Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the pros and cons of owning a rental property.
Quote of the Day
"Most decisions aren’t made on a spreadsheet, where you just add up the numbers and a rational answer pops out."
(Morgan Housel)
Podcasts
- Morgan Housel on how fragile the world can be. (open.spotify.com)
- Annie Duke talks decision making with Steven Pinker. (alliancefordecisioneducation.org)
- Joe Wiggins and Paul Richards talk about how regret affects our decision making. (podcasts.apple.com)
Housing
- How to save for the biggest purchase in your life: a house. (ofdollarsanddata.com)
- Don't underestimate the upfront costs of buying a house. (thomaskopelman.com)
Estate planning
- Four lessons learned about estate planning from Whitney Houston's will. (wealthfoundme.com)
- Seven steps to building an estate plan. (morningstar.com)
- When to revise your estate plan. (savantwealth.com)
Retirement
- Five books about retirement including "Die With Zero" by Bill Perkins. (kiplinger.com)
- How to set the stage for someone to take over your finances as you age. (nytimes.com)
- What stuff Medicare misses. (humbledollar.com)
Psychology
- We've all got our own issues with money. (awealthofcommonsense.com)
- There is no one-size-fits-all solution for solving for 'enough.' (stevesanduski.com)
- On the power of using micro-experiments to explore your interests and passions. (allaboutyourbenjamins.com)
Personal finance
- How to break the self-storage cycle. (marketwatch.com)
- Who needs a prenup? It's not just the wealthy. (theconversation.com)
- How much should you save in your child's 529 plan? (flowfp.com)
- Why young people should have an 'ownership' mentality. (tonyisola.com)
- Everybody's definition of happiness is different. (humbledollar.com)
- Wealth is ability to control your time. (investmenttalk.co)
