Simple, bedrock rules on personal finance (Wall Street Journal). A financial columnist’s parting advice.
Can I afford to retire early? (CNN Money). Reasons to reconsider, even when the financial picture looks good.
Here’s a $9 trillion question (Bloomberg). How a rate hike in the U.S. may ripple through the world economy.
Stressed by money? Get on the couch (NY Times). Understanding the financial stories we tell ourselves.
Why you shouldn’t give your doctor your Social Security number (Consumer Reports). In this day of frequent data thefts, it pays to be extra vigilant.
And from the blogosphere…
How the markets tempt us into making mistakes (A Wealth of Common Sense). Setting up a reliable system isn’t that difficult. Following it? That’s a different story.
Lessons learned with stocks up 60% from the precrash high (Total Return – a Wall Street Journal blog). If you lost money in the recession, make sure you at least learned from the experience.
Kahneman: Clients driven by losses, not gains (Think Advisor). A Nobel Prize-winning behavioral economist walks into a room full of financial advisors…
A new kind of investment outlook (Above the Market). Long, interesting post (interspersed with movie clips!) on the importance of downside protection, and much more.
Asset allocation intangibles (Pragmatic Capitalism). The opening quote from Warren Buffett is worth a click, but stay for the article. It’s about taking a long-term view that values process over outcome.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.