The stock market has soared in recent years, with the S&P 500 up by more than 55% since its lowest point in late 2022.
But stock prices can’t keep surging forever, and there will be a pullback sooner or later. Around 26% of investors are feeling pessimistic about where the market will be six months from now, according to a July 2024 survey from the American Association of Individual Investors. Some experts are also predicting that a downturn is looming, which has rattled many investors.
While the market’s future may be uncertain, there’s a silver lining: It doesn’t necessarily matter what stock prices do over the coming weeks, months, or even the next year. Here’s why.
This post originally appeared at The Motley Fool.