Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the impact of rising mortgage rates.
Quote of the Day
"We don’t get to choose when the market sells off. For most of us, this dip in the market is just another aberration on the long journey from start to finish. But for some, this market correction is occurring at a very sensitive time."
(Blair duQuesnay)
Podcasts
- Robin Powell talks with Will Rainey about educating children about money. (podcasts.apple.com)
- Jim Dahle talks FIRE with Dr. Karsten of the Early Retirement Now blog. (whitecoatinvestor.com)
- Tim Ranzetta talks with Patrick Geddes author of "Transparent Investing: How to Play the Stock Market without Getting Played." (ngpf.org)
Books
- Laurence Kotlikoff's "Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life" is two books in one. (advisorperspectives.com)
- An excerpt from "WEALTH SIMPLIFIED: The Secrets of Everyday People Who Retire Richer, Happier, Earlier" by Robert F. Roby. (evidenceinvestor.com)
- A Q&A with Paco de Leon author of “Finance for the People: Getting a Grip on Your Finances.” (bloomberg.com)
- An excerpt from "Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever" by Robin Wigglesworth. (evidenceinvestor.com)
Market correction
- Four reasons you SHOULD be worried during this market correction. (peterlazaroff.com)
- During a market drawdown it's easy to engage in hindsight bias. (wealthfoundme.com)
- A market correction reading list from Josh, Michael, Ben, Barry and Blair. (abnormalreturns.com)
Spending
- Every purchase must be paid for twice, first in dollars, second in time. (raptitude.com)
- Cost and quality are related...up to a point. (physicianonfire.com)
Housing
- What if the housing market boom isn't unsustainable? (nytimes.com)
- On the tradeoff between paying off your mortgage early vs. investing. (monevator.com)
Time vs. Money
- On switching your framework from money to time. (youngmoney.co)
- Your perspective changes when you think in terms of time vs. money. (timevaluemillionaire.com)
Personal finance
- Seven money rules including 'As investors, we are all products of our environments.' (humbledollar.com)
- How big a difference does front-loading your 401(k) contributions make? (ofdollarsanddata.com)
- Ten facts about college admissions that colleges don't want you to know. (tonyisola.com)
- How inherited IRAs work. (humbledollar.com)
- An example of why it pays to speak up for yourself. (getrichslowly.org)
- Retirees are not a homogeneous group. (humbledollar.com)
