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Investing a Lump Sum at All-Time Highs - A Wealth of Common Sense
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Investing a Lump Sum at All-Time Highs - A Wealth of Common Sense
A reader asks: I recently sold my condo for $400k and want to invest the money in the stock market. However, it appears the market is at an all time high. Should I invest elsewhere or wait for a market correction? Excellent question. Let’s start with the math first and then work our way to the psychological ramifications. Here are some charts from Exhibit A on the history of all-time highs: The good news is that ne...
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