The unstable state of the market has been the ground on which Soros has tested his theory of contrarianism, arguing that financial markets are volatile and disorderly.
There is a popular saying in the stock market: "It's not how much you make in the stock market, but how long you live", and it is this saying that makes me have palpitations about long term investment.
A fund subscription is the process by which an investor purchases units in an open-ended fund during the fund's offering period, before the fund has been established.