Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why even a dedicated DIYer may need a financial planner.
Quote of the Day
"Drafting estate documents is like customizing a personal pizza. There’s a standard crust—executor, beneficiaries, trusts—to which you add your own toppings."
(Paul Ollinger)
Carl Richards
- Meb Faber talks with Carl Richards, author of "Your Money: Reimaging Your Wealth with 101 Simple Sketches." (podcasts.apple.com)
- Christine Benz talks with Carl Richards, author of "Your Money: Reimaging Your Wealth with 101 Simple Sketches." (morningstar.com)
- Peter Lazaroff talks with Carl Richards, author of "Your Money: Reimaging Your Wealth with 101 Simple Sketches." (peterlazaroff.com)
Podcasts
- Barry Ritholtz talks with Morningstar's Jeff Ptak about why investors underperform their own investments. (ritholtz.com)
- Thomas Kopelman talks with Zach Ashburn about the intersection of financial planning and personal freedom. (podcasts.apple.com)
- Katie Gatti Tassin talks mini-retirements with Jillian Johnsrud, author of "Retire Often: How anyone can take multiple career breaks to unlock adventure, advance their career, and find financial." (moneywithkatie.com)
Investing
- Young Americans are increasingly investing in the stock market. (awealthofcommonsense.com)
- Nine things to know about investment returns. (whitecoatinvestor.com)
Housing
- America's new millionaires are increasingly illiquid as their houses increase in value. (awealthofcommonsense.com)
- House price appreciation really depends on where you live. (washingtonpost.com)
- When moving in retirement generates regret. (nytimes.com)
- Upscale mountain housing communities are swapping skiing for golf courses. (wsj.com)
Wealth
- Money is a tool, not a goal. (meaningfulmoney.life)
- Why the wealthy often feel reluctant to get off the hedonic treadmill. (ofdollarsanddata.com)
Stuff
- Getting rid of stuff can be expensive. So be careful acquiring stuff in the first place. (permanentequity.com)
- A positive review for "The Art of Frugal Hedonism: A Guide to Spending Less While Enjoying Everything More" by Annie Raser-Rowland and Adam Grubb. (thewaiterspad.com)
- 15 things to pitch from your garage, including 'Old holiday decor.' (artofmanliness.com)
Personal finance
- What to do if you get laid off. (moneychangeseverything.substack.com)
- Every couple's money story is unique. (readthejointaccount.com)
- How to avoid self-sabotaging your financial life. (tonyisola.com)
- Financial planning is way too retirement-centric. (tim.signaturefd.com)
- In retirement you need a reason to get out of bed. (theretirementmanifesto.com)
- Lessons learned from drafting an estate plan. (words.paulollinger.com)
- The battle for high-end credit card customers is on. (bloomberg.com)
- How Millennials should respond to their financial challenges. (ofdollarsanddata.com)
- How to use a password manager. (monevator.com)
