It’s a great feeling to have cash when the stock market is down. After all, who wouldn’t want to pick up stocks when they are cheaper? In fact, some may say it makes sense to always keep some money on the sidelines, ready to deploy when the opportunity arises. Others, however, will point out that waiting for stocks to fall would be akin to trying to time the market, an unwise thing to do. So, who is right? Clearly, a case can be made for both sides of the argument. Investors, though, may want to look at the bigger picture before deciding what they want to do. As markets go down, fear goes up Market downturns are a fact of life when it comes to the stock market. According to wealth manager Ben Carlson, the S&P 500, a barometer for the US stock market, undergoes a 10 per cent or more decline once every two years....