The S&P 500 Is Near an All-Time High: This Strategy From Expert Investors Could Significantly Lower Your Risk
Many people have acrophobia -- a fear of heights. The higher they get, the more afraid they are. Some investors experience a similar fear. The higher the stock market moves, the more afraid they are.
This investors' version of acrophobia could be flaring up with the S&P 500 less than 4% below its all-time high. It doesn't help matters that the index's cyclically adjusted price-to-earnings (CAPE) ratio is also near a record high.
What can you do if you don't want to avoid the stock market altogether? This strategy that expert investors use could significantly lower your risk.
Source Fool.com