Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at all the risks we face in retirement.
Quote of the Day
"Not driving a “nice” car can make you feel wealthy, if being wealthy is the ability not to worry about money."
(Douglas Tsoi)
Podcasts
- Christine Benz and Jeff Ptak talk with Fritz Gilbert and Eric Weigel about retirement planning mistakes. (morningstar.com)
- Cameron Passmore and Benjamin Felix talk behavioral finance with Prof. Meir Statman. (rationalreminder.libsyn.com)
- Joe Saul-Sehy and OG talk with Jonathan Clements editor of “My Money Journey: How 30 People Found Financial Freedom and You Can Too.” (youtube.com)
- Morgan Housel talks about the counterintuitive nature of happiness. (open.spotify.com)
Spending
- Four strategies to keep from overspending. (humbledollar.com)
- How to prioritize your spending. (evidenceinvestor.com)
- Costco ($COST) is going to crack down on membership card sharing. (cnbc.com)
Robo-advisors
- Robo-advisors, ranked. (morningstar.com)
- Justin L. Mack talks with Goldstone — a manager of investment research at Condor Capital Wealth Management and co-author of Condor's "Robo Report." (financial-planning.com)
Retirement
- How a Flexible Spending Strategy works in retirement, with some caveats. (ofdollarsanddata.com)
- A first hand tale of un-retirement. (humbledollar.com)
Middle age
- The challenges of getting laid off in your late 50's. (marketwatch.com)
- What to consider when changing careers later in life. (contessacapitaladvisors.com)
Investing
- There is only one true portfolio benchmark. (awealthofcommonsense.com)
- Darius Foroux, "The more you know, the easier it also will be to hire financial professionals later on in your career." (dariusforoux.com)
- More Americans are facing the net investment income tax, or NIIT. (wsj.com)
Personal finance
- America's finances are in pretty good shape. (awealthofcommonsense.com)
- "Die With Zero" recommends a very different trajectory than traditional personal finance. (forbes.com)
- We all have 'money blocks.' (savantwealth.com)
- What is an estate plan? (thomaskopelman.com)
- New parents face their own financial planning challenges. (bestinterest.blog)
- The Private College 529 Plan flies below the radar. (wsj.com)
- Some steps to take if your personal info has leaked onto the web. (humbledollar.com)
