Stocks Are At New Highs: Should You Buy?

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The S&P 500 and the Nasdaq have again broken out to new all-time highs.

But some investors find this to be problematic. It’s hard to buy at the top as you have to have a strong conviction that stocks are going to continue to rally.

Should you buy at the top?

No Crystal Ball

No one knows the future, especially in stock investing.

Alphabet (GOOGL - Free Report)Facebook (FB - Free Reportand NVIDIA (NVDA - Free Reportare hitting new highs in 2021 but they are well-known big-cap technology companies.

But did anyone pick Union Pacific (UNP - Free Report), the railroad, to hit an all-time high this year as well?

In 2018, Tracey invested some cash in the Vanguard S&P 500 ETF (VOO - Free Reportnear what was then the all-time highs. But 2018 was a tough year for stocks. The S&P 500 finished the year down 6.59%.

There’s no way to know what is just around the corner.

Investors should have a plan.

What is your goal for this investment? What is your time horizon?

What else should you know about buying at the top?

Tune into this week’s podcast to find out.

Disclosure: Tracey Ryniec owns shares of FB, GOOGL, and VOO in her personal portfolio.

Disclaimer: Tracey Ryniec is the Value Stock Strategist for She is also the Editor of ...

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