Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how reduce sequence of returns risk.
Quote of the Day
"Ultimately, whether you decide to rent or buy a home is a completely personal decision. You don’t need to justify it to anyone but yourself. Even though there are societal pressures to buy (vs. rent), that doesn’t mean that it’s right for you."
(Nick Maggiulli)
Podcasts
- Joe Weisenthal and Tracy Alloway talk with Amias Gerety and RJ Lehmann about the home insurance situation in California and Florida. (bloomberg.com)
- Jonathan Fields talks with Morgan Housel author of "Same As Ever: A Guide to What Never Changes." (goodlifeproject.com)
- Tim Ranzetta talks with JL Collins author of "Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence―And How to Join Them." (podcasts.apple.com)
- Meb Faber talks with Tim Ranzetta is the Founder of Next Gen Personal Finance about spreading financial literacy education. (mebfaber.com)
Real estate
- The rent vs. buy decision comes down to this. (ofdollarsanddata.com)
- Four reasons why there is nothing passive about investing in real estate. (morningstar.com)
- How the math on early mortgage payments work. (humbledollar.com)
Investing
- Five steps to building a better, more streamlined portfolio. (morningstar.com)
- Your portfolio shouldn't give you anxiety. (bestinterest.blog)
Opportunity costs
- A lot of things in life have hidden associated costs. (mr-stingy.com)
- Everything has an opportunity cost, everything. (abnormalreturns.com)
Personal finance
- Why we should talk about money more freely. (dariusforoux.com)
- At various stages in our financial lives we need to look ahead. (humbledollar.com)
- A long-term financial plan needs follow-through and patience. (financialducksinarow.com)
- How retirement is like a second childhood. (humbledollar.com)
- A Q&A with Scott Rick author of "Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships." (thejointaccount.beehiiv.com)
- The IRS now has an alternative to TurboTax. (msn.com)