The smart move for investors who missed the market rally

Mona Mahajan, Head of Investment Strategy at Edward Jones, shares what investors can do if they missed the market rally.

Transcript

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.