Blog

Should You Hold Off When Markets Reach New Highs?

by Mary Suplee on Oct 19, 2018

I often get questions about whether it’s a good time to invest when the markets are reaching new highs. Look at the illustration of the S&P 500 below  from Dimensional Fund Advisors. On average, when the market closes at a monthly high, it is even higher over 80% of the time in the next one,three,and five years. What is particularly interesting is that the number is almost the same as if the index did not hit a new high.

Check the background of this investment professional on FINRA's BrokerCheck.