A one person prediction and he writes many articles for his advantage to get richer. People eat that stuff and money made for who every reads them. No one can predict what the stock markets will do.
Stock market started in America in 1792 and has been the longest running single business in America. The markets are ebb and flow system and if his prediction which I never read, but what percentage does he say it goes down too??
I won't be selling anything and holding pat if there is any storm on the horizon. You sell you pay taxes on all gains so not worth the trade for me. What goes down will go back up and more. The problem none when do you buy back in?? That strategy sell and buy back is never a winning game.
Taxes depend on your account type. Retirement counts dont have the yearly tax drag roth has zero. Youth stands on knowing where the top and bottom are I 100% agree with. So during dips I have my starting buy point and start buying and have more buy orders in at lower amounts.
Keeps me from geting two excited and taking to large a bite at what may higher price than I could have bought at . But if it bounces back up I dont buy as much as I was wanting so may not be the best approach. But after buying a large amount (for me) of one stock all at once and have it drop and stay much lower for a year before geting back above where I bought it at the nibble on way down approach and dollar cost averaging work well for me. My approach will likely continue to change and evolve as I gain experience and education.
