I’m fully invested. How can I take advantage of lower ASX share prices?
Image source: Getty Images
As many investors would be aware by now, the Australian stock market has taken a historic drop so far this Monday. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has plunged by an eye-watering 4.43%. That has left the index at just 7,328.2 points. It might be a no-brainer time to start buying ASX shares if you’ve got some cash on the sidelines, Warren Buffett-style. But what about the Australians who are already fully invested?
The investing strategy of being ‘fully invested all of the time’ in ASX shares is a sound one in theory.
After all, the markets tend to go up far more often than they go down. And over the long term, the share market has never failed to exceed a previous all-time…