Also, how you can gain exposure to 2024âs hottest stock.
Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â 
[The Charlotte Observer](~/AAQRxQA~/RgRnwzBAP0QiaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL1cDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) Í
Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ February 29, 2024 ⢠Issue #74 [The Money Section] This week, weâre looking at why home prices hit a new all-time high in December, how retail inventors can gain exposure to 2024âs hottest stock without breaking the bank, and why the F.T.C. blocked Krogerâs $25-billion-dollar merger. Americans nearing retirement age have some studying to do [Retirement](~/AAQRxQA~/RgRnwzBAP0SRaHR0cHM6Ly9jaGFybG90dGVvYnNlcnZlci5jb20vbW9uZXkvcmV0aXJlZXMtc29jaWFsLXNlY3VyaXR5LXF1aXovP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) Money; Getty Images Over 40% of Americans aged 55 to 65 who took a quiz on Social Security basics received a failing grade, indicating gaps in knowledge that may impact their retirement. [Here are some common misconceptions the survey revealed.](~/AAQRxQA~/RgRnwzBAP0SRaHR0cHM6Ly9jaGFybG90dGVvYnNlcnZlci5jb20vbW9uZXkvcmV0aXJlZXMtc29jaWFsLXNlY3VyaXR5LXF1aXovP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) ð Home prices hit a new all-time high in December. Home prices in the 20 largest U.S. metros rose for the 11th consecutive month, reaching a record high due to a persistent shortage of resale homes. [See where home prices increased the most.](~/AAQRxQA~/RgRnwzBAP0RsaHR0cHM6Ly93d3cubWFya2V0d2F0Y2guY29tL3N0b3J5L2hvbWUtcHJpY2VzLWhpdC1hLW5ldy1hbGwtdGltZS1oaWdoLWluLWRlY2VtYmVyLWNhc2Utc2hpbGxlci1zYXlzLWUzZjEwYzExVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) ð Bitcoin price tops $57,000 for the first time since 2021. The rally started in the U.S. on Monday and has kept Bitcoin over 9% higher than 2021 prices. This surge led to notable activity in U.S.-based spot bitcoin ETFs, with a record-high $2.4 billion trading volume on Monday (excluding Grayscaleâs GBTC). [Read more.](~/AAQRxQA~/RgRnwzBAP0RVaHR0cHM6Ly93d3cuY29pbmRlc2suY29tL21hcmtldHMvMjAyNC8wMi8yNy9iaXRjb2luLXRvcHMtNTdrLWFzLXJhbGx5LXBpY2tzLXVwLXN0ZWFtL1cDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) How investors can gain exposure to 2024's hottest stock [Stock](~/AAQRxQA~/RgRnwzBAP0STaHR0cHM6Ly93d3cuc2FjYmVlLmNvbS9tb25leS9udmlkaWEtc3RvY2stZXhwb3N1cmUtZnJvbS1pbmRleC1mdW5kcy8_eGlkPW1jY2xhdGNoeSZ1dG1fc291cmNlPW1jY2xhdGNoeSZ1dG1fbWVkaXVtPXJzc19zeW5kJnV0bV9jb250ZW50PXRtc19pc3N1ZTc0VwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) Money; Shutterstock Nvidia has seen its stock surge to around $800 per share, driven by its focus on AI and the success of its H100 processor. Investors seeking to get in on the action despite its high share price can consider index funds that include NVDA, or explore fractional shares offered by many brokerages. [Read more.](~/AAQRxQA~/RgRnwzBAP0STaHR0cHM6Ly93d3cuc2FjYmVlLmNvbS9tb25leS9udmlkaWEtc3RvY2stZXhwb3N1cmUtZnJvbS1pbmRleC1mdW5kcy8_eGlkPW1jY2xhdGNoeSZ1dG1fc291cmNlPW1jY2xhdGNoeSZ1dG1fbWVkaXVtPXJzc19zeW5kJnV0bV9jb250ZW50PXRtc19pc3N1ZTc0VwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) ð° More Americans are now 401(k) millionaires. The number of individuals with $1 million or more saved in their 401(k) accounts increased by 20% from September