How to invest when the ASX hits a record high
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The Australian share market has climbed to a new record high this week, leaving some investors wondering whether it is the right time to invest — or if it is safer to wait for a pullback.
History shows that trying to time the market is a dangerous game. Instead of sitting on the sidelines, investors can take a smarter, more disciplined approach to keep building wealth even when markets are at their peak.
Here’s how.
Step 1: Don’t let record highs scare you
Markets hitting new highs isn’t unusual — over the long term, the ASX has hit countless highs as the economy grows and company earnings rise. Avoid the temptation to treat a new peak as a signal to sell or stop investing.
The biggest risk isn’t buying…
