In the words of Forrest Gump, "Life is like a box of chocolates; you never know what you're going to get." The same holds true on a year-to-year basis for Wall Street.

Though the broader market tends to head higher over the long run, the year-to-year movement of the major stock indexes can be unpredictable, as last year's bear market plunge for the Nasdaq Composite (NASDAQINDEX: ^IXIC) showed. The same growth stocks that led the Nasdaq to new heights in 2021 served as proverbial concrete blocks that dragged it down 33% last year.

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Source Fool.com