Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to convert your paper savings bonds into a digital version.
Quote of the Day
"To prosper, one needs industrial quantities of patience, cash and courage—in that order."
(William Bernstein)
Investing
- Every long term investor is by nature an optimist. (dariusforoux.com)
- How to think about asset allocation when you have 'enough.' (morningstar.com)
HNW
- Wealthy families should focus on good money habits if they hope to keep their money over time. (tonyisola.com)
- The skills to retain wealth are different than the skills needed to garner wealth. (humbledollar.com)
- The super-rich don't buy houses they way normal people do. (ft.com)
Housing
- How should you invest your home down payment money? Depends on your time frame and risk profile. (awealthofcommonsense.com)
- The upside of having a HELOC in place before you actually need it. (humbledollar.com)
- A simple guideline for decluttering your house. (becomingminimalist.com)
College
- It's now time to take another look at your student loans. (thomaskopelman.com)
- Seven 529 college savings plans to avoid. (morningstar.com)
Personal finance
- Seven things that seem obvious, but aren't including 'Just because you’re retired doesn’t mean you should claim Social Security.' (humbledollar.com)
- Five estate planning horror stories that will get your attention. (justvanilla.com)
- The upside of going the FIRE route while your kids are still in the house. (budgetsaresexy.com)
- The biggest problem with the U.S. health care system is that even the well-insured don't have 'peace of mind.' (humbledollar.com)
- A guide to someone new to philanthropy. (hunterwalk.com)
- A very specific trick for avoiding lifestyle inflation. (bitchesgetriches.com)
- Time friction is as much a cost as actual dollars. (humbledollar.com)
