History Says Every S&P 500 Bull Market That Reached Its 4th Birthday Kept Going
The current run turns 4 on Monday. Should index fund buyers worry about its age?
Overview
The current bull market in the S&P 500 (SNPINDEX:^GSPC) turns 4 years old on Monday, Oct. 12. It began at a closing low of 3,577.03 on Oct. 12, 2022. And on Oct. 6, the index closed at a record 7,818.93 -- a gain of around 119% over nearly four years.
A gain that big can make index fund holders jittery, especially with a round-number birthday on the calendar. After all, bull markets don't last forever.
Details
But age alone hasn't been much of a red flag. Every S&P 500 bull market since 1957 that reached its fourth birthday kept going past it. What happened after that, though, varied a lot.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.