This is Average

The S&P 500 is experiencing its worst January through April going all the way back to 1970. It’s hard to believe then, that part of an unusual year is exactly average, at least so far.
Going back to 1950, the S&P 500 has had a positive annual return 56 out of 71 years, or 79% of the time. But as we know all too well, stocks don’t go up in a straight line. The no free lunch part of these gains are tempo…

The post This is Average appeared first on The Irrelevant Investor.