Reported 8 months ago
The S&P 500 recently hit a new all-time high, sparking investor concerns. However, history shows that buying stocks when the S&P 500 reaches new peaks has been a successful strategy. Stocks tend to continue climbing after setting new records, with average returns of 12.7% in the year following an all-time high. Investing on days of all-time highs has yielded substantial returns over three and five-year periods. While some stocks may offer better potential, a broad index fund like Vanguard S&P 500 ETF remains a sound choice for investors looking to capitalize on market growth.
Source: YAHOO