I know dollar value milestones are meaningless, but with the S&P crossing below $4000 I found this article interesting, which was written just a few months before covid hit. The S&P had just run up to $3000 and the writers said this could be a dangerous growth rate and to perhaps expect a crash down from these levels due to a recession. If you are buying into the index today “on sale” and it drops back down to this “high” level you’ll be down 25%.
DCA over time is where it’s at, but just a little perspective for how hot the market pricing still is.
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