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  1. Economy and Politics
  2. Wealth

Americans' Wealth Is Getting More Concentrated in Stocks — and That Could Be a Big Problem

By: Mallika Mitra
Mallika Mitra, expert in Investing, Personal Finance, and Investing Editor at Money
Mallika Mitra
Investing Editor | Joined May 2020
Mallika Mitra is a reporter at Money covering money trends, investing and cryptocurrency. Her work has also appeared in Bloomberg News, CNBC and elsewhere.
See full bio
Published: Dec 13, 2021 5 min read

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Close up of a hand holding a smartphone with a review of their stock investments
Money; Shutterstock

Investors can't get enough of stocks.

Stocks represent 24% of total household assets as of the end of September, according to a recent research note from Wells Fargo. That's up from only 13% a decade ago, and above the last major peak in equities in the first quarter of 2000.