Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the state of car buying in America.

Quote of the Day

"So if you just bought a house, how much should you expect it to appreciate? Only a little bit more than the rate of inflation in your area, with the understanding that it could very well be less."

(Charlie Bilello)

Chart of the Day

Americans have a healthy amount of home equity these days.