Good stuff from BlackRock: “Ultimately, there is no ‘right’ time to enter the markets, and attempts at timing entries and exits are generally less fruitful than staying the course, particularly when fundamentals are solid as we believe they are today. History shows buying at local highs does little to affect subsequent one-, three- and five-year outcomes, as shown in the chart. In fact, ‘new highs’ are a regular feature of the market, with the S&P 500 Index making an average of 18 new highs per year since its inception in 1957.”