Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the case for simplifying your financial life as you age.
Quote of the Day
"To survive a stock market crash, you don’t need a brilliant investment mind. Instead, all that’s required are tenacity, an awareness of market history and enough cash to cover upcoming expenses, so you aren’t forced to sell stocks at the worst possible time."
(Jonathan Clements)
Podcasts
- Cameron Passmore and Felix Benjamin talk the science of happiness. (rationalreminder.ca)
- Jacob Taylor talks with William Green author of "Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life." (fivegoodquestions.libsyn.com)
Retirement
- The pandemic helped cause a tick up in early retirement in the U.S. (nytimes.com)
- How to save for retirement if we don't have any idea where tax rates will be in the future. (humbledollar.com)
- Some common Social Security claiming mistakes. (wsj.com)
- How to use a safe and investment portfolio to manage retirement. (obliviousinvestor.com)
- Things to keep in mind if retiring early. (cnbc.com)
Housing
- How to buy and sell a house at the same time. (peterlazaroff.com)
- Four lessons from moving houses in retirement. (humbledollar.com)
Habits
- Tony Isola, "Avoiding big mistakes is more important than being a Financial Ninja." (tonyisola.com)
- You don't have to go full-on minimalist to benefit from a different mindset. (thefrug.com)
- Building wealth is all about habits. (dariusforoux.com)
Personal finance
- Why Millennials are struggling to get ahead financially. (awealthofcommonsense.com)
- Tax law changes are coming, but don't jump before we know what's happening. (morningstar.com)
- 11 mistakes younger parents make with their money including 'Not getting estate planning documents done.' (thomaskopelman.com)
- On the psychological benefits of holding a big slug of cash. (humbledollar.com)
- The best financial plan is the one you actually start. (impersonalfinances.com)
- Never respond to a cold call. Never. (monevator.com)