Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how sudden wealth can change us.
Quote of the Day
"Whenever possible, create automated, repeatable systems for your biggest financial priorities."
(Maddie Burton)
Avoiding ruin
- Building wealth means avoiding ruin. (dariusforoux.com)
- Don't borrow money to invest. (abnormalreturns.com)
Investing
- Successful investing is boring. (onveston.substack.com)
- Why 'Is now a good time to invest?' is the wrong question. (monevator.com)
- You can't invest if you don't save. (awealthofcommonsense.com)
- Why active management fails. (peterlazaroff.com)
Retirement
- 'Work longer' as retirement advice doesn't work for everyone. (marketwatch.com)
- Doing the math on an annuity in retirement. (morningstar.com)
- Retirees now need to consider climate change when it comes to relocating. (nytimes.com)
Personal finance
- The high that comes from consumerism is short-lived. (becomingminimalist.com)
- You career is just one part of your identity. (every.to)
- Why good health is important not just for you but future generations. (tonyisola.com)
- True wealth isn't necessarily financial in nature. (awealthofcommonsense.com)
- Not everyone is meant to be their own boss. (washingtonpost.com)
- Don't discount the cash costs of keeping pets. (humbledollar.com)
- There are five levels of wealth. (physicianonfire.com)