Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to use and HSA in retirement.
Quote of the Day
"In short, financial experts like Ramsey and Orman are investment politicians. As with their Beltway cousins, the secret to their success comes from appearing accurate rather than being so."
(John Rekenthaler)
Podcasts
- Barry Ritholtz talks with Michael Mauboussin about why it is so hard to buck the crowd. (ritholtz.com)
- Claer Barrett talks with Morgan Housel about his book "Same As Ever." (ft.com)
- Jim O'Shaughnessy talks with Jared Dillian about his new book "No Worries: How To Live a Stress-free Financial Life." (infiniteloopspodcast.com)
- Khe Hy talks with Manisha Thakor about separating your self-worth from your net-worth. (podcasts.apple.com)
- Peter Lazaroff on the challenge in setting financial resolutions. (peterlazaroff.com)
Retirement
- On the importance of having a purpose in retirement. (humbledollar.com)
- Being forced into retirement before you are ready is a big problem. (rogersplanning.blogspot.com)
- Five things you need to know before retirement. (theretirementmanifesto.com)
- As you get older your skills change. Act accordingly. (tonyisola.com)
Spending
- Jesse Cramer, "A poor understanding of your expenses (your spending!) is both common and near-impossible to overcome." (bestinterest.blog)
- The world is constantly telling you need to buy more stuff. (vox.com)
- Your spending reflects your values. (secondlifefp.co.uk)
Work
- When stepping back from a corporate job makes sense. (slate.com)
- How to streamline your wardrobe without wearing the same thing every day. (slate.com)
Financial plans
- Your financial plan should start with your goals. (thefinancialbodyguard.com)
- Why financial goals need to have a why behind them. (peterlazaroff.com)
- Why financial plans eventually become obsolete. (marknewfield.substack.com)
Personal finance
- There are parallels between health and personal finance, but there is one big difference. (awealthofcommonsense.com)
- What to do if you have already won the game. (bestinterest.blog)
- 15 tips on how to be rich including 'Learn to enjoy spending money.' (whitecoatinvestor.com)
- Not every financial decision needs to be 100%. (humbledollar.com)
- A personal margin of safety allows for less stressful life transitions. (awealthofcommonsense.com)
- Five things you can do with your old 401(k) account. (thomaskopelman.com)
- If you get paid by 1099 you need to do more work to manage your tax liabilities. (thomaskopelman.com)
- How Venmo is more than a payment app. (thejointaccount.beehiiv.com)
- The case for keeping things simple. (humbledollar.com)