Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the unique planning needs of solopreneurs.
Quote of the Day
"Instead of wasting breath on the macro headline of the day, investors would be better off focusing on understanding their current situation the best they can with the information at hand and investing accordingly."
(Ted Lamade)
Chart of the Day
What is going to happen to home prices if mortgage rates stay above 6%? (chart via YCharts)
Podcasts
- Christine Benz and Jeff Ptak talks with Jamie Hopkins of Carson Wealth about some common retirement planning questions. (morningstar.com)
- Peter Lazaroff talks with Ben Carlson about questions that spreadsheets can't necessarily answer. (peterlazaroff.com)
- Dan Kemp and Ollie Smith talk with Joe Wiggins author of the new book "The Intelligent Fund Investor." (morningstar.com)
Rest
- Khe Hy, "We’ve completely abandoned the concept of leisure and rest – because they are, by definition, unproductive." (radreads.co)
- Rest is doing something that will not move your goals forward. (moretothat.com)
- Why you shouldn't optimize your downtime. (hulry.com)
Banks
- Americans are losing out on interest by not switching from the big banks. (wsj.com)
- Safe deposit boxes are getting phased out. (thehustle.co)
- How American consumers are using BNPL services. (papers.ssrn.com)
Unncessary risks
- There's nothing noble in taking unnecessary risks. (dariusforoux.com)
- You don't have to get rich twice. (awealthofcommonsense.com)
HNW
- Why you should be wary of imitating high status people. (robkhenderson.substack.com)
- The ultra-rich are now buying their own submarines. (ft.com)
- Who really benefits from 529 plans? (nytimes.com)
Planning
- Doug Boneparth, "Cash flow lives at the heart of financial organization." (thisisthetop.substack.com)
- 2022 is ripe with tax loss harvesting opportunities. (morningstar.com)
- 20 thing to do before year-end. (whitecoatinvestor.com)
Personal finance
- Tony Isola, "You can’t change the markets, but you can change yourself." (tonyisola.com)
- What kind of financial bubble are you living in? (mrmoneymustache.com)
- Lessons learned from the late Jon Boorman. (spilledcoffee.substack.com)
- Staying in the workforce solves a lot of problems. (humbledollar.com)
- We all make financial mistakes. (whitecoatinvestor.com)
