Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how parents are weaning their adult children off the payroll.
Quote of the Day
"We’re all human. Don’t be too hard on yourself when you try and break even on a stock but watch it drip lower, or when you decide not to buy a stock and then watch it rip higher. These things happen to everyone."
(Michael Batnick)
Podcasts
- Barry Ritholtz talks with Jeffrey Hirsch about how the stock market performs during war. (ritholtz.com)
- Khe Hy talks with Kyla Scanlon about lessons learned from the attention economy. (open.spotify.com)
- Thomas Kopelman and Jacob Turner discuss some common personal finance misconceptions. (podcasts.apple.com)
- Chris Williamson talks the laws of human psychology with Morgan Housel. (youtube.com)
Retirement
- Why planning in retirement is so challenging. (humbledollar.com)
- Christine Benz and Amy Arnott talk with Roger Young of T. Rowe Price about non-financial considerations in retirement. (morningstar.com)
- People work in retirement for any number of reasons. (wsj.com)
- Dan Haylett talks retirement planning with Bec Wilson, author of "How to Have an Epic Retirement." (humansvsretirement.com)
- 3% rates make holding a mortgage in retirement easier. (nytimes.com)
Planning
- The building blocks of personal finance apply to everyone. (contessacapitaladvisors.com)
- Don't make your finances more complex than they need to be. (morningstar.com)
- 11 financial mistakes to avoid including 'Not carrying umbrella coverage.' (humbledollar.com)
- When should you hire a financial advisor? (awealthofcommonsense.com)
Taxes
- Do you know how to pay taxes on your Series I savings bonds? (wsj.com)
- When to consider Roth IRA conversions. (bestinterest.blog)
- What is the IRS' Taxpayer Advocate Service? (financialducksinarow.com)
Spending
- Jesse Cramer, "A poor understanding of your spending is nearly impossible to overcome." (humbledollar.com)
- How to tamp down on impulsive spending. (dariusforoux.com)
- How to spend intentionally. (whitecoatinvestor.com)
Personal finance
- Stock picking is not the same thing portfolio managment. In fact, it's a distraction. (awealthofcommonsense.com)
- Michelle Singletary, "When we seek to shame people for their financial shortcomings, we neglect to recognize the barriers they face." (wapo.st)
- Why Dave Ramsey is finding it harder to attract Gen Z fans. (wsj.com)
- An increasing number of retirees feel 'trapped' in their Medicare Advantage plans. (finance.yahoo.com)
- A solution to higher home owner insurance premiums is to reduce coverage. (nytimes.com)
- Why you should update your estate documents. (whitecoatinvestor.com)
- Big collections come with a big burden. (wsj.com)
- You won't be remembered for the work you do. (humbledollar.com)