The S&P 500 is back near all-time high levels after a volatile first half of the year, with Wall Street strategists bullish on the second half but caution advised for potential risks.
Investors are warned against three common mistakes: 1. Avoid waiting for a dip to buy more as timing the market is difficult. 2. Refrain from buying based on FOMO as chasing big winners without solid fundamentals can be risky. Dollar-cost averaging is emphasized as a strategy to minimize risk.
3. Don't forget to periodically rebalance portfolios, especially at all-time market highs, to avoid over-exposure to certain assets. Diversification is key to insulate from market fluctuations.