These Are the Only 3 Stocks I've Been Buying Since 2023 Began
Compared to other asset classes, the stock market is tough to top. On an annualized basis, stocks have handily outperformed bonds, gold, oil, housing, and bank certificates of deposit (CD) over long stretches.
Over shorter timeframes, the predictability of the major indexes can be compared to a coin flip. In 2021, the Dow Jones Industrial Average, S 500, and Nasdaq Composite were practically unstoppable. This was followed up by all three indexes plummeting into a bear market in 2022. Since 2023 began, large-cap tech and other growth-oriented indexes are, once again, unstoppable.
I'm a firm believer in the power of long-term investing and, to take a page out of Warren Buffett's book, wouldn't dare bet against America or the stock market over extended timelines. But I'm not a big fan of the supposed "new" bull market for an assortment of reasons that I recently outlined. Though I have no intention of selling my existing holdings, putting new money to work has been difficult without seeing much in the way of value.
Source Fool.com
