Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why index investing is so counterintuitive.
Quote of the Day
"When you have freedom, you have wealth. When you’re rich but you have no freedom, you’re caged."
(Darius Foroux)
Podcasts
- Barry Ritholtz talks with Larry Swedroe about avoiding distractions. (ritholtz.com)
- Katie Gatti Tassin talks with Katy Song of Domain Money about how to break up with your financial advisor. (podcast.moneywithkatie.com)
- Thomas Kopelman and Jacob Turner talk about finding your enough. (podcasts.apple.com)
- Sam Parr talks with the owner of a 24,000 square foot house. (podcasts.apple.com)
Asset allocation
- Small asset allocation shifts don't matter much in the long run. (awealthofcommonsense.com)
- Why asset allocation matters. (humbledollar.com)
- Private equity investments is gaining traction with the HNW crowd. (semafor.com)
Retirement
- Cognitive decline is inevitable. Why you need to plan for it. (abnormalreturns.com)
- It's easy to let your spending fall in retirement. (humbledollar.com)
- Some charts to help you think about retirement. (theretirementmanifesto.com)
- A problem with Medicare Advantage plans. (crr.bc.edu)
Housing
- Why haven't home prices fallen? (ofdollarsanddata.com)
- You're not going to fill the housing gap with single-family homes. (tonyisola.com)
- Why you should always shop around for your mortgage. (marketwatch.com)
- AI is coming to home construction. (wsj.com)
Divorce
- Divorce has long-standing financial ramifications. (moneytalks101.substack.com)
- Estate planning for blended families is tricky. (humbledollar.com)
Books
- Some books financial advisors recommend including "Same as Ever" by Morgan Housel. (wsj.com)
- A review of "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance" by Meir Statman. (blogs.cfainstitute.org)
Personal finance
- 10 benefits of index funds. (whitecoatinvestor.com)
- Should you care if your financial advisor is owned by a PE firm? (barrons.com)
- Why couples could benefit from separate and joint accounts. (theconversation.com)
- A child needs earned income to fund a Roth IRA. (financialducksinarow.com)
- Every financial app represents a privacy risk. (wsj.com)
- Wealth and money are two different things. (dariusforoux.com)
