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NVDA’s Mini-Crash, Dan Ives on AI, Josh’s New Book

The Compound and Friends

NOTE

401K Retirement Accounts with at Least a Million Bucks

The number of 401k retirement accounts valued at over a million dollars has surged to 497,000, marking a significant increase of 31% from the previous year and reaching a record high. This growth in 401k balances contributes to higher overall net worths, indicating a bullish sentiment among investors. The substantial wealth accumulation in these accounts is a primary driver behind the positive outlook, as it reflects substantial earnings and investment growth. The trend suggests that it is expected for individuals to be optimistic in light of their financial gains.

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