Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how expectant parents need to do to prepare financially.
Quote of the Day
"When it comes down to it, a great financial plan is really a great life plan."
(Robin Powell)
The Psychology of Money
- Phil Huber, "In my opinion, The Psychology of Money is the Floyd Mayweather of finance books." (bpsandpieces.com)
- Michael Batnick, "If there is a young person in your life that wants to learn about investing, or if you yourself are looking for something to read, I cannot recommend this book highly enough." (theirrelevantinvestor.com)
- Frazer Rice, "This is a fabulous book to read in your 20s and early 30s as you begin to make life decisions of financial consequence and develop your personal relationship with money." (frazerrice.com)
Family finances
- On the emotional and financial costs of infertility. (awealthofcommonsense.com)
- Why couples should take a beat when one of them receives an inheritance. (wsj.com)
Trading
- New traders are set for a surprise come tax time. (wsj.com)
- How the stock market could provide valuable lessons to teenagers. (nytimes.com)
Investing
- Tony Isola, "Conflict-ridden sources of information are the root cause of financial misbehavior." (tonyisola.com)
- Why the lure of private investments is so strong. (humbledollar.com)
Personal finance
- Why the surge in savings in pandemic may be a temporary thing. (ft.com)
- What do longer lifespans mean for financial planning? (monevator.com)
- It's hard to make the math for a timeshare make sense. (humbledollar.com)
- Five mistakes younger generations make with their money. (livingwithmoney.com)
- What does it mean to live with wealth? Questions from Jennifer Risher's new book "We Need to Talk: A Memoir About Wealth." (nytimes.com)
- Chuck Feeney, who pioneered the idea of 'Giving While Living' has given his vast fortune away. (forbes.com)
