Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at Americans priced out of the new car market.
Quote of the Day
"The tantalizing offer of rewards can make it easy to justify overspending, which, let’s be honest, is the psychological trap into which credit card issuers hope we all fall."
(Erin Lowery)
Podcasts
- Peter Lazaroff on the problem with bond index funds. (peterlazaroff.com)
- Morgan Housel talks about some impactful ideas, succinctly stated. (open.spotify.com)
Housing
- People looking to buy a house right now have three options. (awealthofcommonsense.com)
- Moving comes with a whole host of unexpected costs. (blairbellecurve.com)
- What does it really cost to own a home? (thomaskopelman.com)
- Your home improvements are not an investment. (humbledollar.com)
Books
- Five books for investing novices including "The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing" by Michael J. Mauboussin. (shepherd.com)
- A positive review of "The Simple Path to Wealth" by JL Collins. (bankeronwheels.com)
Baby bonds
- Why Baby Bonds, if managed properly, is a great idea. (tonyisola.com)
- Connecticut is set to launch its baby bonds program. (bloomberg.com)
Aging
- 10 things we get rid of as we age. (physicianonfire.com)
- There are a lot of ways older Americans can be taken advantage of. (humbledollar.com)
Financial independence
- Financial independence means different things for different people. (genyplanning.com)
- Money buys independence: the 16 levels of wealth. (collabfund.com)
Personal finance
- Investment outperformance doesn't matter if you don't meet your goals. (rogersplanning.blogspot.com)
- How a checklist can help keep you on track. (contessacapitaladvisors.com)
- When you change your situation for the better, don't be surprised everyone isn't on board. (moneytalks101.substack.com)
- Don't make the mistake of thinking about Social Security as an investment. (financialducksinarow.com)
- How to make doing your taxes easier next year. (savantwealth.com)
- How does ChatGPT do with personal finance questions? (humbledollar.com)
- Don't let credit card rewards drive your spending. (wapo.st)
