Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why cash is no longer trash.
Quote of the Day
"We can’t hedge everything in life. At some point we have to take some actual risk."
(Nick Maggiulli)
Chart of the Day
Whoever short term Treasury instruments are boring? (chart via @ycharts)
Podcasts
- Morgan Housel talks about the impact of our lifestyle decisions. (open.spotify.com)
- Christine Benz and Jeff Ptak talk with Robert Powell about generating income in retirement. (morningstar.com)
Banking
- Eight questions about the banking panic of 2023 including 'Is my money safe?' (awealthofcommonsense.com)
- Too many people are missing out on higher cash yields. (thisisthetop.substack.com)
- Consumers are piling into CDs. (wsj.com)
Retirement
- Retirement planning is a moving target. (humbledollar.com)
- Retirement is, in part, about declaring career victory. (humbledollar.com)
Advice
- How to fire your financial advisor in four steps. (kindnessfp.com)
- When does it make sense to get help with your taxes? (wsj.com)
- How poorly drafted legal documents can land you in trouble. (humbledollar.com)
- Don't rely on ChatGPT to answer your personal finance questions. (morningstar.com)
Happiness
- Comparison is a happiness killer. (awealthofcommonsense.com)
- Money does buy happiness, with one big caveat. (ritholtz.com)
- How to savor life's little (and big) moments. (contessacapitaladvisors.com)
Personal finance
- Early retirement doesn't mean you shouldn't fund your retirement accounts. (thomaskopelman.com)
- The financial services industry spends A LOT on lobbying. (tonyisola.com)
- What you need to know about check fraud. (nytimes.com)
- What to need to know before decamping abroad. (genyplanning.com)
- How to compare college financial aid awards. (thecollegefinanciallady.com)
