It's so annoying to see fear-mongering posts.
Stock markets are not crashing, they are sliding down. NOT crashing.
Fact is, it is a good time to buy stocks because when they drop they will most certainly go back up.
I see this as a opportunity to buy stocks. In fact I did the same thing in 09 when stocks were crashing. I then sold them for a pretty penny.
That's what I said a couple posts above. Everyone wants to buy stocks or whatever other asset class when prices are high or rising, and that's usually the wrong time to buy. I unfortunately only got to buy a small amount of stock in '09, and I definitely saw the opportunity there.