Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the high and sometimes hidden ongoing costs of homeownership.
Quote of the Day
"While some of these new investors probably have at least a basic appreciation for investment fundamentals, valuation, and diversification, let's be real: Most likely don't. "
(Christine Benz)
401(k) plans
- When is traditional 401(k) plan better than a Roth 401(k)? It depends in part on tax rates. (ofdollarsanddata.com)
- The federal Thrift Savings Plan is adding more lifecycle fund options. (pionline.com)
- Do individual investors even need private equity work in their 401(k) plans? (awealthofcommonsense.com)
- Even modest changes to modernize the 403(b) marketplace would be welcome at this point. (morningstar.com)
- What to do if your company has suspended its 401(k) match. (mullooly.net)
Roth IRAs
- The case for the Roth IRA. (perdiem.blog)
- If your child has earned income, a Roth IRA can provide huge benefits down the road. (financialducksinarow.com)
Investing
- Why buying individual stocks, even if the dollar amounts are small, is a bad way to get started investing. (morningstar.com)
- How portfolio overdiversification can be a problem. (morningstar.com)
- Portfolio rebalancing can serve a number of interests. (morningstar.com)
Personal finance
- Three ways men would do well to copy women when it comes to money. (marketwatch.com)
- Why a growth mindset is important in helping build wealth. (blog.acadviser.com)
- An estate plan is much more than just a will. (humbledollar.com)
- A Q&A with Mr. Money Mustache about how the pandemic has affected achieving FIRE. (fool.com)
- Four questions to ask before buying the cheapest term insurance policy. (humbledollar.com)
- Can you collect unemployment if you refuse to return to a job due to the coronavirus? (cnbc.com)
- Why pandemic isn't a time to worry about your credit score. (washingtonpost.com)
- How to save money when moving. (thesimpledollar.com)
