FYI: The S&P 500 last closed at an all-time high in mid-August. We’re only 3-4% away from that number and stocks haven’t done much lately, but many investors become very nervous when they hear about all-time highs in the market. After all, the S&P 500 got cut in half following all-time highs in early-2000 and late-2007. Therefore, the thinking goes that any time stocks reach new highs that disaster can’t be too far away.
History tells a different story
Regards,
Ted
http://awealthofcommonsense.com/2016/11/dont-be-afraid-of-all-time-highs-in-the-stock-market/
