Each month, a new survey seems to come out showing just how woefully unaware most Americans are when it comes to both personal finance and the stock market — most recently, 8 out of 10 adult respondents drew a blank when asked to explain what a bond is while seven in 10 faltered with the…
Tag: Investing Stocks
Musk and Bezos Agree on Who Is Responsible for Inflation
It’s rare to see Elon Musk and Jeff Bezos agree on things. The former is the richest man in the world with an estimated fortune of $213 billion as of May 16, according to the Bloomberg Billionaire Index. The second is the second richest man on the planet. His fortune of him is estimated at…
Investors Stick to Stock Funds, Even as Equities Tumble
With stocks tumbling this year, you might think that investors are exiting their stock funds in droves. But that’s not happening. The S&P 500 index has slid 16% so far in 2022, and the technology-heavy Nasdaq Composite has dropped 25%. However, for every $100 of inflow to stock funds from January 2021 through May 11,…