Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the one good reason to buy a house versus renting.
Quote of the Day
"Money plays an important role in life, but it can't be the only filter for how you decide to spend your time. Nobody will ever pay you to go on a date with your spouse or take your kids to the park or grab coffee with your parents."
(James Clear)
Podcasts
- Morgan Housel talks about the importance of 'playing your own game.' (open.spotify.com)
- Christine Benz and Jeff Ptak talk with James Choi about personal financial advice and the importance of defaults. (morningstar.com)
Wealth
- Baby Boomers control a majority of American wealthy, but it's concentrated in a minority. (awealthofcommonsense.com)
- Being wealthy is about not worrying about money. (awealthofcommonsense.com)
Retirement
- How much of the things on your retirement to-do list do you really want to do? (humbledollar.com)
- What we can learn about retirement from pro athletes. (thomaskopelman.com)
Also on the site
- As it is with most things in life, the answer to the homeownership question is: it depends. (abnormalreturns.com)
- Don't pooh-pooh the digital resources available at your public library. (abnormalreturns.com)
- When non-profits forget who they were set up to serve. (abnormalreturns.com)
Personal finance
- Jeremy Walter, "Enough is less of a destination and more of a realization." (calibratingcapital.com)
- Five signs you need a financial advisor including experiencing a big life event. (genyplanning.com)
- What happens when you roll Roth 401(k) balances into a regular Roth IRA account? (obliviousinvestor.com)
- Do you still carry cash? If so, how much? (wsj.com)
- More people are getting cremated. What comes next? (washingtonpost.com)
- Do you need personal cybersecurity insurance? (wsj.com)
