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Should you still buy now that US market is on a high?

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Trying to time the market by jumping in and out at seemingly opportune times has a lousy track record.

The US share of the global stock market is now 64 per cent, up from around 40 per cent in 2010.

PHOTO: BLOOMBERG

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With the S&P 500 now topping 5,000, there’s an inevitable question for investors with cash on the sidelines: Should I get in now – or is the milestone moment actually a reason not to invest?

The right answer depends on your circumstances. But putting the record high into context can help you think through the consequences of investing, financial advisers say.

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