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By Joseph Adinolfi
For the first time in nearly four weeks, the S&P 500 tallied a fresh closing high on Tuesday. Investors who have kept some or all of their portfolios on the sidelines over the past couple of years might be wondering: Is it too late to get in on the action?
After two years of blockbuster gains, it is understandable that investors might want to weigh the risks of getting in now against waiting for a pullback. As they like to say on Wall Street, “trees don’t grow to the sky” — meaning that nothing rises in a straight line forever.
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