Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including five reasons to NOT retire early.
Quote of the Day
"The problem I see more often than any other from normal investors I interact with is that the majority of people skip the first step in the process completely. People want to know what to invest in before thinking through what they’re investing for."
(Ben Carlson)
Advisory
- Vanguard is no on track to turn into a wealth management bigfoot. (investmentnews.com)
- What do you need to do to survive in the wealth management industry today? Differentiate yourself. (annual.cfainstitute.org)
- The winners and losers from the fiduciary rule. (wsj.com)
- Many financial mistakes come from trusting advisors too much. (humbledollar.com)
- The ultimate 2017 summer reading list for financial advisors. (kitces.com)
The 2017 Abnormal Returns Campaign
Kids
- Teenagers know squat about money. (bloomberg.com)
- Some unusual things to give your child when they turn 18. (blog.independenceadvisors.com)
- Some good advice for new college graduates. (financialsamurai.com)
Personal finance
- How gender affects savings, risk-taking and spending in retirement. (blogs.cfainstitute.org)
- Getting lucky in life means putting in a lot of hard work first. (whitecoatinvestor.com)
- "There are only three things disallowed as IRA holdings: collectibles, life insurance and S corporation stock." (investmentnews.com)
- Stop looking at your portfolio so often. (retirementresearcher.com)
- Another good reason to take all your vacation time. (moneyish.com)
- Don't let anyone tell you your choices aren't valid. (forbes.com)
- 5 more can't miss personal finance sites. (humbledollar.com)
Planning
- Why you should build your own financial spreadsheet. (monevator.com)
- The biggest retirement planning mistakes. (peterlazaroff.com)
- Some financial to-do list items you could handle on your day off. (nytimes.com)