Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what do if you are ‘white knuckling’ your finances.
Quote of the Day
"Personal-finance best sellers succeed by blending theory and psychology in a way that takes human nature seriously and thus deserves the respect of economics professors."
(Derek Thompson)
Retirement
- Dror Poleg, "Telling people you're retired gives you a legitimate, socially-acceptable identity. Saying you're unemployed doesn't." (drorpoleg.com)
- Jim, "Early retirement shouldn’t just be defined as a solution for those who dislike their jobs." (routetoretire.com)
Mortgages
- Higher mortgage rates no longer make paying off a mortgage early a no-brainer. (wsj.com)
- Higher mortgage rates have upended the rent vs. buy decision. (wsj.com)
Student loans
- Don't pay off a spouse's college loans without a prenup. (bloomberg.com)
- Student loan forgiveness is a good time to revisit your financial plan. (morningstar.com)
Investing
- You don't need to buy individual stocks to meet your financial goals. (peterlazaroff.com)
- All the reasons why active investing lags passive. (monevator.com)
- Four questions to ask before going down the ESG investing road. (humbledollar.com)
Personal finance
- Jack Raines, "Experiences are our opportunities to cash in our other forms of wealth for something memorable." (youngmoney.co)
- Be clear what you need when you seek out financial help. (bestinterest.blog)
- There are two kinds of happiness. Choose wisely. (humbledollar.com)
- A key to financial success is flexibility. (monevator.com)
- As equity compensation becomes more important, it makes sense to learn how they work. (wealthfoundme.com)
- The upside of using traditional IRA assets for charitable giving. (wsj.com)
- What to read instead of "Rich Dad, Poor Dad" or "The Millionaire Next Door." (impersonalfinances.com)
