History Says This 1 Investing Mistake Could Cost You More Than Any Stock Market Crash
This move may be tempting right now, but it could be costly.
History Says This 1 Investing Mistake Could Cost You More Than Any Stock Market Crash
Overview
The S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) are all nearing record highs yet again, which, in some regards, puts investors in a challenging situation.
Is it really smart to invest when the market is this expensive? Or would it be safer to wait until prices fall to "buy the dip"? Are we in a bubble that's on the verge of popping? Or is the market poised for many more months or even years of growth?
Details
Nobody can say exactly where the market is headed right now. If history proves anything, though, it's that staying invested is the most lucrative move investors can make -- and avoiding the market could be costlier than you might think.
Source
Originally published at www.fool.com.
