Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what to do if you have made a fortune on a single stock.
Quote of the Day
"Embrace and accept your flaws and build a financial plan around them, rather than assuming you can alter your susceptibility to dopamine and cortisol by reading a blog post."
(Morgan Housel)
Taxes
- Why the IRS pushed back the tax filing season. (nytimes.com)
- How to file taxes if you worked remotely in 2020. (wsj.com)
Legal stuff
- An estate plan is much more than a handful of documents. (humbledollar.com)
- What you need to know before lending money to family members. (peterlazaroff.com)
- Pre-nups aren't just for financial matters these days. (wsj.com)
Investing
- In praise of doing as little as possible with your investments. (wsj.com)
- Even the effects of the worst market timing get washed out over time. (beyond-wealth.com)
- How to minimized regret when making investment decisions including focusing on process not outcomes. (peterlazaroff.com)
- Real returns are all that matter. (retirementfieldguide.com)
Behavior
- Behavioral coaching isn't about the elimination of emotion. (freakfinance.medium.com)
- Patience is a superpower. (incognitomoneyscribe.com)
Lessons
- 15 personal finance lessons learned from pandemic including 'You need a will.' (wsj.com)
- Five lessons learned from Ben Carlson's new book "Everything You Need to Know About Saving for Retirement." (humbledollar.com)
Personal finance
- Why everyone needs to find what works for them financially. (avieradvisors.com)
- Frugality is useful up and to a point. After that it can become toxic. (humbledollar.com)
- The pandemic has made retirement insecurity worse for Americans. (wsj.com)
- For many being a landlord looks better on paper than in practice. (mansionglobal.com)