Don't Wait for a Market Crash to Buy This Growth Stock
In 1996, Federal Reserve Chairman Alan Greenspan gave a speech warning of irrational exuberance in the stock market. Over the next three and a half years, the Nasdaq would climb almost 300%. Trying to time the stock market might be the most difficult -- and least successful -- way to invest.
One approach to investing that may sound too simple to work is to just buy the companies performing the best and add money to them over time. That's especially true if the company is disrupting legacy players in a massive market. Despite a stock price that keeps rising, Upstart Holdings (NASDAQ: UPST) is giving investors this rare opportunity. And waiting for the right time to buy shares could undermine what is already working.
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Source Fool.com
