Not only is it Friday and the end of the work week, but my 401(k) is up 30%! Very exciting, after last year’s disastrous 40% plunge. Not that I’m anywhere near retirement age… *sigh*.
How is everyone else doing with their 401(k)s?
I’ve also read that the nation’s household net worth increased. Although economy recover has played a part, I’m thinking a lot of the “wealth” resulted from spenders becoming savers as the economy declined.
The gain was between April and July, as referenced in this article by the Washington Post.