Important Lessons From the Bull Market’s 10th Anniversary
- March 9, 2019 marked the 10-year anniversary of the S&P 500 beginning its climb from the bear-market lows of March 2009. The index has delivered a whopping 400% cumulative total return over the 10-year period, which is the longest bull market in history.
- For long-term equity investors, the most powerful factor is time in the market. Investors who weathered the storm and remembered that time in the market beats trying to time the market have enjoyed healthy gains due to their patience.
- Though the S&P 500’s 10-year annual return from March 2009 to March 2019 was 17.5%, it certainly was not a smooth ride. The bull market was unpredictable, with many fits and starts during the period, as is the normal course of investing. Investors should remain focused on their long-term goals and avoid being derailed by market headlines.