Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the importance of having a purpose in retirement.
Quote of the Day
"We all experience ebbs and flows of money and ease in life, but when we judge our actions against a benchmark set by someone with a lot more money, time, or access than we have, we’re mistaking the entirety of their ease for virtue (and judging our circumstantial limits as character flaws)."
(Katie Gatti Tassin)
Podcasts
- Barry Ritholtz talks investor incompetence with Prof. David Dunning. (ritholtz.com)
- Peter Lazaroff talks with Brad Stulberg, author of "Masters of Change." (peterlazaroff.com)
- Robin Powell talks retirement planning with Justin King author of "The Retirement Café Handbook: Nine Accelerators for a Successful Retirement." (evidenceinvestor.com)
- Frazer Rice talks with Jenny Rozelle about the roles and responsibilities in trust and estate documents. (frazerrice.com)
- Khe Hy on what it means to be a 'post-achievement' professional. (youtube.com)
Retirement
- How to spend your time in retirement guilt-free. (humbledollar.com)
- 25 things to consider for retirement. (whitecoatinvestor.com)
Quotes
- James Clear, “Save more money than you think you need. Life is unexpected and your future tastes will likely be more expensive. Not worrying about money tomorrow is worth more than whatever you could buy today.” (jamesclear.com)
- Maddie Burton, "Building an emergency fund and getting the right kinds of insurance are acts of extraordinary self-kindness." (maddieburton.substack.com)
- Tony Isola, "Adopting conscious spending habits fosters a healthier relationship with money." (tonyisola.com)
Personal finance
- Your 401(k) matters a lot more for your retirement than your coffee habit. (morningstar.com)
- How your career should affect how you invest. (ofdollarsanddata.com)
- More black Americans are participating in the stock market. (wsj.com)
- How AI will make its way into our financial lives. (blairbellecurve.com)
- How many priorities in life can you really focus on? (forbes.com)
- Eight common financial misconceptions including 'Everyone needs life insurance.' (humbledollar.com)
- Five insights from "Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships" by Scott Rick. (nextbigideaclub.com)
- The FIRE movement has things backwards. (wggtb.substack.com)
- Your financial education never really ends. (dariusforoux.com)