Timing is Everything

Late last week, China had a stock market "correction" and took down most of the North American markets with it. This week the markets are still down.

I could have predicted this - after all, I had just invested in an index fund (XIU on the TSX). However, I'm only down 5% so far! I wish I had more cash in my stock account to buy more actually. Market overreactions are always a good time to buy.