The S&P 500 (^GSPC) is closing at another record high for its sixth straight day of gains. The natural instinct for many, however, is to not buy in for fear of losing on returns. Yahoo Finance Reporter Josh Schafer spoke with eToro Investment Analyst Callie Cox, who claims that if an investor buys on a record high, they get a better return on average than if they buy on any other day over the course of the next year. Josh Schafer joins the Live show to break down his conversation with Cox and what investors should keep in mind when investing during record breaking days on the stock market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
The S&P 500 (^GSPC) is closing at another record high for its sixth straight day of gains. The natural instinct for many, however, is to not buy in for fear of losing on returns. Yahoo Finance Reporter Josh Schafer spoke with eToro Investment Analyst Callie Cox, who claims that if an investor buys on a record high, they get a better return on average than if they buy on any other day over the course of the next year.
Josh Schafer joins the Live show to break down his conversation with Cox and what investors should keep in mind when investing during record breaking days on the stock market.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino
Barrons.com
Stocks gained Thursday, with the S&P 500 hitting a record level for the fifth consecutive time. The S&P 500 was up 0.5% at 4,894.18, another all-time high. The tech-heavy Nasdaq Composite eked out a 0.2% gain, after declining briefly due to Tesla’s stock selloff.
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