Subject: S&P 500 closes above 5,000 for the first time
The S&P 500 has just closed above 5,000 for the first time.
Congrats to all of us who made the no-brainer decision to buy an index fund 5 years ago, 10 years ago, 20 years ago, however many years ago. We're also grateful for all the company 401K plans that made it such a no-brainer to add to an index fund from our paychecks every month, on auto-pilot, while we ignored the market pessimists and focused on our careers and businesses.
Congrats especially to the thousands who never flinched and kept buying incrementally and automatically through the bear market of 2022 and 2020. You're all gonna make it.