Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how home ownership makes us more risk-averse.
Quote of the Day
"One of the greatest joys of getting older is the corrosive side of the striving, the wanting, the envy tends to recede."
(Lucy Kellaway)
Podcasts
- Cameron Passmore and Benjamin Felix talk with Katy Milkman author of "How to Change: The Science of Getting from Where You Are to Where You Want to Be." (rationalreminder.libsyn.com)
- Ramit Sethi talks with a couple who are challenged to spend money. (iwillteachyoutoberich.com)
- Peter Lazaroff on why you 'don't live your life in a spreadsheet.' (peterlazaroff.com)
Retirement
- Why should you take a 'trial run' at retirement. (morningstar.com)
- Money only takes you so far in retirement. (marketwatch.com)
- Just because you take an RMD doesn't mean you should spend it all. (morningstar.com)
Investing
- On the power of 'shut up and wait' as an investment philosophy. (safalniveshak.com)
- SoFi comes out on top of this list of the best robo-advisors. (barrons.com)
- A tale of the tape: TIPS vs. I-Bonds. (caniretireyet.com)
- Direct indexing explained. (morningstar.com)
Annuities
- Rethinking annuity use in retirement. (humbledollar.com)
- Annuities hedge longevity risk. (alephblog.com)
Housing
- The ins and outs of FSBO. (physicianonfire.com)
- Do you need to pay taxes on your home sale? (humbledollar.com)
Insurance
- Even if you have car (and home) insurance you should have an umbrella policy as well. (whitecoatinvestor.com)
- A step-by-step guide to a long term care plan. (morningstar.com)
- Making the case for disability insurance. (whitecoatinvestor.com)
Spending
- BNPL is going to get some people into trouble. (bloomberg.com)
- How meal boxes can actually help some people save money. (monevator.com)
Personal finance
- Why you should take what personal finance gurus say with a grain of salt/skepticism. (thesensiblemerchant.com)
- The easiest way to financial freedom is with higher pay. (jlcollinsnh.com)
- How we feel about money changes over time. (awealthofcommonsense.com)
- Five money habits to ditch including 'Using a credit card as a loan.' (dariusforoux.com)
- Don't forget your financial situation is different than everyone else's. (humbledollar.com)
- Six things you need to know to be financially literate. (wsj.com)
