Finally, summer is here! While I heartily encourage you to spend every possible minute outside (as I write this indoors because I’m tired of wiping pollen off my laptop screen), you may find yourself wishing for some great reads, and boy do I have some for you.
If you can only read three, I’ve picked them out for you below. If you have time for more, here’s one on the inequitable outcomes of school fundraising (it might ring some bells for parents looking forward to the end of school and the end of the neverending fundraisers), here’s one on how robo-advisors and fee for service financial planners can deliver superior value at lower cost to traditional “wealth management” offerings, here’s another reminder that bonds still (yes, still) belong in your portfolio, and there’s more fantastic stuff in the list below.
You can read this month’s entire list below, and browse through past lists here.
Investing a large lump sum: all at once, or in smaller amounts over time?
It can be hard to say no. It means refusing someone, and often it means denying yourself instant gratification. The rewards of doing this are uncertain and less tangible.
[great article; terrible title]
This is a really interesting compromise for emergency funds.
Financial literacy education, when divorced from the politics of the public pension and tax systems, essentially teaches that “if you’re poor it’s because you don’t know rules, not because the system doesn’t serve you.”
On rebalancing around the all-in-one Vanguard funds in a couch potato portfolio.
If we want things like well-stocked libraries and well-resourced classrooms (and field trips and musical instruments and art supplies and team uniforms and sports equipment) for our kids, then we have to acknowledge that all kids deserve these things too. So let’s make sure we pay for them in the most efficient, effective, fairest way possible.
And that’s why you own bonds – not for the sexy returns, but because they make your overall portfolio more behaviorally sustainable.
Latest posts by Sandi Martin (see all)
- Design Thinking: Retirement Income - September 20, 2019
- September’s Great Reads - September 18, 2019
- High Value Banking: How Much is the Royal Treatment Worth to You? - September 12, 2019