2023 was great but it’s time for investors to stay prudent
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Even after the 2023 gains, most stock investors are only barely above water since the start of 2022.
PHOTO: AFP
Jeff Sommer
It was a great year for the stock market and for the vast majority of investors in workplace retirement accounts. But let’s not get carried away.
Even after the 2023 gains, most stock investors are only barely above water since the start of 2022. It looks better when you include dividends. Then, the S&P 500 returned 3.42 per cent over the course of the two calendar years. Even so, the paltry stock market rises haven’t kept up with inflation.