years

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

by
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

I’m 67 years old and retired last year with $680,000 in savings and a paid off house – and in October I was Googling ‘is this all there is’ at 2am because no one tells you that financial security and mental purpose are completely unrelated problems – Silicon Canals

by
I'm 67 years old and retired last year with $680,000 in savings and a paid off house - and in October I was Googling 'is this all there is' at 2am because no one tells you that financial security and mental purpose are completely unrelated problems - Silicon Canals

I received an email last week from a reader who recently retired. He had done everything right – saved diligently, paid off the mortgage, built a $680,000 nest egg. In October, three months into his retirement, he was Googling “this is all there is” at 2am. His story hit me harder than I expected. Maybe … Read more

A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

by
A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

The former financial advisor says his costliest mistake wasn’t a bad investment—it was waiting too long on the sidelines. Humphrey Yang, who now shares money advice with millions of people online, recently learned that the seemingly safe habits he had in his 20s and early 30s were costing him a fortune. He said: “For 10 … Read more

‘I never stopped living like a college student.’ I’m 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don’t want to sell it, but I want a lot of money. Now why?

by
'I never stopped living like a college student.' I'm 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don't want to sell it, but I want a lot of money. Now why?

Question: “I am 37 years old and together with my partner, we usually had a combined annual income of $10-13K a year. We did not stop living like college students. But thanks to a well-made agreement, I have my house, and it was worth $1.2 million in 2020. My plan was to take that money … Read more