Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to avoid lifestyle creep.
Quote of the Day
"So if you can’t beat the market and neither can an advisor, then why even bother? Because an advisor can tell you the most important thing. Am I going to be okay? Can I live the type of life I want to live? that’s it. That’s the job."
(Michael Batnick)
Investing
- There's no perfect way to invest. (evidenceinvestor.com)
- Looking for incremental income? Many CDs yield more than like Treasury securities. (obliviousinvestor.com)
Financial anxiety
- Why events like elections are uniquely anxiety-inducing. (humbledollar.com)
- There are plenty of potential stressors in personal finance: how to deal with five of them. (mullooly.net)
- You can reduce financial anxiety by automating as much as you can. (thomaskopelman.com)
Mortgages
- Good news, bad news. Mortgage rates are at historic lows but credit standards are tightening. (axios.com)
- What you need to know about the "Adverse Market Refinance Fee" when you go to refinance your mortgage. (wsj.com)
Taxes
- How donor-advised funds can provide a one-two tax punch. (blairbellecurve.com)
- Can you put too much money into a HSA? (morningstar.com)
Personal finance
- Ben Carlson, "Driving an inexpensive car is one of the biggest levers people can pull to free themselves up financially to save more." (awealthofcommonsense.com)
- The good, bad and ugly of various sources of financial advice. (blog.acadviser.com)
- Why we could all do well to prune our collections, both financial and physical, for our heirs. (tonyisola.com)
- Everybody needs property & casualty insurance, the question is how much? (genyplanning.com)
- In life, wealth only gets you so far. (humbledollar.com)
