The S&P 500 Is Surging. Have You Missed the Best Time to Invest?
We're only a few months into 2024, but the S 500 (SNPINDEX: ^GSPC) has started off the year with a bang. The index is currently up by more than 8% this year alone and it's soared by a whopping 44% from its lowest point in October 2022.
Now that the S 500 has reached a new all-time high and is well into bull market territory, some investors may be concerned that the best time to buy has already come and gone. Stock prices are surging, and it's becoming more expensive by the day to invest.
At the same time, though, if the market continues to climb, you may miss a valuable wealth-building opportunity by not investing right now. So does that mean now is a smart time to buy? Or have you already missed your best chance to invest? Here's what you need to know.
Source Fool.com