Posted 2/18/2024, 10:00:00 AM
S&P 500 Bull Market Rolls On with Room to Grow, But Dollar-Cost Averaging Advised to Limit Risk
- S&P 500 is in a bull market, reaching new highs as stock prices continue rising
- Good news is there's still room for growth, so investing now can lead to significant earnings
- Bad news is the market is unpredictable and a downturn could be looming, causing portfolios to take a hit
- Rather than timing the market, dollar-cost averaging (investing at regular intervals) can limit risk
- The sooner you invest, the more time your money has to potentially grow over the long term