Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some simple money rules.
Investing
- Investors likely have a lower risk tolerance than they think. (wsj.com)
- Diversified portfolios don't need to own EVERYTHING. (awealthofcommonsense.com)
- Six reasons why individual investors underperform. (alephblog.com)
- The dangers of investing in art. (bloomberg.com)
Advisors
- Why VCs are pouring money into robo-advisor startups. (wsj.com)
- Robo-advisors are focused today on the accumulation phase but in the future the distribution phase is in play. (advisorperspectives.com)
- A profile of The Mutual Fund Store. (investmentnews.com)
- Ten Wall Street pickup lines you should avoid. (maliceforall.com)
Personal finance
- Long-term thinking is great, but we live in the short term. (pragcap.com)
- Why you should think about money as a tool not something to be (nytimes.com)
- The best ways to save for college. (wsj.com)
- The racial disparities in 401(k) plans. (qz.com)
- Some thoughts on private school tuition costs. (alphaarchitect.tumblr.com)
- Before you move in with your significant other read this first. (blogs.wsj.com)
- How a kid spent thousands online. (assetbuilder.com)