Up 14% in 2023, Is It Safe to Invest in the Stock Market Right Now?
Despite plenty of ups and downs this year (including a nasty correction between late July and late October), 2023 has been rather fruitful for investors. The S&P 500 is up 14% since the end of 2022 and seemingly ready to end the year on a high note. It's quite a turnaround from last year's bear market.
But is the stock market actually on a firm-enough footing to keep chugging higher? The answer to the question largely depends on your timeframe and risk tolerances. Broadly speaking, though, yes, it's safe to step into new stock positions here.
The very question, however, ignores a much more important point.
Source Fool.com
