Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why a Roth IRA can be an effective savings vehicle.
Quote of the Day
"There is always going to be a good reason to sell out of the stock market."
(Ben Carlson)
Credit cards
- How the big credit card companies are trying to convince you not to give up your high-fee travel cards. (wsj.com)
- The pandemic is changing how we pay for stuff. (protocol.com)
- Why are credit card interest rates so persistently high? (awealthofcommonsense.com)
Lending
- Jumbo mortgages have been hard to come by in pandemic. (wsj.com)
- Banks don't know who they can lend to in pandemic. (wsj.com)
Investing
- The ability to endure market volatility is a bit of a superpower. (thereformedbroker.com)
- How dollar cost averaging can remove some of the anxiety involved with investing. (humbledollar.com)
- A five step guide to thinking about your investments. (nytimes.com)
- Don't let emotions affect how you think about a stock. (humbledollar.com)
Children
- Why a Roth IRA, and knowledge of compounding, is so powerful for teens with earned income. (tonyisola.com)
- It's harder for kids to earn spare cash these days. (humbledollar.com)
- Teens are going to miss out on Summer job opportunities in 2020. (nytimes.com)
Principles
- "Timeless principles" in personal finance get upended all the time. (humbledollar.com)
- One personal finance expert has (mostly) come around on the FIRE movement. (morningstar.com)
- When it comes to money, half the battle is being more conscious of your actions. (humbledollar.com)
Personal finance
- Three keys to building an emergency savings fund. (vanguardblog.com)
- Guaranteed lifetime income is the main attraction of annuities. (morningstar.com)
- Another area where lower income workers lose out is with the 401(k) match. (thefinancebuff.com)
- The pandemic is going to make it harder for older Americans to keep working. (morningstar.com)
- How to deal with family members who ask for money. (nytimes.com)
