Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how taxes affect the behavior of billionaires.
Quote of the Day
"Your rewards are meant to be used. While it’s tempting to hoard points, it’s important to remember that points are a shared resource meant to enhance your life together; not a personal stockpile for the future."
(Doug and Heather Boneparth)
Podcasts
- Brett McKay talks with Jared Dillian author of "No Worries: How to Live a Stress-Free Financial Life." (artofmanliness.com)
- Cameron Passmore and Benamin Felix talk with Scott Galloway author of "The Algebra of Wealth: A Simple Formula for Financial Security." (rationalreminder.libsyn.com)
- Barry Ritholtz talks with Larry Swedroe about the challenge of stock picking. (ritholtz.com)
- Mike Wallberg talks with Meir Statman author of "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (blogs.cfainstitute.org)
- Christine Benz and Amy Arnott talks with Greg McBride who is chief financial analyst for Bankrate.com. (morningstar.com)
- Thomas Kopelman and Jacob Turner talk about the real costs of home ownership. (podcasts.apple.com)
Books
- Why Meir Statman wrote “A Wealth of Well-Being: A Holistic Approach to Behavioral Finance.” (advisorperspectives.com)
- The 7 best retirement books including "More Than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More Than You Need" by Mike Piper. (morningstar.com)
Retirement
- Three tips to improve your retirement including 'Pursue serendipity.' (theretirementmanifesto.com)
- On the surface, early retirement seems great. Then reality sets in. (nytimes.com)
- The longevity challenge in retirement. (humbledollar.com)
- Doing nothing is hard work. (tonyisola.com)
Housing
- Why young people are finding it difficult to buy a house. (ofdollarsanddata.com)
- More people are paying capital gains taxes on their house sale. (wsj.com)
- Just because your home town isn't on a 'top 10' list doesn't mean it isn't a nice place to live. (humbledollar.com)
Personal finance
- There are no set rules in personal finance. (awealthofcommonsense.com)
- How to find that sweet (income) spot. (mr-stingy.com)
- Spending without guilt is harder than you think in practice. (moneywithkatie.com)
- Peter Lazaroff on how to choose between a traditional and a Roth 401(k). (peterlazaroff.com)
- A paid off mortgage seems to be a prerequisite for financial freedom. (ft.com)
- Estate planning is all about tradeoffs. (humbledollar.com)
- When RMDs are a problem. (rogersplanning.blogspot.com)
- Life transitions are hard. (contessacapitaladvisors.com)