someone wrote this to me :-
"... Your best strategy is to stay invested during downturns that way you can’t miss the bottom of the market and the subsequent gains on the upside.
It is difficult to watch the value of your portfolio drop in a down market, but study after study has shown that staying invested with a well-balanced portfolio is the best strategy.
Will we retest the lows or are we building a base for a new bull rally?
Who cares!
The market is going to do what it is going to do, and timing does not work. Typically staying invested regardless of conditions is a winning strategy for the long term. ...."
