There seems to be a lot of fear on here lately regarding investing, because of concerns the market is overbought, "P/E are at all time highs, that we are at the top and due for a correction..." And yes, some of that may be true. You should never invest money that you can't afford to weather a loss.
BUT
Based on history the S&P is not running too hot. Think about this:
\- The S&P 500's average annual return is 10.13% over it's entire existence.
\- The S&P 500 has averaged 12.21% in the 10 years ending 12/31/2024. So due for a correction? Right?
\- The S&P 500 only averaged 7.23% in the 10 years prior, 1/1/2005-12/31/2014
\- Meaning, the S&P 500 average over the last 20 years is only 9.72%. So running BELOW average
\- Even better (or worse depending on your perspective) - Since 1/1/2000 - 12/31/2024, 25 years, a quarter century, the S&P 500 average is 7.33%
People forget how bad the first 15 years of this century has been. We are making up for lost time. So basically for me what this says is there is still a lot of money to be made in the markets, Bail into treasuries at your own risk.