Morningstar Dividend Investor

Seems Reasonable, So Let’s Carry On

20 November 2013

It still doesn’t feel like mass prosperity—perhaps because it isn’t—but 2013 is shaping up to be the best year for the U.S. stock market in the nine-year run of Dividend Investor to date. As of this writing Nov. 13, the S&P 500 Index stood at yet another all-time high—the 33rd new high since topping the 2007 peak in April. Investors have enjoyed a 27.3% year-to-date total return. If we finish the year at this level, 2013 will be the highest-returning year since 2003, and the best year since 1998 that didn’t follow an annual decline. (In the case of 2003, its 28.7% return followed three straight years of negative returns.)…Read More: Morningstar Dividend Investor 20 November 2013