Happy Money: The Science of Happier Spending" by Elizabeth Dunn and Michael Norton. (blogs.wsj.com)
- A Q&A with Jean Chatzky author of the new book, "Women with Money: The Judgment-Free Guide to Creating the Joyful, Less Stressed, Purposeful (and, Yes, Rich) Life You Deserve." (nextavenue.org)
Behavior
- Peer effects can have a big effect on our behavior. (etf.com)
- The pros and cons of money diaries. (thewirecutter.com)
- It's hard to understate the danger of lifestyle creep. (radreads.co)
Personal finance
- If money=status, no wonder talking about money is so difficult. (ofdollarsanddata.com)
- The world is geared around couples: but single people need financial advice as well. (bonefidewealth.com)
- Traditional 'stock market games' teach kids all the wrong lessons about investing. (tonyisola.com)
- If you pay off your credit card every month, the points game is fun to play. (humbledollar.com)
