Are you sure the next crash that knocks N% off the market won't come after the market has risen a further N+x% while your money is on the sidelines?
Are you sure you can time the bottom of the crash well enough to know when to jump back in?
If the answers to those questions are 'yes' then great, otherwise a steady investment strategy for the long haul can just ignore the short term fluctations.
Comments
There is always a crash coming ...
Are you sure the next crash that knocks N% off the market won't come after the market has risen a further N+x% while your money is on the sidelines?
Are you sure you can time the bottom of the crash well enough to know when to jump back in?
If the answers to those questions are 'yes' then great, otherwise a steady investment strategy for the long haul can just ignore the short term fluctations.
Yes, I entered the stock market in Dec 2008, and now contemplating when to exit.