If I Could Tell All Investors 1 Thing About Buying at Record Highs, It Would Be This
You have no idea when or where the next record high is going to be made. You only know that it eventually will be.
Overview
With the S&P 500 (SNPINDEX: ^GSPC) just a few points below its record high hit earlier this month, investors are not only understandably hesitant to continue buying stocks, but they're even a little worried about sticking with many of their current ones.
If you're one of these worriers, however, don't sweat it too much. Here's why.
Details
Don't misread the message. Stocks are broadly overbought and fundamentally overvalued, leaving the market positioned for at least a correction. Even if it's not in the immediate offing, it's going to happen sooner or later, and likely sooner.
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.