Since hitting a low in October 2022 while the Federal Reserve was aggressively hiking interest rates, the stock market has come roaring back. The S&P 500 is up 21% in the last 12 months, as investor sentiment is very positive.

On Jan. 29, the broad index of 500 large and profitable businesses closed at a record high of 4,927.93 after its recent gains. This might discourage investors who missed the rally and who have been sitting on the sidelines.

But there's good news: It's still a wonderful time to invest money in the stock market. Here's why.

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Source Fool.com