Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at whether Amazon Prime is still worth it.
Quote of the Day
"Human beings aren’t spreadsheets. Create a plan that works for you, not a questionnaire."
(Tony Isola)
I Bonds
- I Bonds are the new meme stocks. (wsj.com)
- The Treasury Direct platform is a hot mess. (impersonalfinances.com)
529 plans
- Can you save too much for college? (humbledollar.com)
- There are now more options for leftover 529 plan funds. (wsj.com)
Sequence of returns
- Not all is lost if the stock market is down when approaching retirement. (morningstar.com)
- A visualization of why sequence of returns matters, even if it is luck. (thewaiterspad.com)
Financial independence
- Stress testing a portfolio in retirement can give you some comfort. (compoundadvisors.com)
- Eight things to do with financial independence instead of retiring early. (whitecoatinvestor.com)
Comparisons
- Don't anchor on past portfolio values. (mymoneyblog.com)
- Stop comparing yourself to others. (dariusforoux.com)
Personal finance
- The gap between individual well-being and perceptions of society keep growing. (getrichslowly.org)
- Consumers have a lot of extra home wealth to tap. (cnbc.com)
- Four toxic beliefs about money including 'I can start being happy only when I’m making more money." (dariusforoux.com)
- The financial services industry runs on BS. (monevator.com)
- It's never too late to start giving to charity. (whitecoatinvestor.com)
- Careers are a marathon, not a sprint. (morningstar.com)
- Why budgeting often backfires. (vox.com)