Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why you should NEVER respond to a cold call.
Quote of the Day
"I’m a huge advocate for saving money and taking a long-term view when it comes to your finances. But the past year is a stark reminder that the long-term doesn’t always work out like we expect. "
(Ben Carlson)
Housing
- Should you liquidate a portfolio to pay cash for a house? (awealthofcommonsense.com)
- What to know before buying your first home. (peterlazaroff.com)
- There's a mismatch between seniors' desire to live in their homes and the supply of senior-focused housing. (wsj.com)
- How much more will housing affordability deteriorate? (humbledollar.com)
Retirement
- Six things to do to stretch your money in retirement. (humbledollar.com)
- Three big decisions in retirement planning including the 'long term care insurance' decision. (morningstar.com)
- The returns math is working against the current batch of retirees. (morningstar.com)
- Why shifting from saving for retirement to spending in retirement is so difficult. (leisurefreak.com)
Taxes
- There are now apps to help people track their whereabouts for state residency purposes. (nytimes.com)
- Americans spend more time and money on filing their taxes than they need to. Who's to blame? (washingtonpost.com)
Investing
- Worry about your own portfolio, not anyone else's. (evidenceinvestor.com)
- Four good reasons to use a Roth IRA. (humbledollar.com)
- A vote in favor of Vanguard customer service. (humbledollar.com)
- What is a 'tentative portfolio'? (ensofinance.blog)
Family
- Couples often have very different views on money (and life). (indeedably.com)
- Four ways to teach kids about money including 'Have Open Discussions About the Family Budget.' (mullooly.net)
Personal finance
- The power of discipline is only noticed when it disappears. (josephcwells.com)
- There are parallels between losing weight and building wealth. (tonyisola.com)
- The hardest part of personal finance is just getting started. (impersonalfinances.com)
- Five reasons why you won't reach financial independence including experiencing an adverse health event. (incognitomoneyscribe.com)
- How to do your own death cleaning, at any age. (nosidebar.com)