History Says the S&P 500 Is Expensive: Should You Still Buy VOO?
As the market continues to flirt with record highs, investors have concerns about valuation.
Overview
The stock market is proving that it's one of the best means of building wealth. The S&P 500 index has generated a total return of 305% in the past 10 years (as of July 28). On a per-year basis, this is a 15% gain.
But history says that the widely followed benchmark is expensive. Should investors still consider buying the Vanguard S&P 500 ETF (NYSEMKT: VOO) right now?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.