What if You Started Investing $100 a Month in Stocks at the Tech Bubble Peak?
People who are worried about investing at a time when the stock market is making new highs should consider this: Regularly investing a small amount of money -- even if you start at the worst times -- has historically worked out quite well.
The beauty is in the simplicity. By regularly buying stocks, both at high and low prices, the returns over time work out to rather impressive results.
Let's go back to March 2000, when the S&P 500 would hit its then-all-time high during the tech bubble. Microsoft was selling for more than 70 times earnings. Even boring businesses like Coca-Cola were trading for more than 50 times earnings.
Source: Fool.com