Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why there is not much new under the personal finance sun.
Quote of the Day
"A diversified life is one in which we seek a balanced personal portfolio, with some areas of life yielding satisfaction and fulfilment even when others fall short."
(Dave Ritcey)
Family
- Tony Isola, "Projecting irrational expectations onto your kids and finances is a dangerous game." (tonyisola.com)
- How couples communicate about money is more important than the details. (wsj.com)
- More Americans are entering old age without any family. (nytimes.com)
- How should unmarried couples split expenses? (washingtonpost.com)
- How to talk to your children about money. (joylere.substack.com)
Wealth
- How much wealth does it take to crack the 0.1%? (ritholtz.com)
- Wealth doesn't do you any good if you are burned out. (genyplanning.com)
- Metal credit cards are the new normal. (theatlantic.com)
Investing
- Rubin Miller, "We, and those who may rely on or eventually benefit from our assets, deserve more than us ineffectually winging it." (fortunesandfrictions.com)
- Easy money will always be attractive to people. (dariusforoux.com)
- Does private equity belong in 401(k) plans? (citywire.com)
- After-tax returns are what matter. (bestinterest.blog)
- Tax loss harvesting, 101. (kindnessfp.com)
Housing
- Measuring the returns to residential real estate is difficult. (awealthofcommonsense.com)
- Why buying a house now seems particularly fraught. (theatlantic.com)
Personal finance
- Everybody has regrets. The key is fixing what you can. (contessacapitaladvisors.com)
- Donor-advised funds help simplify your giving. (wsj.com)
- Solopreneurs have their own unique planning needs. (thomaskopelman.com)
- How to look out for your future, more fragile, self. (humbledollar.com)
- Why you should retire more often. (jillianjohnsrud.com)
- Some recent personal finance books worth checking out including "After the Death of Your Spouse" by Mike Piper. (humbledollar.com)
- Luck matters more than you think. (humbledollar.com)
