Is a New Bull Market Coming? Here's a Better Question to Ask
After 2022 gave the stock market one of its worst years ever, with a 19% drop in the S&P 500, 2023 has the investment community in a far better mood. The S&P 500 was up 16% through the first six months of the year, and it's now up 21% from the 52-week low it touched in October.
You might be wondering if a new bull market is coming that will propel stock prices even higher. If one is in the offing, or already underway, it might be a smart idea to put more of your capital to work to take advantage.
But I believe this is the wrong question to think about. A better question to ask is, "Are my personal finances set up so that I can be an investor for many decades to come?"
Source Fool.com