What caught my eye this week.
Academic research has confirmed what we obsessive savers already suspected – that we’re pretty damn attractive to the opposite sex.
As Jonathan Clements at The Humble Dollar reports:
Savers, both men and women, were viewed as more desirable romantic partners, because they’re perceived to have greater self-control.
In truth, it isn’t clear that good savings habits and greater overall self-control really are connected.
But because good savers are viewed that way, they’re seen as less likely to, say, lose their temper, drink too much, or be unfaithful.
It brings new meaning to the phrase “interest rate”, eh?
Form a queue please…
Book Review: Beyond the 4% Rule – Monevator
Could global prime property be the canary in the goldmine? – Monevator
From the archive-ator: How to get a 13% return from RateSetter – Monevator
Note: Some links are Google search results – in PC/desktop view these enable you to click through to read the piece without being a paid subscriber.1
BOE Governor Mark Carney: Brexit could delay interest rate rises – BBC
Half of high net worth investors expect to live to 100 – Guardian
Buy-to-let sector being reshaped by tax changes – ThisIsMoney
One in three UK millennials will never own a home, report finds – Guardian
How a 32-year old turned $200 into a company he sold for $10m in a matter of months – CNBC
Each mooted Brexit deal will leave Britain worse off, study finds – Guardian
Products and services
Wyeland Bank’s new two-year fix tops saving table, pays 2.15% – ThisIsMoney
Ministers under fire as student loan interest rate hits 6.3% – Guardian
Beware “cheap” funeral plans that could leave your family out of pocket – ThisIsMoney
Vinyl records turn the tables for collectors and investors [Search result] – FT
Scottish Power to increase energy prices by 5.5% – ThisIsMoney
Understanding the State Pension/NI fiasco – Young FI Guy
How much does a patio heater cost to run? – ThisIsMoney
Entrepreneur launches a website where you can raffle your house instead of selling it – ThisIsMoney
Comment and opinion
Stealing the golden years – A Teachable Moment
In the Land of the Lost – Of Dollars and Data
Five tax traps to avoid in retirement [Search result] – FT
The recent success of momentum investing in the UK – Twitter
Merryn S-W: Payback time for QE looms [Search result] – FT
Would you pay £1,000 to go a wedding this summer? – The Pool
Forecast your misery to live a happier life – Financial Samurai
Cashflows as a guide to retirement planning – The Financial Bodyguard
Do big US endowment funds generate alpha, or just take more risk? – Abnormal Returns
Help! Ten years might not be enough for financial independence – 3652 Days
Bitcoin is worth… somewhere between $20 and $800,000 – Bloomberg
The yield curve is flattening. Eventually it will matter – The Macro Tourist
The biggest companies can be casualties of their own success – Morgan Housel
Entrepreneurs are ‘cherries’ and employees are ‘lemons’ – Steve Blank
Lars Kroijer on the truth about hedge funds and demystifying investment [Podcast] – Marketing and Finance
There’s something you should know about fairness – The Escape Artist
Kindle book bargains
McMafia: Seriously Organized Crime by Misha Glenny – £0.99 on Kindle
The Millionaire Next Door by Thomas J. Stanley Ph.D.– £0.99 on Kindle
ReWork: Change the Way You Work Forever by David Fried – £0.99 on Kindle
Side Hustle: Build a Side Business and Make Extra Money – Without Quitting Your Day Job by Chris Guillebeau – £0.99 on Kindle
Off our beat
Why US Midwest cities are losing their accents – City Lab
People and the productivity paradox – Maudlin Economics
Stella McCartney: “Only 1% of clothing is recycled. What are we doing?” – Guardian
Jerry Muller on the tyranny of metrics [Podcast] – EconTalk
Flight/Wings (Xenogears 20th Anniversary Concert) [Video] – YouTube
“Remember, retirement planning for average life expectancy is quite risky – half the population outlives their expectancy.”
– Wade Pfau, How much can I spend in retirement?
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- Note some articles can only be accessed through the search results if you’re using PC/desktop view (from mobile/tablet view they bring up the firewall/subscription page). To circumvent, switch your mobile browser to use the desktop view. On Chrome for Android: press the menu button followed by “Request Desktop Site”. [↩]