Asset Allocation and Dave Ramsey: Weekend Reading

We’ve got another week’s-worth of excellent articles from other personal finance blogs. I hope you enjoy them.

Investing

All Financial Matters rails against a Smart Money article claiming that index funds have outlived their usefulness.

ABCs of Investing has a guest post at Get Rich Slowly explaining Asset Allocation.

Behavior Gap reminds us that investing and financial planning are more about process than product.

Bad Money Advice takes Dave Ramsey to task for his one-size-fits-all “invest 15% of your income” rule.

Weakonomics has a guest post at The Dividend Guy Blog about Financial Pascalism and having faith in the markets.

Miranda from Yielding Wealth is a self-described boring investor. Perfect.

Taxes

Don’t Mess With Taxes shares a 1942 Disney animated short about Donald Duck filing his taxes to help with the war effort. I wonder how it’d go over if they made something like this today.

Citizens for Tax Justice make the case that our tax structure isn’t as progressive as we might think. (pdf format)

From my tax blog: How is an owner’s salary taxed for a sole proprietorship?

General Personal Finance

Wealth Pilgrim gives some tips for how to stage a financial intervention for a loved one.

MoneyNing shares 25 ways to take immediate action toward reducing your debt.

Amateur Asset Allocator shares precisely how the recession affected him.

Monevator discusses the opportunity cost of starting a business.

Spend on Life shares some facts from a Sallie Mae study about credit card usage among college students. The findings are nothing short of horrifying.

The Simple Dollar and My Findependence Day each discuss the limits of their frugality.

Why do we bother?

Smart Family Tips reminds us that personal finance really comes down to getting what you want out of life.

Thanks for reading, everybody!