Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why you shouldn’t think about your house as an investment.
Quote of the Day
"If you don’t understand the very basics of personal finance and money management, the best vehicles and products in the world won’t help bad behavior."
(Tim Mullooly)
Real estate
- Few people expected the residential real estate market to power through a pandemic largely unscathed. (marketwatch.com)
- How falling mortgage rates have affected home affordability. (awealthofcommonsense.com)
- Should you use your Roth IRA for a down payment on a house? (obliviousinvestor.com)
- How to choose between a 15-year or 30-year home mortgage. (thesimpledollar.com)
- Five lessons learned from renting out a second home. (humbledollar.com)
Investing
- What to do if you have been sitting on cash way too long in your portfolio. (theirrelevantinvestor.com)
- Why complex investments are often sold alongside a 'free dinner.' (tonyisola.com)
- It's hard to argue that investing has been 'democratized' when wealth inequality is so vast. (ritholtz.com)
Retirement
- Four goals for a retirement income portfolio. (humbledollar.com)
- Why retirees should consider paying off their mortgage. (morningstar.com)
- When delaying Social Security until age 70 isn't the right decision. (humbledollar.com)
Lessons
- 12 lessons learned about money and work including "Try to find peace and joy in losing." (cnbc.com)
- Some recent tweets on the financial freedom culled from the hellscape we call Twitter. (abnormalreturns.com)
Personal finance
- Every generation has different economic experiences but Millennials just can't seem to catch a break. (awealthofcommonsense.com)
- A lot of the risks you should be focusing on today are not financial in nature. (humbledollar.com)
- Financial apps are not designed with older Americans in mind. (nextavenue.org)
- Seven things every estate plan needs. (morningstar.com)
- How rich people go broke. (awealthofcommonsense.com)
