Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what you can do to minimized investment-related regret.
Quote of the Day
"In a sense, bored, confused, and lonely are the long-term investor’s resting state. And in that, hopefully some of us can find community and comfort."
(Jeff Ptak)
Podcasts
- Justin Castelli talks with Ben Carlson about his new book "Everything You Need To Know About Saving For Retirement." (allaboutyourbenjamins.com)
- Jim Dahle talks with Christine Benz of Morningstar ($MORN) about some big financial lessons. (whitecoatinvestor.com)
Investing
- You can't really invest for the long run if you aren't an optimist on some level. (retirementfieldguide.com)
- The stock market works very differently than a casino. (awealthofcommonsense.com)
- Why investors need to build 'muscle memory' to survive market downturns. (michaelhbaker.com)
- How to eliminate 'junk food' from your portfolio. (tonyisola.com)
- P.S., don't trade while high. (klementoninvesting.substack.com)
Taxes
- What you need to know about capital gains taxes. (nytimes.com)
- There is valuable information in your 1099 forms. (morningstar.com)
Behavior
- Achieving financial independence is as much a psychological challenge as financial one. (monevator.com)
- There's really no alternative to 'getting rich slowly.' (bunker-riley.com)
- On the importance of saving some of your raises. (retirementfieldguide.com)
- How to identify your financial blindspots. (indeedably.com)
Planning
- Planning is useful even if your plans don't pan out. (humbledollar.com)
- Nine money principles including 'Automate as much as possible.' (mr-stingy.com)
- The key to building long term wealth is being an owner not a lender. (retirementfieldguide.com)
Personal finance
- Three major myths about retirement including "The quality of your retirement depends on how much money you have." (incognitomoneyscribe.com)
- How to use a margin loan for short-term borrowing. (mrmoneymustache.com)
- Six things to consider when selling your house in 2021. (housingwire.com)
- What is a single-premium immediate annuity? (whitecoatinvestor.com)
- What you need to know about student loan forbearance right now. (thomaskopelman.com)
- Steps to take to settle an estate. (bloombergquint.com)
- How to lower your cellphone bill. (wired.com)
