Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at a review of ten years of early retirement.
Quote of the Day
"Like all baggage, financial baggage is rooted in our formative experiences with money. Childhood experiences with money are particularly powerful."
(@demonetizedblog)
Podcasts
- Steve Levitt talks with Harold Pollack about keeping it simple when managing money. (freakonomics.com)
- Christine Benz and Jeff Ptak talk with Michael Falk about what we get wrong about retirement planning. (morningstar.com)
Investing
- For most people Vanguard is going to remain the lowest cost way to invest. (impersonalfinances.com)
- Four potential downsides to direct indexing including higher costs. (humbledollar.com)
- Why everyone should have an investment policy statement. (humbledollar.com)
- Another entry in the 'How I Invest My Money' genre. (signalee.com)
Process
- When it comes to retirement, precise numbers are a lot less valuable than process control. (rivershedge.blogspot.com)
- The role of luck: why it's important to focus on process and not outcomes. (dariusforoux.com)
Housing
- Housing prices may be high but don't think there's some easy way to hedge against a price decline. (awealthofcommonsense.com)
- It's okay to change your financial beliefs: on paying down your mortgage as quickly as possible. (theirrelevantinvestor.com)
Personal finance
- Seemingly irrational financial decisions can look different through an emotional lens. (forbes.com)
- The problem with being rich is that there's always somebody richer. (awealthofcommonsense.com)
- When you have enough, you start thinking about what else you can do. (millennialmoney.com)
- Everyone has money regrets, the key is fixing what you can. (tonyisola.com)
- Five phone calls that could save you money. (thecollegeinvestor.com)