to the end of December, reaching 422,000 retirement savers with seven-figure balances. [Hereâs the secret behind their swelling savings.](~/AAQRxQA~/RgRnwzBAP0RjaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3NvYXJpbmctbnVtYmVyLW9mLWFtZXJpY2Fucy1hcmUtbm93LTQwMWstbWlsbGlvbmFpcmVzLTEwMDAwMTczNi5odG1sVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) â¹ï¸ Consumers arenât feeling as confident anymore. The Conference Boardâs consumer confidence index in the United States dropped to 106.7 from a revised 110.9 in January, contrary to analystsâ expectations of it remaining steady. This decline reflects increased concerns about a possible recession â even as recent data indicates a [robust U.S. economy.](~/AAQRxQA~/RgRnwzBAP0R5aHR0cHM6Ly9hYmNuZXdzLmdvLmNvbS9CdXNpbmVzcy93aXJlU3RvcnkvY29uc3VtZXItY29uZmlkZW5jZS1zbGlwcy1mZWJydWFyeS1hbnhpZXR5LXBvdGVudGlhbC1yZWNlc3Npb24tcGVya2VkLTEwNzU5MjAxOVcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) You can track your tax refund this year â hereâs how [Refund](~/AAQRxQA~/RgRnwzBAP0SDaHR0cHM6Ly93d3cubmV3c29ic2VydmVyLmNvbS9tb25leS93aGVyZXMtbXktcmVmdW5kLz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzRXA3NwY0IKZdVAq-BlGJTZOFIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Pete Ryan for Money The IRS reports strong returns processing, with nearly 99.5% processed out of the 26 million received. Taxpayers can track their refund status through the IRS website, the IRS2Go app, or by calling the IRS directly, with direct deposit chosen as the fastest method for receiving refunds. [Read more.](~/AAQRxQA~/RgRnwzBAP0SDaHR0cHM6Ly93d3cubmV3c29ic2VydmVyLmNvbS9tb25leS93aGVyZXMtbXktcmVmdW5kLz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzRXA3NwY0IKZdVAq-BlGJTZOFIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) â³ Stocks stall as investors await inflation data. U.S. stocks held steady as investors await economic data (particularly tomorrowâs PCE inflation gauge) to gauge the potential timing of a Federal Reserve interest rate cut. While the market has seen a recent rally, investors are closely watching inflation and signals from the Fed officials for [potential impacts on market trends.](~/AAQRxQA~/RgRnwzBAP0RbaHR0cHM6Ly93d3cucmV1dGVycy5jb20vbWFya2V0cy91cy91cy1zdG9jay1mdXR1cmVzLWVkZ2UtdXAtYWhlYWQtZWNvbm9taWMtZGF0YS0yMDI0LTAyLTI3L1cDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) ð« Krogerâs $25 billion merger just got blocked. The FTC and several states have moved to block Krogerâs $25 billion bid to acquire Albertsons, citing concerns that the merger, if approved, could lead to reduced competition, higher prices for consumers, and less [bargaining power of unionized workers in the supermarket industry.](~/AAQRxQA~/RgRnwzBAP0RbaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wMi8yNy9idXNpbmVzcy9kZWFsYm9vay9iaWRlbi1pbmZsYXRpb24ta3JvZ2VyLWFsYmVydHNvbnMuaHRtbFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) Smart Money Move Accelerate your finances with these smart saving options [Smart] [Smart] Tired of watching your savings just sitting there? Now is the time to unleash their potential. Leave low growth behind with smarter options like cashback and high-APY accounts. More savings means more gains, and weâve got smart options to help you unlock them. Click below and start growing your money today. [See our curated