Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how much to spend on a vacation.
Quote of the Day
"In the absence of strong convictions about what you want from life, you will always default to wanting more money."
(Jack Raines)
Podcasts
- Robin Powell talks with Ben Carlson about why the U.S. stock market has held up. (youtube.com)
- Barry Ritholtz talks with Jim O'Shaughnessy about the benefits of a quantitative investment approach. (ritholtz.com)
- Dan Haylett talks with Christine Benz about her new book "How to Retire: 20 Lessons For A Happy, Successful & Wealthy Retirement." (humansvsretirement.com)
- Bogumil Baranowski talks with Dan Haylett about 'retirement rebels.' (podcasts.apple.com)
- Peter Lazaroff talks with Manisha Thakor author of “MoneyZen: The Secret to Finding Your “Enough.” (peterlazaroff.com)
Investing
- There's no magic rule for asset allocation. (awealthofcommonsense.com)
- Four ways to reduce sequence-of-returns risk. (whitecoatinvestor.com)
- Taking on too much risk increases the likelihood you will bail out at some point. (tonyisola.com)
Retirement
- Retirement lessons from Lewis & Clark's expedition. (theretirementmanifesto.com)
- When a mortgage in retirement is a problem. (crr.bc.edu)
Saving for college
- How much should you save in 529 accounts? (bestinterest.blog)
- How do you balance saving for retirement with saving for college? (thecollegefinanciallady.com)
Giving
- How giving with a 'warm hand' is a lifestyle choice. (humbledollar.com)
- The bigger donor advised funds get, the more scrutiny they receive. (theconversation.com)
Taxes
- Earned income? Your child can open a Roth IRA. (flowfp.com)
- Billionaires pay their taxes differently. (vox.com)
Balance
- Tony Isola, "Solitude tends to clarify things and place them into proper perspective." (tonyisola.com)
- Instead of striving for early retirement, why not live a more balanced life right now? (moneywithkatie.com)
- It's easy to forget, but life will never be perfect. (dariusforoux.com)
- What it's like to be a 'post-achievement' professional? (wsj.com)
Personal finance
- Compounding your investments is great, but at some point you need to spend it. (morningstar.com)
- We don't notice when things are getting better. (awealthofcommonsense.com)
- Stuff to talk about before moving in together. (vox.com)
- Why you won't likely regret shedding stuff. (humbledollar.com)
- How Social Security survivor benefits work. (financialducksinarow.com)
- How homebuying is going to change with a new commission regime. (thebasispoint.com)
- A positive take on Morgan Housel's "The Psychology of Money." (thewaiterspad.com)