I can buy more shares at less cost in a down market,
because I 'dollar cost average',
I welcome not buying into high markets.
Now if one had a 10 or less year horizon,
one should invest conservatively.
Also, the 4th quarter of each year,
Oct to Dec,
is when earnings are going to be judged,
it always goes down a little in the beginning of a new year,
and if you miss out on an up-turn,
because of short term advice,
it gets more expensive trying to get back in.
This is such interesting analysis coming from someone in a country and a continent which would love to have the "problems" that America suffers, i.e., unemployment under 5%, inflation under control, economy riding high, gas at $2.20 per gallon, etc. Compare this with Europe, unemployment 8% - 20% depending on the country, inflation healthy and growing, economies stagnant, gas about $7 - $8 per gallon even though those countries' importers pay the same amount on the global market that we in the U.S. pay. Where does the missing money go? Taxes to make big governments bigger.
I love it when writers from lousy economies analyze our economy and give their suggestions on how to fix the U.S. economy! Sorta like Mankato, MN giving NYC suggestions on how to improve its postal service.
It appears here in the Northeast that the "housing slump" is over already.