Where to invest when the ASX 200 hits an all time high?
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The S&P/ASX 200 Index (ASX: XJO) is nearing February’s record high of 8,615.7 points. At times like this, it can seem difficult to find value.
Just like many other investors, I’m not complaining seeing my portfolio have consecutive days in the green this week.
However I also am hesitant to buy when the market seems to be ignoring very real global economic uncertainties.
Right now the gains seem too good to be true.
One prime example of this is Commonwealth Bank of Australia (ASX: CBA) shares. The price has continued to hit record high after record high despite experts identifying it as overvalued.
So with the ASX 200 close to the highest it’s ever been, let’s look at some other investment strategies…