Investors have been taken on quite the ride since this decade began. They've endured two bear markets (the COVID-19 crash and 2022 bear market), as well as a period of borderline irrational exuberance in 2021, at least for growth stocks.

Despite a meaningful rally in the benchmark S 500 and innovation-fueled Nasdaq Composite since the start of the year, both indexes remain well below their record-closing highs set nearly two years ago. While some might view this as disappointing, long-term investors with cash on hand are licking their chops. That's because every notable drop in the major stock indexes throughout history has, eventually, been pushed aside by a bull market.

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Source Fool.com