waf76

Is It Time to Buy? What History Shows

The author makes some valid points. It is best to buy throughout the year and not go "all in" at any moment. I think due diligence is key, look for companies that are best in class and avoid the #2's and #3's of a particular industry. The best in class stocks are more likely to retain their value during any periodic sell off than it's competitors and will lead the way onto recovery. While recovery is probably a way off it is better to start building positions now. Again, not going "all in" at any particular moment is critical as you need to allow yourself some flexibility to pick up even cheaper stocks if the opportunity presents itself. If you are confident in the stocks you have invested in and they go down then buy more.