Stock Market Hits Record Highs
Even if you don’t play the stock market, if you have an IRA, 401-k or other pension fund, chances are some of those dollars are invested in mutual funds. So, when the stock market hits an all-time high, that’s good news for you! Check out the details.
According to huffingtonpost.com:
“Stock market indexes are hitting new milestones on Wall Street.
The Dow Jones industrial average crossed 16,000 points for the first time early Monday and the Standard & Poor’s 500 index crossed 1,800 points.
The S&P 500 index has risen for six weeks straight and is up 26 percent so far this year. A growing number of market watchers are calling for caution after the steep rise.”
Before you get too excited, remember Newton’s law of gravity, “What goes up, must come down”. Let’s hope not for awhile.