Up 4% in 2023, Is It Safe to Invest in the S&P 500 Right Now?
The first two and a half months of 2023 have been a mixed bag for the S&P 500 index. The index, a widely used proxy for the U.S. stock market, was up nearly 4% as of March 24. But if you're checking your 401(k) statement, that uptick probably doesn't look like much. After all, that 4% gain pales in comparison with the 18% loss the S&P 500 registered in 2022.
Given the stock market's tepid performance and recent panic about the banking industry that began earlier this month, when Silicon Valley Bank collapsed, you may be wondering: Is it safe to invest in the S&P 500 right now? Here's what history tells us.
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Source Fool.com
