Meeks’ Musings: Too Far Too Fast?

Meeks’ Musings: Too Far Too Fast? The S&P 500 (aka the US stock market) is +4 percent (through February 20) in 2024 after rising +24 percent in 2023. Both are price-only returns so they don’t include dividends. Historically, an average year is about +10 percent including price appreciation (70% of total return) and dividends (30%). Going forward expect just a +1-2 percent bump from dividends.