Mona Mahajan, Head of Investment Strategy at Edward Jones, shares what investors can do if they missed the market rally.
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00:00So ultimately, as you think about between now and year end, this is a market that is higher by the end of the year?
00:06Yes, we think about the volatility, but ultimately will end higher from here.
00:10So for those investors who might have FOMO because they didn't get in at the April lows and they've seen the S&P 500 go up 20 plus percent,
00:19can't time the market, but do you think that they should potentially wait for a pullback to get in or is it still time to get in now?
00:27You know, I certainly think, first of all, we've had a pretty nice run, so we'll probably get opportunities along the way this year.
00:34But for long-term investors, we know this time in the market better than trying to time yourself in and out of the market.
00:40So we think a dollar cost averaging strategy would have worked great this year.
00:44If you haven't done it thus far, there's still an opportunity to do this in the back half of the year.