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S&P 500 Soars, Don't Miss Out
Description
The S&P 500 has reached new highs in May, following a March low. Despite the recent surge, its not too late to invest. Waiting for a market drop can lead to missed opportunities and higher opportunity costs. A J P Morgan study from 1990 to 2020 shows that 40% of individual stocks never recovered after a 70% drop, and two-thirds underperformed the market. Dollar-cost averaging into index ETFs like the Vanguard S&P 500 ETF (VO) or the Invesco QQQ Trust (QQQ) is a smart strategy for long-term wealth building.
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