Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some things that seem like mistakes but aren’t.
Quote of the Day
"The survival instinct of money is largely a projection of your current attachments, and is used to signify growth or reversion."
(Lawrence Yeo)
Housing
- First-time home buyers are stuck between high prices and rising mortgage rates. (wsj.com)
- Real estate investing is active. Stock market investing need not be. (mrmoneymustache.com)
- Who really makes money on residential real estate? (humbledollar.com)
Investing
- Having a long time horizon is a superpower. (humbledollar.com)
- People typically don't tell you about their investment losers. (whitecoatinvestor.com)
- How a bull market can distract you from your plans. (humbledollar.com)
Family
- A case study of helping a parent, who isn't great with money, set up a retirement plan. (jlcollinsnh.com)
- Teenage jobs can teach any number of lessons. (humbledollar.com)
- Cellphone plan prices are on the rise. (wsj.com)
Planning
- When should you hire a financial advisor? (ofdollarsanddata.com)
- Automating as much of your financial life solves a lot of problems. (realsmartica.com)
- Tony Isola, "Financial plans are a form of creative destruction, serving as a compass, not a map. The changing nature of the planning process creates an ideal location to seek refuge." (tonyisola.com)
Personal finance
- Roger Nusbaum, "Having your health and owning your time doesn't have to require having a lot of money." (rogersplanning.blogspot.com)
- Five things that move the financial needle including 'reverse budgeting.' (thomaskopelman.com)
- A bear market is an opportunity to do Roth IRA conversions. (wsj.com)
- Is imposter syndrome costing you money? (refinery29.com)
