October Market Recap: 2024 Stock Market Performance Among Best in 20 years
Stocks are up 21% in 2024 through 10/31/2024, despite being down 0.9% in October (just the second down month all year). 2024 is the fourth best 10-month start for the US stock market in 20 years. Remember that it is normal for the stock market to decline from time to time and that historically, it has always recovered and gone on to new highs. This is why sticking to a game plan that includes investing regularly is so important. Here is Why Buying Stocks After a Market Drop can be a Smart Move.
We encourage investors to think long-term. US stocks are up 21% year-to-date, 104% over the past 5 years and up 647% for the 20 years ending 10/31/20241. Long-term investing has historically been one of the best ways to build wealth.
Do Stocks Care About Politics?US elections are over. When it comes to your investments, does it matter who wins? To help answer that question, check out: Elections: Does the stock market care?
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3 个月Time in the market beats timing the market, you have a 73%+ chance of positive returns just 1 year after your investment. That percentage increases the longer you stay invested.