The S&P 500 Is Near Record Highs. History Says That's Not a Good Reason to Stop Buying This ETF
Historical forward-looking returns have actually been better when the S&P 500 is at a record high.
Overview
The S&P 500 (SNPINDEX: ^GSPC) is hovering near record highs. For some investors, that raises the question of what to do with the money they want to put into the market.
Do you keep buying stocks and hope that prices can keep moving higher? Or do you wait for what's likely an inevitable correction and invest at lower prices later?
Details
Waiting sounds like a reasonable decision. After all, nobody wants to invest a lot of money today just to watch the market drop significantly only a short time later.
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.