Columbus, OH

The Hill

A record number of 401(k) accounts contained $1 million or more during the second quarter of 2024, according to an analysis from Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, a 2.5 percent increase from 485,000 during the first quarter, according to Fidelity’s analysis of 24 million 401(k) accounts across 26,000 employer-sponsored…

401(k) millionaires reaches record high: Fidelity

DC News Now

A record number of 401(k) accounts contained $1 million or more during the second quarter of 2024, according to an analysis from Fidelity Investments.

Number of 401(k) millionaires reaches record high: Fidelity

Apple's stock has returned over 346% in the last five years. The valuation suggests the market expects strong growth to continue. Apple (AAPL 2.48%) has become known for launching products that make a splash. That led to large revenue and profit growth that fueled share price gains, creating a lot of wealth for long-term shareholders. The business has a market capitalization of over $3 trillion, putting it in rarefied company.

If You'd Invested $5,000 in Apple Stock 5 Years Ago, Here's How Much You'd Have Today

The low price of Bitcoin when it was launched and how much the digital asset has grown over the years has been a constant source of regret and awe for investors who found out about the cryptocurrency early. Mainly, the potential to turn a small amount into millions is what has drawn countless investors into Bitcoin and to the crypto industry. So, this report takes a look at how much you would’ve made if you spent $100 buying BTC 14 years ago from today.

Here’s How Much You Would Have If You Bought $100 In Bitcoin 14 Years Ago

The crypto market is known for its exponential returns. Crypto investors have constantly been racking up profits by buying into the right cryptos. However, to succeed, you need to know which cryptocurrency to buy. In 2024, investors are eyeing key players in the crypto market that promise strong returns. Among these, three cryptocurrencies stand out with the potential to multiply investments tenfold. These are Pepe (PEPE), Shiba Inu (SHIB), and MoonTaurus (MNTR), with MNTR already making headlines following a recent 100% jump.

Top 3 Cryptocurrencies That Will Make You 10 Times Richer in 2024—Number 3 Already Up 100% in August

The Motley Fool

Redfin is improving its revenue, profits, and market share in a slowing real estate market, and its business could benefit from a big tailwind next month.

1 Super Stock Down 92% to Buy Hand Over Fist Before September

Warren Buffett has amassed a cash stockpile of nearly $277 billion for Berkshire Hathaway. It's fair to say he doesn't have to worry one bit about the share price of any stock he buys. Some people do have to consider share prices, though. There's good news if you're in that...

The Best Warren Buffett Stocks to Buy With $120 Right Now

Available to anyone nationwide, California Coast Credit Union is paying an eye-popping 9.50% APY on a 5-month CD. But this CD won't suit everyone, as it only allows a maximum deposit of $3,000. It also requires having another active account with Cal Coast. If you're looking to sock away more...

This 9.5% CD for Small Balances Is Still Available. But How Long Will It Last?

Little-known insurance company Kinsale Capital Group has been quietly delivering outsize returns for the past several years.

Up 400%, This Unstoppable Growth Stock Could Keep Flying. Is It Time to Buy Hand Over Fist?

Kohl's beat profit estimates for the second quarter, despite lower sales, as the discount department store operator cut costs. Kohl's warned about a challenging consumer environment but raised its full-year outlook for earnings per share. Kohl's shares edged higher Wednesday, but they've lost nearly a third of their value this...

Kohl's Cuts Costs to Address a Challenging Consumer Environment

Buffett's biggest holding totals nearly $239 billion -- more than his investments in AmEx, BofA, Coke, Chevron, and Oxy combined. Berkshire Hathaway has more invested in this asset than ever before. Buffett's challenge is that he can't find stocks that meet his investment criteria. The legendary investor probably doesn't like...

Warren Buffett Has More Money Invested in This Than He Does Apple, AmEx, Bank of America, Coke, Chevron, and Oxy Combined

New York Post

Billionaire investor Warren Buffett’s Berkshire Hathaway sold nearly $1 billion worth of Bank of America shares as his firm continues to cut its stake in the second-largest US lender.

The conglomerate sold about 24.7 million Bank of America shares, worth $981.9 million, between last Friday and Tuesday, according to a regulatory filing Tuesday.

Berkshire has now shed about $5.4 billion worth of Bank of America shares in a string of sales since mid-July. 



Bank of America’s stock closed up 0.7% Wednesday and is up 17% for the year.

Warren Buffett’s Berkshire Hathaway surpasses $1T market value: ‘Good investment’

Meanwhile, Berkshire Hathaway’s market cap briefly...

Warren Buffett’s Berkshire Hathaway dumps nearly $1B in Bank of America shares

The clock is ticking on high certificate of deposit rates. You can still score an annual percentage yield, or APY, up to 5.25% with today’s best CDs, but APYs have been on the way down for months. And with a Federal Reserve rate cut likely around the corner, they’re falling even faster these days.

Best CD Rates Today, Aug. 28, 2024: Time’s Running Out on APYs Up to 5.25%

Business Insider

Walmart heiress Alice Walton's fortune has ballooned by $25 billion this year to hit $95 billion for the first time.

Alice Walton is the world's richest woman — and may soon be worth $100 billion

Walmart is the best-performing Dow stock in 2024 and is hovering around an all-time high. Home Depot stock is holding up despite downward revisions to its guidance. Chevron is a reliable dividend-paying energy stock even if its blockbuster deal falls through. These industry-leading companies should continue rewarding investors with dividend...

All It Takes Is $2,500 Invested in Walmart and Each of These 2 Dow Dividend Stocks to Generate Over $200 in Passive Income Per Year

Bath & Body Works expects net sales to fall between 2% and 4% this year, worse than its previously offered guidance. CEO Gina Boswell called the lower range "prudent" amid challenging consumer spending trends. The retailer also missed expectations with its second-quarter net sales. Bath & Body Works (BBWI) shares...

Bath & Body Works Offered a 'Prudent' Outlook. Its Shares Are Falling

This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

Investing in exchange-traded funds can make it easy to save for retirement. Putting money into diverse funds can simplify the investing process. Through compounding, your investment could potentially grow to more than 10 times its size. Even a modest investment can make a big difference over the years. Inflation hasn't...

Here's How Much a $50-Per-Month Investment in a Top ETF Can Grow in 30 Years

The unemployment rate is on track to surpass 5% by the end of the year, David Rosenberg, a top economist, says.

The US economy will start losing jobs by the end of this year, top economist says

More shoppers held out for better deals and delayed back-to-school purchases this year. Roughly half of consumers said they were influenced by coupons and sales when making purchases. Families with children who are in K-12 expect to spend an average of $874.68, while college shoppers anticipate spending an average of...

What Bargain Hunters Are Doing This Year for Back-to-School Shopping

NewsBreak

There Are More 401(k) and IRA Millionaires Than Ever Right Now

There were 2.5% more 401(k)-created millionaires and 6% more IRA-created millionaires at the end of the second quarter, a recent Fidelity analysis found. The average 401(k)...

There Are More 401(k) and IRA Millionaires Than Ever Right Now

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