Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to invest money you are saving for a major purchase.
Quote of the Day
"The 3 most important words in finance are “I don’t know” because the markets will humiliate you without the requisite self-awareness to recognize your own deficiencies."
(Ben Carlson)
How I Invest My Money
- How the CIO of a $4.5 billion RIA manages his own money. (peterlazaroff.com)
- On the importance of knowing when enough is enough. (retirementfieldguide.com)
Investing
- Don't let home bias wreck your portfolio. (tonyisola.com)
- Successful investors recognize there will be some painful times down the road. (humbledollar.com)
- Just because you can invest in a new asset class doesn't mean you should. (monevator.com)
Debt
- Most student loan borrowers are not drowning in debt. (theirrelevantinvestor.com)
- Comparing the impact of credit card vs. student loan debt. (awealthofcommonsense.com)
Taxes
- Year-end 2020, is full of uncertainty when it comes to tax planning. (nytimes.com)
- Ten things to keep in mind about charitable contributions, from a tax perspective. (financialducksinarow.com)
- 2020 is a unique when it comes the tax-status of charitable donations. (nytimes.com)
Early retirement
- What to do if you find out early retirement isn't for you. (monevator.com)
- A first-hand account of early retirement: boring. (finumus.com)
Happiness
- As people age, their lives fail to meet their expectations, and then normalize as they get even older. (ofdollarsanddata.com)
- The happiest people recognize that more isn't necessarily better. (evidenceinvestor.com)
- Why you should pick your neighbors carefully. (humbledollar.com)