Record highs spark hesitation, yet data since 2000 shows investing at peaks outperforms waiting. Kim Inglis at Raymond James presents a chart indicating that buying only on record highs delivered average 12-month returns of about 7.5%, compared to 6.9% otherwise. "Investing at record highs doesn't actually translate into it being a bad time to invest" she argues.

Record levels signal ongoing growth and rising earnings, not imminent tops. The real risk lies in sidelining cash and missing momentum. "Your risk is not investing at record highs, it's missing opportunities by sitting on the sidelines" Kim Inglis emphasizes.

In a market with persistent upward bias, waiting for pullbacks often means forgoing gains. Highs reflect strength, not exhaustion, reinforcing the case for disciplined deployment over timing perfection.

Source: Video - Do Not Fear Record Highs