The S&P 500 Is About to Achieve a Feat Accomplished 31 Times Since 1950 That Has a Greater Than 93% Accuracy of Predicting Future Stock Moves

This event has a knack for prophesying outsize returns for Wall Street's benchmark stock index.

For more than a century, the stock market has been a stomping ground of wealth creation. While real estate, bonds, and commodities have also helped investors grow their wealth, no other asset class has come close to matching the long-term annualized return of stocks.

But there's a caveat to the above statement: Getting from Point A to B will, on occasion, tug at investors' heartstrings. Stock market corrections, bear markets, and even crashes are normal and inevitable aspects of the investing cycle, as we witnessed earlier this year from the benchmark S&P 500 ( ^GSPC 0.59% ) , iconic Dow Jones Industrial Average ( ^DJI 0.65% ) , and growth-focused Nasdaq Composite ( ^IXIC