That way, you're not completely uninvested during a recovery period. Now's the time to consider buying more shares, while everyone else is selling. Some of the most successful investors today are quiet contrarians who buy more when investments are down and the media is having a field day. That's what buying low and selling high is all about. You don't even need to make a big purchase.
Small investments can add up quickly.
We can't predict when the market will drop, but whenever it happens it's best to be educated and prepared. Don't wait until the market turns to discuss the impact of a market correction. Try to avoid predicting what the market will do in an attempt to sell high. Time, not timing, is often the best way to grow your portfolio. Discuss viable options with your representative.