Up 6% in 2023, Is It Safe to Invest in the Stock Market Right Now?
After what seemed like a money-printing party in the stock market from mid-2020 to late 2021, last year was a humbling experience for many investors -- including myself.
For all intents and purposes, when referring to the stock market's performance, most experts refer to the S&P 500 (SNPINDEX: ^GSPC). The S&P 500 is an index that tracks the 500 largest public U.S. companies. Due to the size and importance of these companies to the economy, the S&P 500 is often used to gauge how the overall stock market is performing.
After dropping more than 18% in 2022, the S&P 500 is now up around 6% year to date (as of May 4), leading some investors to wonder if it's safe to invest now. The short answer is "yes." The longer answer is, "yes, you should be investing regardless of market movements, if you have the means."
Source Fool.com
