Stocks Are Forever. That Doesn’t Mean Now Is the Time to Buy.
From Wall Street Journal:
Investors have moved on from the pandemic chaos, with the annualized return from the stock market in 2020 mirroring historical averages dating back to 1802. A $1,000 investment in the S&P 500 in December 2019 would have yielded a 6.8% annualized return after inflation, resulting in $1,299 by the end of 2020. This suggests a collective mindset of looking beyond the pandemic and focusing on future growth. (Word count: 81)
Source: The Wall Street Journal
Date: January 11, 2024
Read more: Stocks Are Forever. That Doesn’t Mean Now Is the Time to Buy.