Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why buying and selling a house comes with unique emotions.
Quote of the Day
"What we need with retirement plans, as we do with health care, is simplification, consolidation and uniformity. How great would it be if financial education could focus on just one set of rules?"
(Richard Quinn)
Podcasts
- Dan Harris talks with Morgan Housel author of "The Psychology of Money." (tenpercent.com)
- David Senra on lessons learned from Charlie Munger and Warren Buffett. (joincolossus.com)
Investing
- Ben Carlson, "Saving is far more important the younger you are while investing matters a whole lot more as age and build up your savings." (awealthofcommonsense.com)
- How some self-awareness can help you avoid overtrading. (humbledollar.com)
- What is reinvestment risk? (evidenceinvestor.com)
Retirement
- More people need to think about insuring against longevity risk. (marketwatch.com)
- How timing income in and around retirement is so challenging. (humbledollar.com)
Relationships
- When couples' financial thinking converges over time. (wsj.com)
- Five insights from "Money and Love: An Intelligent Roadmap for Life’s Biggest Decisions" by Myra Strober and Abby Davisson. (nextbigideaclub.com)
- How to discuss a caregiving plan. (nytimes.com)
Simplicity
- Complexity makes reaching your goals harder, not easier. (tonyisola.com)
- Four simple ways to improve your financial health including 'Automate your finances.' (peterlazaroff.com)
- How money rules can focus your attention on things that matter to you. (humbledollar.com)
Personal finance
- Not every financial decision has to be all-or-nothing. (iwillteachyoutoberich.com)
- Some rules of thumb on how much car or house you can afford. (thomaskopelman.com)
- How to use money to avoid unhappiness. (humbledollar.com)
- Financial sophistication plays a big role in who profits off credit card rewards. (ft.com)
- A look under the hood of the Schwab Charitable Fund. (morningstar.com)
- Vanguard's guide to financial wellness. (institutional.vanguard.com)
- No matter how hard you work, there will always be meetings, deadlines, and obligations waiting for you. So take that vacation. (thisisthetop.substack.com)
