Most people don't realize they have invested their retirements into these companies that then have "house" money to fund whatever projects they desire. Inherited some retirement accounts and checked out what they were actually invested in. Lo and behold vanguard and black rock are two of the higher percentage investments in the accounts. Funny thing is. By killing off the old generations with covid. They have moved alot of money to people and younger generations who needed a leg up after covid. That money is being spent on housing and real estate. It's not being reinvested into retirement accounts anytime soon.
BlackRock Vanguard State Street FMR (Fidelity)
Most people don't realize they have invested their retirements into these companies that then have "house" money to fund whatever projects they desire. Inherited some retirement accounts and checked out what they were actually invested in. Lo and behold vanguard and black rock are two of the higher percentage investments in the accounts. Funny thing is. By killing off the old generations with covid. They have moved alot of money to people and younger generations who needed a leg up after covid. That money is being spent on housing and real estate. It's not being reinvested into retirement accounts anytime soon.
Merrill Lynch owns 44.53% of BlackRock https://files.catbox.moe/s4vc2x.png