Face it a lot of people are nervous about the market. Some have witness several bear market like the dot-com crash @ 1991-2001 and the financial crash @ 2008. Developing a plan and sticking to it will help you achieve your long term goals. (Check out my asset allocation plan Here. The key is to not panic when the market is due on a correction. Now is the time to invest!

The reason you should invest now is that no one has a crystal ball that will tell you if the market will rise or fall. The longer you wait the more procrastinating you’re doing its impossible to time the market, currently the S&P 500 is at an all time high of 1800 points. No one can tell you that next year it will gain 500 points or lose 500 points. Your best option is to dollar cost average your money into the market. This will take your mental emotion out of the way trying to time the market. The younger you are the more time you will have to ride out the bump on the road. Focusing on your long term goals will prevent you from taking any shortcuts,

What’s the best plan? To contribute a fix amount monthly, some month you will buy low and some you will buy high. Remember you’re investing toward your future, keeping your money in a saving account will do you no good because it will not be able to keep up with inflation. Sometime you have to take a little risk to gain a bit. By risk I do not mean to invest all in one stock diversify your holding and do not put all your eggs in one basket. Learn more about index investing for diversification Here. Remember the longer you wait the more time you will lose from seeing your basket grow. Just set it and forget it (Okay maybe not forget it, but just automate monthly fund to your investment account).