Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why an estate plan is more than just a handful of documents.
Quote of the Day
"Watching other people get rich not only introduces career risk into investment decisions, it also gnaws at your psyche from a behavioral perspective. One of the biggest reasons FOMO exists is because it doesn’t seem fair."
(Ben Carlson)
Baby bonds
- How should 'baby bonds' be invested? (morningstar.com)
- 'Baby bonds' are a great idea but there is something that matters more. (tonyisola.com)
Taxes
- 2020 was an ideal year for tax-loss harvesting. (wsj.com)
- You've sold a baseball card at a profit. What are the tax implications? (sportico.com)
Housing
- Buying a house near the water? Keep these seven things in mind. (nytimes.com)
- California is preventing, for now, insurers from dropping fire coverage. (nytimes.com)
Spending
- Why you need to double-check those quiet, ongoing expenses. (alephblog.com)
- On the importance of being present when making big financial decisions. (petetheplanner.com)
- What are purchases today will mean for us down the road. (humbledollar.com)
Financial freedom
- Financial freedom means being able to miss a few paychecks. (theirrelevantinvestor.com)
- The pursuit of more is exhausting both financially and emotionally. (livingwithmoney.com)
Investing
- We aren't built to deal with watching the stock market all the time. (monevator.com)
- Easier crowdfunding rules will make it easier for more investors to back startups. (businessofbusiness.com)
Personal finance
- Roger Nusbaum, "There is a direct correlation to how we manage our personal finances, prepare for retirement and mitigate potential inconveniences which in financial terms of course are risks." (moneymaven.io)
- Americans, though given the chance, have kept their hands off their 401(k) accounts so far. (wsj.com)
- Why bankruptcy doesn't easily discharge student loan debt. (nytimes.com)
- How to simplify your financial life. (mullooly.net)
