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