Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why people prefer owning a house vs. renting.
Quote of the Day
"Where do you want to fall on the spectrum of [retirement] preparedness? That’s totally your call. There is no correct answer in general, but only a correct answer for you."
(Jesse Cramer)
Podcasts
- Khe Hy talks about how to quit a high-paying, high-powered job. (podcasters.spotify.com)
- Sam Dogen talks with Emily Luk, Co-Founder and CEO of Plenty, a wealth platform for today's modern couples. (sites.libsyn.com)
- Daniel Crosby reads a chapter from his new book "The Soul of Wealth." (standarddeviationspod.com)
- Peter Lazaroff on investing at all-time stock market highs. (peterlazaroff.com)
- Morgan Housel on the art of spending money. (open.spotify.com)
Taxes
- What happens if you don't file and/or pay your taxes. (financialducksinarow.com)
- Who pays taxes on Social Security benefits? (morningstar.com)
- The upside of a qualified charitable distribution or QCD. (whitecoatinvestor.com)
Aging
- These are the four phases of retirement. (theretirementmanifesto.com)
- What you need to know about health care if you retire before age 65? (wsj.com)
- Companies need to be more flexible when it comes to retirement. (marketwatch.com)
- A lot of grandparents help take care of small children. (crr.bc.edu)
- The issues that ensue when one spouse goes into a nursing home. (nytimes.com)
- A record number of Americans are going to turn 65 over the next few years. (wsj.com)
Spending
- High housing and transportation costs will wreck your finances. (awealthofcommonsense.com)
- Don't borrow for discretionary purchases. (msn.com)
- Is Amazon ($AMZN) Prime really worth $139 a year? (wsj.com)
- A few thoughts on spending money. (collabfund.com)
Lists
- 25 investing mistakes to avoid including 'not diversifying.' (dariusforoux.com)
- 3 overrated things in personal finance. (ofdollarsanddata.com)
- 17 thoughts about money. (awealthofcommonsense.com)
Personal finance
- Tony Isola, "People only possess real wealth if they spend their days doing meaningful things." (tonyisola.com)
- Our relationship with stuff is more complicated than it looks on first glance. (rootofall.substack.com)
- Why some financial decisions are more impactful than others. (humbledollar.com)
- Insurance is hedging against bad luck. (contessacapitaladvisors.com)
- Don't let money rule your life. (bestinterest.blog)