Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why the lure of private investments is so strong.
Quote of the Day
"The best time to start saving was as soon as you got your first paycheck. The second best time is now. Don’t delay."
(Michael Batnick)
Financial advisers
- Why access to a financial adviser around retirement can be so helpful. (marketwatch.com)
- Four questions to ask before hiring a financial adviser. (mullooly.net)
Contentment
- Contentment is one of the best things money can buy. (humbledollar.com)
- Why unassailable wealth always seems out of reach. (collaborativefund.com)
401(k) plans
- How employers can help employees save more money. (awealthofcommonsense.com)
- It's hard to argue that 401(k) plans have increased access to good, retirement savings options for the majority of workers. (wsj.com)
- Should private equity end up in retirement accounts? A debate. (ritholtz.com)
Pandemic effects
- Many Americans aren't taking advantage of mortgage forbearance programs. (wsj.com)
- The pandemic is widening the racial wealth gap. (npr.org)
Resources
- Some online financial resources for new college graduates. (financialducksinarow.com)
- Want to become a better investor? Listen to company conference calls. (thereformedbroker.com)
Personal finance
- How to avoid lifestyle creep: save at least 50% of your raises. (ofdollarsanddata.com)
- Why reaching for yield often ends badly. (thefinancialbodyguard.com)
- Michael and Ben discuss the basics of saving for retirement. (theirrelevantinvestor.com)
- Low rates, forever, can change a lot of personal finance decisions. (wsj.com)
