A. If you are a bargain hunter, the huge drop of Dow on Aug. 24 (down 1000 points) gave you a great buying opportunity, but only if you have an investment shopping list handy.
If you don't have one, it's probably time to build your investment checklist.
1. Reason for a List
If you have built an asset portfolio mix that is consistent with your investment risk tolerance level, now one class of assets (e.g. stocks) dropped 10% in the morning, your investment checklist should give you an indication that it's time to sell the other classes' of assets buying more stocks.
By the same token, if one of your investments declined 10% in one day, your investment checklist should prompt you to ask yourself - should I sell it or maybe even buy more (because such drop has made it even more desirable to own)?
An investment checklist helps you become an active investor rather than a reactive investor.
2. Where to Start
You can start from constructing a list of investments you would like to own or wish you could have bought more because previously you have deemed their prices are too high.
To get your inspirations, you could start by looking at recent losers, maybe they would rotate back to be winners next market cycle?