Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the trade-off between time and money.
Quote of the Day
"If I had to guess it’s going to be years until we see anything approaching a “normal” housing market. We simply didn’t build enough homes following the last housing crash to meet the demand coming from millennials reaching their household formation years."
(Ben Carlson)
Chart of the Day
There is a huge gap between how Americans feel about their own lives and the direction of the country.
Podcasts
- Peter Lazaroff talks with Brian Portnoy about the difference between being rich and wealthy. (peterlazaroff.com)
- Michael and Ben take listener questions including the dangers of leveraged ETFs and much more. (theirrelevantinvestor.com)
- Daniel Crosby talks with Emily Guy Birken author of "Stacked: Your Super Serious Guide to Modern Money Management?" (standarddeviationspod.com)
Housing
- Lessons learned from buying a house for the first time including 'Property taxes can add quite a bit to your monthly mortgage payments.' (realtor.com)
- Mortgage rates are at their highest level in nearly two years. (marketwatch.com)
- The longer you live in a house, the less the timing matters. (theatlantic.com)
Investing
- Indexing is an exercise in humility. (humbledollar.com)
- Why investing like your neighbors is not that crazy. (ofdollarsanddata.com)
- How investing is like a journey by train. (thefinancialbodyguard.com)
Personal finance
- On the psychology of saving more money. (caniretireyet.com)
- How much support for adult children is too much? (mrmoneymustache.com)
- The danger of slowing down in retirement. (humbledollar.com)
- Three videos to get on the path towards financial independence including 'The Minimalists.' (bankeronwheels.com)
- Are you seeking out 'impossible things' to do? (theescapeartist.me)
- How to negotiate your salary effectively. (thomaskopelman.com)
- Not all student loan debt is created alike. (humbledollar.com)
- How much, if any, life insurance do you need? (humbledollar.com)
