How Serious is this Bear ?

[allfromacell]

when you say ''cheaper shares''...do you mean cheaper than yesterday....or cheaper than tomorrow?

Cheaper than yesterday certainly, but cheaper than tomorrow? I don't believe that any person with any degree of certainty can answer that. What I can say is the stock market moves in cycles, there are periods of expensive shares when the market is full with euphoria and periods of cheaper shares when it is plagued with fear.

My strategy as outlined above is simple, I'll continue to buy the same sized parcels throughout. When we look back at the top of the next cycle I'll be able to say I bought a lot of 'cheaper' shares and likely have a nice average. Like i said before most posters here have decades of wealth accumulated and don't have the same amount of time should probably plan to preserve capital.