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

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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

Market volatility poses a major risk to young retirees. Here’s how to prepare

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How to keep your money safe amid this economic and political uncertainty

Ciara Horton | A minute | Getty Images If you’re ten years away from retirement, the current stock market volatility can be a good reminder of the risk ahead for your nest egg. Although stocks tend to offer the best opportunity for long-term growth despite their ups and downs, a continuous market decline leading to … Read more

The March jobs report will be released on Friday. Here’s what to expect

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Consumer confidence shows improvement; job opportunities and jobs fell

A “Help Wanted” sign hangs in the window of a restaurant in Medford, Massachusetts, US, January 25, 2023. Brian Snyder | Reuters Non-farm payrolls are expected to fall back – slightly – in March as consumers tune in for what is shaping up to be a healthy labor market. The US economy is estimated to … Read more

Here’s a Summary of Survival Savings for Americans Over 66 (How Do You Compare?)

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Here's a Summary of Survival Savings for Americans Over 66 (How Do You Compare?)

Many can feel very real at 66. For most Americans, retirement is no longer a distant thought floating in the future. It’s either here or just around the corner, taking shape with decisions on Social Security and Medicare enrollment. That’s why it’s helpful to know how your numbers compare to other families of your age, … Read more

Cost of living report highlights severe strain on family finances – Here’s what you need to know | Citizen

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Cost-of-living report paints grim and financial strain on households, this is what you need to know

Prices of essential utilities such as electricity and water have risen above the national inflation rate for the past six years. The Competition Commission has presented a shocking picture of the cost of living in South Africa, revealing that the prices of essential utilities such as electricity and water have risen more than the national … Read more

‘Doomsday news’ prepares for disaster. Here’s how to survive the financial apocalypse

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Ready or Not? Dan Goss, pictured, founder of the website Start Prepping UK, grows his own food and stores essentials in case of financial problems.

As world conflicts escalate and the threat of fuel and other shortages looms large, the so-called ‘preparers’ are beginning to prepare for what may happen. But protecting your finances against unexpected disasters is just as important – and often overlooked. The biggest concerns that can affect our ability to find our money and buy the … Read more

Here’s what could make Iran’s oil war an “economic disaster” – The Nation | Globalnews.ca

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Here's what could make Iran's oil war an "economic disaster" - The Nation | Globalnews.ca

Americans woke up to higher gas prices on Tuesday, and some experts warned that the global oil crisis could worsen as Yemen’s Houthi rebels join the war against Iran. On Tuesday morning, the average price of gas in the US was US $ 4.018 per gallon, according to AAA, which tracks gas prices nationwide. According … Read more

High earners save $80,000 in taxes – here’s a 401(k) trick they use.

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A retired couple thought they were financially secure with $1.5 million in a 401(k), $400,000 in checking accounts, and $200,000 in a Roth IRA — but later realized that taxes would be higher than expected at age 73. When they calculated required distributions (RMDs), they realized the withdrawals would push them through in the higher … Read more

Nearly half of Americans fear a major recession – here’s what it could mean for you

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Nearly half of Americans fear a major recession - here's what it could mean for you

A growing number of Americans are looking for the worst. A recent survey conducted by YouGov found 42% of Americans believe that the country will experience a “complete economic collapse” in the next ten years, while more than a third think that a civil war is likely (1). That level of pessimism reflects a broader … Read more

A woman has found out that she will not inherit her husband’s $2M trust. Here’s what The Ramsey Show recommends

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A woman has found out that she will not inherit her husband's $2M trust. Here's what The Ramsey Show recommends

Eileen’s husband now receives a trust check every quarter. But the couple, who are both in their 60s, have recently discovered that if he dies before Eileen does, Eileen will not inherit his share. Instead, the $2 million trust will go to the couple’s daughter, who is next in her family. Eileen will get nothing. … Read more