Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the realization that a car is just a car.
Quote of the Day
"I am so optimistic on people solving problems for other people. So much of history is quite simply just that, and with the good actors eventually overcoming the bad actors."
(Rubin Miller)
Career shifts
- Former Peloton ($PTON) CEO John Foley is getting into the rug business. (wsj.com)
- UBS' Chief Risk Officer is becoming a photographer. (ft.com)
Investing
- Rich people don't typically get rich on alternative investments. (ofdollarsanddata.com)
- Ten tips for surviving a bear market including 'You’re not limited to one rebalance.' (wealthfoundme.com)
- Bear markets affect different classes of investors in different ways. (morningstar.com)
- Why news outlets don't like writing about index funds. (evidenceinvestor.com)
Aging
- Blair duQuesnay, "The math for accumulation and savings is very different from decumulation and spending." (blairbellecurve.com)
- How do you know when you have enough money to live your life? (genyplanning.com)
- Simplify your financial life while you can. (humbledollar.com)
- Is grandparenting good for your health? (marketwatch.com)
Personal finance
- Darius Foroux, "Money is not something you own. It’s something you use." (dariusforoux.com)
- Personal finance is simple in practice. Harder in reality. (bestinterest.blog)
- THIS is the golden rule of personal finance. (bestinterest.blog)
- How to set up an automated saving and investment system. (thomaskopelman.com)
- Younger generations are approaching marriage as a 'capstone event.' (wsj.com)
- How to live a 'stealth wealth' lifestyle. (financial-imagineer.com)
- Morningstar ($MORN) rates the best state 529 plans. (morningstar.com)
- Tony Isola, "Widening the space between stimulus and reaction is better than complaining or worrying." (tonyisola.com)
