If a New Bull Market Is Coming, Don't Make This Expensive Mistake
Is a new bull market just around the corner? It's impossible to predict with any certainty what's ahead for the stock market in the short term. But overall 2023 has been a so-so year for stocks, with the S&P 500 up around 8% year to date after tanking nearly 20% in 2022.
Still, it's inevitable that, at some point, we'll enter a new bull market -- generally defined as a 20% rise in stock prices. The U.S. stock market has always rebounded from its losses. But if you're making investment decisions based on when you think the stock market will charge into bull territory, you're making a giant mistake.
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Source Fool.com
