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Stocks make up more of Americans' assets than ever

Your parents' nest egg was mostly bonds and savings accounts. Yours is mostly stocks. Stocks made up 48.2% of Americans' financial assets in the second quarter, counting everything from brokerage accounts to 401(k)s, according to the Federal Reserve's latest Financial Accounts data. That's the highest share in records going back to 1945. It tops the 38.7% reached at the height of the dot-com mania and the 41% hit after the 2021 meme-stock frenzy. Federal Reserve, Yahoo Finance The cash pile look