Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the math of owning a second home.
Quote of the Day
"Investing isn’t an IQ test; it’s a test of character."
(Jason Zweig)
Chart of the Day
The number of Americans requesting EINs, i.e. starting a business, have surged in pandemic.
Housing
- Things to keep in mind when refinancing your mortgage. (humbledollar.com)
- Michael and Ben talk about the economics of home ownership. (awealthofcommonsense.com)
Millennials
- For Gen Z and Millennials, low borrowing rates are more important then low savings rates. (awealthofcommonsense.com)
- Millennials are being disproportionately being hurt by the pandemic economy. (wsj.com)
Family finances
- How to talk to a partner who isn't great with money. (thesimpledollar.com)
- Lending money to family members is fraught with risk. (thesimpledollar.com)
Decision making
- Different life phases require different money mindsets. (humbledollar.com)
- Your financial life is a marathon, not a sprint. (safalniveshak.com)
- How to make decisions so that you minimize the odds of regret. (humbledollar.com)
Personal finance
- Stop hassling your portfolio, like you do your kids! (tonyisola.com)
- 4% withdrawal rate? It's a staring point, at best. (humbledollar.com)
- For people who have kept their jobs in pandemic, many have seen a boost to their savings rate. (wsj.com)
- How to use (and build) your credit safely. (mullooly.net)
- Six questions about how to buy immediate annuities. (humbledollar.com)
- Check out this pocket-sized guide to a 'wealthier life.' (safalniveshak.com)
