Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why you can never pay too much for cherished memories.
Quote of the Day
"Risk is (1) a part of life that (2) accounts for things not going according to plan, but (3) is the price of admission for achieving anything worthwhile."
(Jeremy Walter)
Holiday debt
- The holidays do a number on many American's debt. (thebasispoint.com)
- Some tips on how to pay down your holiday credit card debt. (nytimes.com)
Investing
- How to conduct a portfolio review in six steps. (morningstar.com)
- Portfolio rebalancing is one of those things that is easy to let slip. (humbledollar.com)
- Loosening the accredited investor rules opens up a lot of Americans to risk. (nytimes.com)
- What, if anything, can kids learn from the success of Jim Simons? (tonyisola.com)
Goal setting
- Why you need goals: life is going to throw you some curveballs. (blairbellecurve.com)
- A simple three-point approach to your finances when it comes to debt, spending and saving. (petetheplanner.com)
- The keys to financial success are surprisingly mundane. (morningstar.com)
- Making progress on your goals in 2020 is going to take some grit. Eight things to keep in mind. (humbledollar.com)
Personal finance
- What should be on your 2020 financial to-do list? (morningstar.com)
- How indexed universal life products work in real life. (wsj.com)
- How to make sure you get the most out of your 401(k) contribution limits. (morningstar.com)
- BS alert: according to one survey, 74% of Americans say they have a budget. (howardlindzon.com)
- How a bout of depression can blow a hole in your finances. (businessinsider.com)
- Before you decide to become a landlord, read this. (fool.com)
- The FIRE debate revolves in part about your relationship to money. (monevator.com)
