Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the importance of Vanguard to (all) investors.
Quote of the Day
"We can know that something is “irrational”, but sometimes it doesn’t matter. We have to be cognizant of our feelings, and work around them as best we can."
(Brendan Mullooly)
Conspicuous consumption
- Seth Godin, "Conspicuous consumption is not absolute, it’s relative." (seths.blog)
- Adam M. Grossman, "If you’re stretching yourself financially to gain social acceptance, there’s no point since most people won’t notice anyway." (humbledollar.com)
Retirement
- Your portfolio in retirement need not be complicated. (morningstar.com)
- Four important phases to retirement. (humbledollar.com)
- How a HSA can boost your retirement savings. (peterlazaroff.com)
Investing
- How to craft an investment policy statement. (morningstar.com)
- Why bear markets early in your investing career can put you off stocks for a long time. (marketwatch.com)
Personal finance
- On the importance of creating positive momentum in your financial life. (humbledollar.com)
- Why you need an emergency fund. (evidenceinvestor.com)
- The wealth gap is becoming unsustainable. It will require some radical rethinking. (thefinancialbodyguard.com)
- Sometimes you just to need ask for what you want, even from a bank. (monevator.com)
- A case study in a personal spending trade-off. (getrichslowly.org)
- Six benefits of part-time Summer job beyond just money. (humbledollar.com)
- In praise of ownership. (whitecoatinvestor.com)
