Larry Berman CFA, CMT, CTABMO S&P/TSX 60 Index ETFZIU.TOBUY ON WEAKNESSJun 01, 2026
Typically, you need a time horizon of 10 years or more to be "guaranteed" the average long-term return. Right now is not a great entry point. For example, if you were in the market in 1929 (and he's not saying today is like that), it took you 20 years to get whole again. You have to be mindful of that.
If you have cash on the sidelines and you're worried about FOMO, don't invest now. On the other hand, if you don't need the money for 5 years and don't care about volatility, then sure, why not? It could just keep going higher -- who knows?
Typically, you need a time horizon of 10 years or more to be "guaranteed" the average long-term return. Right now is not a great entry point. For example, if you were in the market in 1929 (and he's not saying today is like that), it took you 20 years to get whole again. You have to be mindful of that.
If you have cash on the sidelines and you're worried about FOMO, don't invest now. On the other hand, if you don't need the money for 5 years and don't care about volatility, then sure, why not? It could just keep going higher -- who knows?