4 Beaten-Down Tech Stocks Poised to Rebound in 2023
As we look back on 2022, it's easy to lose sight of the fact that the stock market and our portfolios don't reset each calendar year. Yes, a new year is an excellent time to review, plan, and rebalance, but the business cycle and our long-term financial goals continue. As bad as 2022 was, the SPDR S&P 500 Trust ETF has returned 56% over five years and 224% over the last ten, including dividends. The return is barrels more than inflation, bonds, and gold and certainly better than stashing cash in a saving account, as shown below.
SPY Total Return Level data by YCharts.
Source Fool.com