With many asset categories approaching all-time highs (as they inevitably do), the question many investors begin to ask themselves is: Should I sit on the sidelines and wait for a pullback? Although, this thought process is a natural response to something that can be volatile like the stock market, the idea of sitting on the sidelines isn’t really a historically fruitful exercise. As indicated by past performance, the S&P 500 has performed favorably prior to and after reaching prior all-time highs:
Not to mention, fixed income has recently been yielding some of the healthiest results in a very long time. We look to design our portfolios for various market conditions, including all-time highs.
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