S&P 500 ends longest dry spell since 2012, but dollar-cost averaging still pays off
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The S&P 500 just ended its longest stretch without a new all-time high since 2012, explaining why many investors still feel discouraged.
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Many individual stocks remain far below their 2021 highs, like PayPal (-80%) and Tesla (-48%).
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Investors should follow Peter Lynch's advice to keep regularly investing no matter what the market is doing.
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Dollar-cost averaging into investments over time (like Tesla) lowers your average cost basis.
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Trying to time the market rarely works - having a consistent investing strategy suited for your goals does.