Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why during times like this the stock market takes a back seat to more pressing issues.
Quote of the Day
"We tend to consider our investments as a homogeneous entity with one time horizon, when it’s probably more helpful to separate the dollars into vintages."
(Brendan Mullooly)
Wealth
- Why everyone feels they are less wealthy than they are in reality. (ofdollarsanddata.com)
- Don't confuse income and wealth. (humbledollar.com)
Investing
- Phil Huber, "When it comes to rebalancing, the journey is less important than the destination." (bpsandpieces.com)
- Don't overthink your investment strategy. (bunker-riley.com)
- Stephen Nelson, "Investing is pain. Anyone who says differently is selling something." (perdiem.blog)
Retirement
- What to do about your retirement plan in the age of coronavirus. (ritholtz.com)
- Retirement income solutions are sorely lacking for those without the means to hire an advisor. (morningstar.com)
- The high cost of health insurance is a hurdle to early retirement. (whitecoatinvestor.com)
Planning
- Why it often takes a dramatic effect to get us to focus on important tasks. (realsmartica.com)
- Five steps to deal with your personal finances in the midst of a pandemic. (awealthofcommonsense.com)
- Some things you can do for your finances like can likely only happen in 2020 including skipping RMDs. (humbledollar.com)
Student loans
- How to invest while still paying down student loans. (peterlazaroff.com)
- What can student loan borrowers do to suspend payments? (independenceadvisors.com)
Giving
- The Silicon Valley Community Foundation is asking its donors to accelerate their gifting. (vox.com)
- Why IRA owners may want to double up on QCDs in 2021. (wsj.com)
Personal finance
- What to do if your company cuts its 401(k) match? (morningstar.com)
- Everything you need to know about 2020 RMDs. (morningstar.com)
- Your estate plan should include your digital assets as well. (wsj.com)
- Some lessons learned on moving houses in retirement. (humbledollar.com)
- On the woeful state of financial literacy in the US. (tonyisola.com)
