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Have You Missed the Stock Market Recovery?
By The Smart Investor  •  December 13, 2020
It’s the classic investor’s dilemma. The world is still mired in economic woes. Yet, stock markets have been ebullient. In the US, the Dow Jones Industrial Average (INDEXDJX: DJI) has continued to scale new all-time highs, and is up around 4.5% this year. The technology-heavy NASDAQ Composite Index (INDEXNASDAQ: IXIC) is also hitting new all-time highs and is up a whopping 38% year to date! In fact, both indices have shot up 62% and 83%, respectively, from the lows reached in March this year. Even our local Straits Times Index (SGX: ^STI) has started to march up, chalking up gains of around 17% since early November. In light of the recovery in the stock market, you may wonder whether you have already missed out on the rally of the decade? Is it too late to invest now? Don’t wait for (more) good news There has been some good news released recently in the fight against the coronavirus....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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