Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how expensive pickup trucks are wrecking retirement plans.
Quote of the Day
"Bad decisions happen when there’s only one acceptable version of the future."
(Morgan Housel)
Spending
- Things to consider when making a major purchase, like a car. (ritholtz.com)
- On the beauty of being able to spend, guilt-free, in retirement. (humbledollar.com)
- On the difference between minimalism and frugality. (thesimpledollar.com)
Investing
- What you need to know about tax loss harvesting because it isn't as simple as it looks. (ofdollarsanddata.com)
- Time not spent on investing can be used in other areas of your life. (seekingalpha.com)
- Don't be seduced by access to 'institutional quality' investment management. (wealthmanagement.com)
- Easy yield doesn't grow on trees. (thefinancialbodyguard.com)
Housing
- Ben Carlson, "It doesn’t seem like housing supply is going to catch up to housing demand any time soon." (awealthofcommonsense.com)
- Should you refinance your mortgage? It depends. (thomaskopelman.com)
- Startup Pacaso wants to help you own part of a second home. (wsj.com)
- Aging in place isn't all its cracked up to be. (marketwatch.com)
Social Security
- Since people hate the idea of postponing Social Security it leads to financial mistakes. (humbledollar.com)
- Why Social Security is the best annuity you can 'buy.' (retirementfieldguide.com)
Legacy
- How you can help your family, including financially, while you are still here. (humbledollar.com)
- What do you need to do to 'die broke.' (bnnbloomberg.ca)
College
- Why every family should fill out a FASFA. (nytimes.com)
- Why you should look beyond 529 plans to save for college. (wsj.com)
- Sequence of returns risk isn't just an issue for retirement - think college. (morningstar.com)
Personal finance
- Disentangling the role of luck and hard work isn't easy, but discounting the role of luck entirely is naive. (theirrelevantinvestor.com)
- Financial anxiety is in part a symptom of not having a plan in place. (allaboutyourbenjamins.com)
- Higher taxes are only part of the decision to stay in a state or leave. (nytimes.com)
- The how, where and when of buying annuities. (morningstar.com)
- Don't underestimate the time, effort and cost of going through a divorce. (msn.com)
- Don't lose sight of why you invest. (breakingthemarket.com)
