Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some common misunderstandings about personal finance.
Quote of the Day
"Investing is hard because the risk-adjusted way to "win" is to index and chill while someone, somewhere, hits the lottery every single day."
(Jack Raines)
Retirement
- Why you need a diversified life portfolio in retirement. (wsj.com)
- Why you want to have options in retirement. (kiplinger.com)
- Everybody wants the FI in FIRE. (bestinterest.blog)
Giving up
- How to de-prioritize activities that don't serve you. (genyplanning.com)
- Why you should choose simplicity over complexity: the case against FSAs. (abnormalreturns.com)
- This startup site is designed to provide people with information about divorce. (msn.com)
New year
- Ten words for 2023 including 'Simplify.' (humbledollar.com)
- A New Year's financial checklist. (kindnessfp.com)
Personal finance
- Early in your life savings far outweighs investing. (ofdollarsanddata.com)
- There's no upside in resenting wealthy people. (evidenceinvestor.com)
- Why you should think about 'investing' your time instead of 'spending' it. (wsj.com)
- Why we need to prepare for predictable disasters. (bestinterest.blog)
- The return on certificates of deposit are once again worth a look. (marketwatch.com)
- Eight self-help books that stood the test of time including "Anxious Eaters: Why We Fall for Fad Diets" by Janet Chrzan and Kima Cargill. (theatlantic.com)
- Check fraud is a growing problem. (obliviousinvestor.com)
