Waiting for a Market Pullback With the S&P 500 at All-Time Highs? Here's Why You Probably Shouldn't
The beginning of 2023 was filled with warning signs of a potential recession and a continued market slump after the S&P 500 (SNPINDEX: ^GSPC) finished 2022 down over 19%. But in the past 13 months, the index has actually gained 30%.
This surge has been cheered by investors who were along for the ride. However, some people may now have reservations about investing in the index near its all-time high, fearing a potential market correction. Those concerns are valid, but here's why letting them influence your investing decisions can hurt you in the long run.
One of the hardest parts of stock investing, for investors of all types, is not trying to time the stock market. The goal in investing is to buy low and sell high, so it makes sense people would want to load up on stocks when they're perceived as cheap and avoid them when they're perceived as expensive.
Source Fool.com
