>I live by the rule what goes up must come down. In the long term, the stock market trends upwards. In other words, what goes down, almost definitely will go b

>I live by the rule what goes up must come down. In the long term, the stock market trends upwards. In other words, what goes down, almost definitely will go back up again. The ups-and-downs of the short and medium term are can be mostly ignored by those who aren't day trading. > The trick is knowing when to buy and when to sell. A bit understated, don't you think? Finding a peak is hard enough, when you're in it -- many were crying 'bubble' and moving out of their positions at the beginning of 2013... what suckers they are! And having the courage to pour your money into a fear-driven market when you've determined it's in a valley is even more difficult - if it wasn't, everyone would be doing it. Smart investors don't try to time the market. They put their savings in carefully, consistently, and sometimes buy what's on sale.