The $19 billion portfolio manager sees ‘lost years’ for the S&P 500. Here’s where he thinks investors should be saving money instead.

The $19 billion portfolio manager sees 'lost years' for the S&P 500. Here's where he thinks investors should be saving money instead.

The days of putting your money in the S&P 500 and forgetting about it may be in the rearview mirror. Loading audio description… That’s according to Richard Bernstein, longtime analyst and chief investment officer of Richard Bernstein Advisors. Speaking to Business Insider this week, the portfolio manager said he’s worried about a “lost decade” that … Read more

Rates could rise more this year than the Fed has predicted, global forecasting group says – what that means for your money

I moved from India to Ireland - now making $144,000 a year

Consumers continue to feel the effects of inflation on their finances. In February, the Consumer Price Index, which tracks the cost of consumer goods and services, showed a rise of 2.4% over the past 12 months. And according to another world policy organization, the US war with Iran and its effects on the price of … Read more

2 charts show how the highest and lowest earners spend their money

Madison Hoff's face is blue-green

It can be expensive to keep the gas tank full, pay the bills, and decide what to make for dinner. Loading audio description… Those and other costs add up over the course of the year, especially for low-income Americans. The Bureau of Labor Statistics publishes annual employment data, with the latest projections taking employment through … Read more

Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

Florida received more wealth from startups than any other state in 2023, according to newly released data from the Internal Revenue Service. In 2023, Florida received $20.65 billion in annual income from tax filers who moved there from another state within the US, according to a Realtor.comĀ® analysis of IRS relocation data. Other states that … Read more

Exactly how much money is needed to be rich in every state in the US – and for some it’s more than seven times your income

A happy man with money fell beside him.

A new study shows that although wealth is limited, the gap between average income and wealth remains alarming. Amid rising unemployment and inflation, it’s hard for many Americans to get ahead, let alone get rich, although the definition of the last dollar varies widely across the country. Of course, what makes you a fat cat … Read more