Counter-intuitive, I know. But logical.
We consistently invested (though very tiny, insignificant amounts) dollar-cost averaging through the financial crisis. That turned out to be a great strategy, even though we did not wait for the market to "bottom out" and invested equally on way down and the way up. Later on, we wished we invested more during the crisis.
Now, we are trying to do the same, even if difficult to do emotionally - put whatever money we can scrape up during the month into SP500 and another mutual fund.
$200, $300, $500, $100, etc whenever market has a bad day (running out of money to cover all the bad days).
We have no idea how long it markets be going down, and while it is painful to see the losses continue, I know from looking back on major dips, this is how you get ahead in the span of several years.
So we try to invest what we can now, and when the market is rallying (could be long time from now), we will ease up on investments and do minimum monthly amounts.
Timing is not great - we just got back from a 4 week luxury holiday in the UK and now have to pre-pay whole year of after school care this week, so cashflow is very limited. But we put in what we can.
This is when you invest.
September 4th, 2015 at 09:28 pm
September 4th, 2015 at 09:35 pm 1441402555
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September 4th, 2015 at 11:01 pm 1441407700
Some people made or lost a lot of money on ETF's when the market opened on Black Monday. The ETF's could not find a price and were trading well below NAV for up to 20 minutes after the market opened.
September 5th, 2015 at 01:09 am 1441415348
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September 6th, 2015 at 08:56 pm 1441573018