Down 18%, Is the S&P 500 a Safe Place to Invest Right Now?
If you're feeling jittery about investing right now, you're not alone.
The stock market is on track for one of its worst years in modern history: The S&P 500 (SNPINDEX: ^GSPC) index of top large-cap stocks is down 18% from its peak at the beginning of the year. A combination of fears of a recession, inflation at 40-year-highs, and rising interest rates have turned the pandemic rally upside down.
If you're wondering whether it's safe to invest in the S&P 500 right now, the answer is that it depends. First, let's take a step back and ask a few questions to see what kind of investor you are.
Source Fool.com
