I am afraid this market correction is not finished yet and I am hoping that we go down another 30%/40% , as I am 100% in cash, and have been waiting the last 8 months for a drop in prices.
Longer term you will be OK, but the next year is going to be brutal.
I am looking to get back into KBCA.BR , a bank, at around 20 eur if possible.
They are earning 5 eur/share and paying 50% out.
However I want a 2009 price ! Got to 3 euro back then from 95 euro, and I earned quite a bit that year :)