A SMART LOOK AT INVESTING
Investing lessons for 2023
The best takeaways are learnt over years and decades, and not from the past 12 months
IT has been either a terrible time or a great time to be owning stocks. A lot depends on when you started investing.
Last year, the S&P 500 index sank 19.4 per cent, marking its worst performance since 2008. Investors who put in their money at the start of 2022 would be understandably distraught.
Yet, if you lengthen your time horizon, the returns look vastly different.