My plan is to save some of the good links I read for posterity. Or myself, when I mention them in conversation but can’t find them for the life of me. I haven’t figured out if this will be weekly, monthly, or just whenever I feel like it, but since I just started, I’ll go back an arbitrary amount of time.
Michael Kitces puts out his links each week, always pretty good. This week’s was particularly chock-full of interesting articles. I won’t bother curating them since he already did it. Needless to say, if you’re in financial planning, you should read what he puts out each week.
Optimal asset location, back-to-back Kitces, though this link is original content from him. Article on asset location. Kitces touches on how low-interest rate environments affect things, though he mostly focuses on the fact that most theoretical CFA-type analyses assume stocks use turnover assumptions which are implausibly low (see: dividends).
“Rates are artificially low” – I’ve been hearing this one more and more lately. This article from Scott Sumner helps make the point that rates are only too low if they are below equilibrium, and if equilibrium is ~2% inflation, then rates are artificially high.
Don’t penalize savers – Scott Sumner – I think one of the biggest topics that Americans will have to grapple with in the coming years is whether pre-retirement spending should be given a “bonus” by giving more tax-payer subsidized post-retirement income to those with less assets (and therefore less other income). My description is already feeling convoluted, but Scott’s example is great.
California drought – too many people in too dry of a climate?
Video games make kids smarter. Or smart kids like video games. Or something.
That goes back about a month… there were probably five times that many articles that deserve links, but I’m bad at capturing them all.