A VIX reading of 30, 40, or especially 50+ is a 'generational buying opportunity' for long-term investors.
"If you ever see the VIX go to 30, 40, 50, you better be loading the boat... The VIX 50 plus is the biggest buy signal long-term investors can ever get. You know, over the next does the market do better over the next few weeks or next few months? That's anybody's best guess. But as a long-term investor, show me one time period where it didn't make sense to buy buy when the VIX is 50 plus. Doesn't exist. And guess what? Every time period the VIX ever went 50 plus, you got a generational buying opportunity. Every time."