Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how people are using ChatGPT to get answers to personal finance questions.
Quote of the Day
"A life that dazzles from the outside but feels hollow within is not success."
(Richard)
Podcasts
- Morgan Housel talks with Mel Robbins about his new book "How to Spend Money." (youtube.com)
- Joe Weisenthal and Tracy Alloway talk with Jim Cramer, author of the new book "How to Make Money in Any Market." (podcasts.apple.com)
- Josh Brown talks with Telis Demos of the Wall Street Journal about TikTok, mortgage rates, and credit card spending. (youtube.com)
Retirement
- Why retirees don't spend more. (awealthofcommonsense.com)
- Why the 4% rule is closer to the 5% rule. (ofdollarsanddata.com)
- Three questions you need to answer in retirement. (theretirementmanifesto.com)
- Social Security is major asset for many Americans. (awealthofcommonsense.com)
Housing
- Rate cuts aren't magically going to make homes more affordable. (optimisticallie.com)
- Even 0% mortgage rates wouldn't make houses affordable in these markets. (washingtonpost.com)
Finance
- The price keeps going up for elite credit cards, like the Amex Platinum. (wsj.com)
- Stresses and strains are building up in the home insurance business. (bloomberg.com)
Work
- Career success is conditional. (tim.signaturefd.com)
- What to do if you lose your job. (readthejointaccount.com)
- Young workers want financial help from their employers. (msn.com)
- When should you rollover your 401(k) account to an IRA? (morningstar.com)
Personal finance
- Don't let a steak dinner distract you from your financial plan. (tonyisola.com)
- We don't want stuff, we want that stuff will bring us. (theartofwandering.substack.com)
- In life, compromise, i.e. trade-offs, are inevitable. (meaningfulmoney.life)
- Don't think that you are too smart to get conned. (nytimes.com)
- We can't do it all: how to decide what to outsource. (contessacapitaladvisors.com)
- What to put in your 'When I Die' box. (monevator.com)
- Five insights from Megan Gorman's new book, "All the Presidents’ Money: How the Men Who Governed America Governed Their Money." (nextbigideaclub.com)
- Remembering the late Jonathan Clements. (abnormalreturns.com)
- You can just do stuff. (usefulfictions.substack.com)
