Ok, this is a common question asked...
Once again I will say, this is not any recommendation to buy or sell or any investment advice.
I have experienced this myself so I am just highlighting what I feel/felt about investments and waiting for crashes.
I've been sitting on pretty much cash for sometime already. Once again, this is not to say that this is the best strategy. This is what I think is suitable for me and my own situation.
Ok so basically, the idea is very simple.
If I hold cash and wait is that better? Or is staying invested better?
The below table illustrates better.
First scenario.
Person A holds cash and waits for a crash. In year 16, there is a crash and he gets into the market.
Person B buys some low volatility stocks with 5% return, dividend plus capital appreciation. He gets 5% return for 15 years, and year 16, there is a crash ......