list of smart saving options to boost your savings.](~/AAQRxQA~/RgRnwzBAP0SsaHR0cHM6Ly9zZWN1cmUubW9uZXkuY29tL2Jlc3QtaGlnaC15aWVsZC1vcHBvcnR1bml0aWVzL2xwL2hpZ2gteWllbGQtb3Bwb3J0dW5pdGllcy1hYm0tZW1haWwvP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) The information provided in this email is not intended as financial or investment advice. Stories we're reading this week - [Warren Buffett Says the Stock Market Is Like a Casino](~/AAQRxQA~/RgRnwzBAP0SUaHR0cHM6Ly93d3cubWlhbWloZXJhbGQuY29tL21vbmV5L3dhcnJlbi1idWZmZXR0LXN0b2NrLW1hcmtldC1jYXNpbm8vP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~)
- [Macyâs Is Closing 150 Stores](~/AAQRxQA~/RgRnwzBAP0RQaHR0cHM6Ly9lZGl0aW9uLmNubi5jb20vMjAyNC8wMi8yNy9pbnZlc3RpbmcvbWFjeXMtY2xvc2luZy0xNTAtc3RvcmVzL2luZGV4Lmh0bWxXA3NwY0IKZdVAq-BlGJTZOFIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO)
- [5 Ways a Government Shutdown Could Affect Your Money](~/AAQRxQA~/RgRnwzBAP0SRaHR0cHM6Ly93d3cua2Fuc2FzY2l0eS5jb20vbW9uZXkvZ292ZXJubWVudC1zaHV0ZG93bi1hZmZlY3QtbW9uZXkvP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~)
- [Kelloggâs CEO Says Struggling Families Should âEat Cerealâ For Dinner](~/AAQRxQA~/RgRnwzBAP0RvaHR0cHM6Ly93d3cudXNhdG9kYXkuY29tL3N0b3J5L21vbmV5LzIwMjQvMDIvMjYva2VsbG9nZy1jZW8tZ2FyeS1waWxuaWNrLWNlcmVhbC1mb3ItZGlubmVyLXJlbWFya3MvNzI3NTI0MjIwMDcvVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~)
- [Credit Card APRs Hit a Record High â and Critics Blame âGreedflationâ](~/AAQRxQA~/RgRnwzBAP0SOaHR0cHM6Ly93d3cubmV3c29ic2VydmVyLmNvbS9tb25leS9jcmVkaXQtY2FyZC1hcHItcmVjb3JkLWhpZ2gvP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~)
- [Microsoft Made a $16M Investment In Mistral AI](~/AAQRxQA~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~)
- [How to File Your Taxes for Free With TurboTax This Year](~/AAQRxQA~/RgRnwzBAP0SOaHR0cHM6Ly93d3cuc2FjYmVlLmNvbS9tb25leS9maWxlLXRheGVzLWZvci1mcmVlLXdpdGgtdHVyYm90YXgvP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3NFcDc3BjQgpl1UCr4GUYlNk4Uht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) The Money Section is written in partnership with Money Research Collective This email was sent to {EMAIL} because you are signed up to receive The Money Section from The Charlotte Observer. If you no longer wish to receive emails of this type, you may [update your email preferences](~/AAQRxQA~/RgRnwzBAP0ScaHR0cHM6Ly90Lm5ld3MuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL3dlYkFwcC9tY2NTaWdudXBQYWdlP3NpdGVOYW1lPWNoYXJsb3R0ZW9ic2VydmVyJnVzZXJJZD0zMjU0ZmI5ZGZjZDhjNjJmZjA2N2Y5NDQ4ZDNiN2ZhZmMyZTBmYTgyMDhmMmNhYzA4M2RiODU3ZGFmNjA5NmViVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~). We are unable to monitor replies to this email. Please [contact customer service](~/AAQRxQA~/RgRnwzBAP0QzaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) if you have any questions or concerns. [Privacy Policy](~/AAQRxQA~/RgRnwzBAP0RCaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvcHJpdmFjeS1wb2xpY3kvVwNzcGNCCmXVQKvgZRiU2ThSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) | [Terms of Service](~/AAQRxQA~/RgRnwzBAP0REaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvdGVybXMtb2Ytc2VydmljZS9XA3NwY0IKZdVAq-BlGJTZOFIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Copyright © 2024 The Charlotte Observer. All Rights Reserved.
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