Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how the ‘Diderot effect’ can get you to spend more money.
Quote of the Day
"In fact, money is as taboo in polite conversation as politics and sex. No wonder we clam up and quickly switch subjects.
(Alex Riley)
Retirement
- Wade Pfau on when income annuities are appropriate in retirement. (finance.yahoo.com)
- Sequencing risk is real and potentially nasty. (fattailedandhappy.com)
- Debate about the right 'equity glidepath' in retirement is ongoing. (morningstar.com)
Spending
- When should you 'pay up' for quality and when should you 'go cheap'? (thesimpledollar.com)
- What do you spend money on that you get the most value from? (blog.validea.com)
Intentionality
- On the importance of being intentional with our money. (vanguardblog.com)
- On the importance of tackling one goal at a time. (getrichslowly.org)
- It is hard to overvalue an investment in memories. (kc-roi.com)
Children
- Why we should be teaching financial literacy throughout K-12. (morningstar.com)
- Kids don't come pre-programmed knowing the value of a dollar. (castlebaram.com)
Home ownership
- The math on home ownership is difficult but illuminating. (stopironingshirts.com)
- You can't just look at a mortgage in isolation. (fattailedandhappy.com)
Taxes
- A little-known tax treatment could help you save money on your company stock. (fidelity.com)
- Seven ways you can support your favorite charity. (whitecoatinvestor.com)
Credit cards
- How to make your credit card payments a little safer. (humbledollar.com)
- Some more on the big Equifax ($EFX) data breach settlement. (slate.com)
Personal finance
- On the dangers of resulting in our financial lives. (forbes.com)
- One investor's not-so-great experience with high flying mutual funds. (humbledollar.com)
- Five books that influenced Peter Lazaroff including "Happy Money: The Science of Happier Spending" by Elizabeth Dunn and Michael Norton. (peterlazaroff.com)
- Six financial habits worth adopting including "Avoid making financial decisions when emotional." (ft.com)
- Annuities in 401(k) plans can go wrong in so many different ways. (finance.yahoo.com)
- Relationship pricing: when banks dangle lower interest rates. (wsj.com)
- Hate to see it when a professional athlete gets taken advantage of by financial scammers. (cbssports.com)
