Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to fix errors in your credit files.
Quote of the Day
"Real wealth is composed of a healthy body mixed with enough money covering basic needs and select wants. The formula is simple. Don’t get sidetracked by daily noise."
(Tony Isola)
Money resolutions
- Ten tips for 2021 including "The more often you look at your portfolio, the worse your investment results will be." (humbledollar.com)
- Some solid money resolutions for 2021 including 'Review your investment expenses.' (aaii.com)
Simplifying your finances
- Consolidating small accounts makes it easier to keep track of your finances. (wsj.com)
- There are a lot of good reasons to simplify your finances as you age. (mutualfundobserver.com)
Investing
- The best gift you can give a young person in your life is to help them started investing. (humbledollar.com)
- Why it makes perfect sense to split your portfolio into a boring portfolio and fun/play portfolio. (marketwatch.com)
- There is a big difference between preparing and predicting. (retirementfieldguide.com)
Personal finance
- Michael H. Baker, "The timing may never be perfect to create your plan, change careers, take your dream trip, or retire on your terms. But, we can get started." (michaelhbaker.com)
- There's never a bad time to talk about estate planning, but all the more so in a pandemic. (finance.yahoo.com)
- Some small steps to take to have more meaningful money conversations. (wsj.com)
- The amount of down payment you need for a house depends on the type of loan you get. (housingwire.com)
- The case for doing your own taxes. (humbledollar.com)
