Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some tips on how to spend without regrets.
Quote of the Day
"The great irony is that overconfident investors set themselves up to underperform compared with the market and their peers because the more often you trade, the more likely you are to make costly mistakes."
(Sarah Newcomb)
Podcasts
- Brett McKay talks with Nick Maggiulli about his book "Just Keep Buying: Proven Ways to Save Money and Build Your Wealth." (artofmanliness.com)
- Six questions you should ask your financial advisor, including 'If something happens to you, who will take over my account?' (peterlazaroff.com)
Housing
- There is a lot about our financial lives we can't control, including home prices. (awealthofcommonsense.com)
- The rising value of land is responsible for almost all of the surge in home values in recent decades. (wsj.com)
- A study shows remote work drove some 60% of the run up in home prices. (wealthmanagement.com)
- Average mortgage rates are exactly that, an average. Your mileage may vary. (wsj.com)
- A home is a bundle of things, not just a house with a mortgage attached. (abnormalreturns.com)
- Don't expect a home inspector to find everything. (humbledollar.com)
Children
- Why we need to help children get off to head start with a good credit rating. (tonyisola.com)
- Parents are sacrificing themselves on the altar of youth sports. (humbledollar.com)
- Supporting adult children is now the norm in the U.S. (washingtonpost.com)
Spending
- TEE, "Plugging the leaks in your spending bucket and saving money is super-important but don’t be penny-wise, pound-foolish." (theescapeartist.me)
- When you stop buying 'stuff' you have more room to donate to charity. (onefrugalgirl.com)
- 12 lessons learned from "Buy This, Not That: How to Spend Your Way to Wealth and Freedom." (mr-stingy.com)
Humility
- Ben Carlson, "You could argue the more successful you become, the more advice you should seek from others." (awealthofcommonsense.com)
- Stop trying to optimize your life, because you will fail. (ofdollarsanddata.com)
- We are not very good at predicting what will make us happy. (sciencedaily.com)
Personal finance
- Bear markets are where wealth is built. (thereformedbroker.com)
- Why you shouldn't regret investing a lump sum. (whitecoatinvestor.com)
- For all intents and purposes, 70 is full Social Security retirement age. (marketwatch.com)
- Seven important lessons about retiring successfully. (humbledollar.com)
- Which habits consumers are going to keep from the pandemic. (rootofall.substack.com)
- Which debt should you pay off first? (bestinterest.blog)
- Habits compound. (humbledollar.com)
