Disclaimer: I have made no money and lost no money in this market. I am a third party observer.
I get a laugh at how when the market goes down it is a "correction" , as if something was out of hand .... and a drunken party was brought under control. If that is the case... shut the whole [censored] thing down and institute actual measured indicators that create a statistically responsible "market average" as a daily number. Give me a break. A so called "correction" is a LOSS.... As in numbers-went-down-people-lost-value. Just call it what it is. This repackaging of the numerical facts is insulting.
Now, beleive me, I know that this repackaging is not done just to be insulting to a person's intelligence, ther is no money to be made in simply that. It's marketing, salesmanship. And to that end, the "buy now when the market is low" phrase is adulterated. Would it be wise to buy low and to ENTER the market?? Sure!! Yes! I agree!
BUT being sold this message when you just put in money for months and it is gone...is selling snake oil.
The slickly worded message, when turned into plain English is actually...
Hi! This is Bob from XYZ Investments! You just lost alot of real money and now i need you to pump in more actually even beyond your normal amount so that your statement of account shows a summary number that makes it look like you didnt loose real actual money. So please send more so I can in effect cover up your loss by shifting numbers around.
In summary, unless the money you are putting into the market is really "throw away playable" dollars... keep it. And unless you can put in tens of thousands at a single time.... You are small fry. Dont kid yourself folks... Its a big dollar investors club. Your $20k riding allong like a sucker fish on a shark's back is the FIRST thing to be knocked off in a "correction". You simply dont have the numerical weight to make a quick enough rebound.