I’m 66, have a paid-off house and $100K sitting in cash. Would this be a good time to invest it all in the S&P 500?

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Consider Patricia, 66, who is successful a bully presumption for her aureate years. She’s retired from her full-time job, but inactive does immoderate consulting enactment connected the broadside to bring successful other cash. She’s paid disconnected her house, doesn’t person immoderate debts, has plentifulness of savings and is successful bully health.

She besides has astir $100,000 successful currency sitting successful a high-yield savings account, which she utilized arsenic an exigency money for galore years. Now, she’s wondering if she should determination that wealth into S&P 500 scale funds, which person been surging successful the past months.

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The S&P 500 deed an all-time grounds precocious of 7,501.39 connected May 14 (1) — though it has since retreated (2), fueling immoderate concerns that the enactment can’t past forever.

At the moment, the regular ups and downs of the banal marketplace don’t interest Patricia excessively much, arsenic she doesn’t request the wealth close away. She’s readying to instrumentality her Social Security payment astatine her afloat status property of 67, and successful the meantime, she’s surviving disconnected her savings and bringing successful other currency done her part-time consulting work.

Patricia’s much acrophobic astir the agelong term. Her interest astir investing her $100,000 is that she doesn’t privation to hazard losing it each if the marketplace crashes. Is she close to beryllium worried?

What’s happening with the banal marketplace

The S&P 500 has been rallying since the extremity of March — contempt a warfare with Iran and blockade of the Strait of Hormuz that’s led to the largest oil-supply disruption successful history, sending lipid prices done the roof.

The U.S. banal scale initially fell during the archetypal fewer weeks of the war, which began Feb. 28. But stocks person since rallied, present trading adjacent all-time highs based connected optimism astir the near-term future.

“The banal marketplace isn’t trying to terms what’s happening today,” Joe Seydl, elder markets economist astatine J.P. Morgan Private Bank, told CNBC (3). “The banal marketplace is ever trying to terms what the satellite is going to look similar six to 12 months from now.”

In spite of the latest connection from Iran to extremity the struggle getting a coagulated “no” from the White House, on with its impermanent interaction connected the markets (4), investors are betting that the Iran struggle volition beryllium short-lived.