Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what it takes to be considered wealthy today in America.
Quote of the Day
"The truth is that even for a guy who’s spent a vast majority of his waking hours helping others imagine the best way to age, there’s a lot that scares me about getting old."
(Ken Dychtwald)
Podcasts
- Cameron Passmore and Benjamin Felix talk with HBS Assistant Professor Ashley Whillans about how our views of money and experience of time poverty impact our sense of well-being. (rationalreminder.libsyn.com)
- Neil Bage talks with Daniel Crosby author of "The Laws of Wealth" about the emotional aspects of money. (standarddeviationspod.com)
Housing
- Five signs you are ready to downsize your home. (housingwire.com)
- Good luck trying to time the housing market. (awealthofcommonsense.com)
- Don't forget a house is just a house. (getrichslowly.org)
Investing
- The stock market is long-term proposition. (tonyisola.com)
- Eight misconceptions about bonds including "Bonds are better than bond funds as they eliminate interest rate risk." (advisorperspectives.com)
- What can you learn from how professionals invest their own money. (aaii.com)
- Think risk, not returns, when it comes to managing a portfolio. (humbledollar.com)
- Making the case for having a (small) 'mad money' account. (morningstar.com)
Retirement
- How to think about generating income in retirement. (morningstar.com)
- Reverse mortgages are not just for people who have run out of money. (bloomberg.com)
- How to deal with health care costs in retirement. (marketwatch.com)
Personal finance
- It's easy to make financial mistakes if you are trying to show you are smarter than everyone else. (financialpanther.com)
- Some circumstances when you likely need professional financial support like "Sudden wealth." (peterlazaroff.com)
- A key thing you can teach your children is the difference between a need and a desire. (libertywealth.ky)
- Why more states need to mandate personal finance education. (cnbc.com)
- Programs like TurboTax aren't designed to help you learn - they are black boxes. (humbledollar.com)
- When you add them up, a car costs a lot of money. (awealthofcommonsense.com)
