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)
Savings
- Good savings habits compound over time. (awealthofcommonsense.com)
- Why it's so important to start saving early in your career. (tonyisola.com)
- Is socking money away for children always a good idea? (wealthfoundme.com)
- Money can only move the happiness needle so much. (humbledollar.com)
CDs
- CDs were a great deal in the 1980s. They once again don't suck. (awealthofcommonsense.com)
- How to build a CD ladder. (whitecoatinvestor.com)
Investing
- How to avoid investment complexity. (morningstar.com)
- What lessons can investors take away from the demise of SVB? (forbes.com)
- Wealthy individuals don't like the state of Washington's new capital gains levy. (citywire.com)
Wealth
- Why the rich and famous are often not all that happy. (awealthofcommonsense.com)
- Generational wealth is not all it is cracked up to be. (ofdollarsanddata.com)
- Two things that people who come into money need to do. (contessacapitaladvisors.com)
Housing
- Second homes, even bought for good reasons, are a financial drag. (humbledollar.com)
- Paying off a 3% mortgage these days is a tough ask. (kiplinger.com)
College
- What's changing in this year's FASFA process. (thecollegefinanciallady.com)
- How to appeal a college financial aid award. (thecollegefinanciallady.com)
Personal finance
- Real luxury goods are nothing like a high end handbag. (morningstar.com)
- There is a difference between being poor and feeling poor. (moretothat.com)
- How to think about Social Security payments. (humbledollar.com)
- Why building a meaningful life prior to retirement is the key. (owens-newsletter-a63d69.beehiiv.com)
- How to come back from a financial setback. (millionstories.com)
- When should you step out of your comfort zone and when should you essentially index? (abnormalreturns.com)
- The case for the simple walk around the neighborhood. (moneytalks101.substack.com)