Even because the S&P 500 index posts the worst week since April this week, the index remains to be doing very properly in 2024.
The index remains to be up 16% this yr and hit a brand new all-time excessive 38 instances this yr. To place issues in perspective, the index recorded 0 all-time excessive in 2023 and only one all-time excessive in 2022.
When the index is doing properly, retail buyers have a tendency to take a seat on the sidelines and surprise if they need to be investing out there.
Some retail buyers nervous that they made “dangerous funding choices” and purchased into the index at an all-time excessive. Declining and even damaging returns following their investments turn into their greatest considerations.
If you’re pondering so, this text is a reminder that compound pursuits (being the eighth surprise of the world) will prevent out of your “dangerous funding choices”.
Let’s…
