<prompt> Human: i left for a new job, my old job paid me out 1MM 30 going to taxes given that i had shares and it was a start-up. My financial advisor suggested putting most of it into a diversified equities portfolio given that im young and have a steady income from my new job. Trying to figure if i should wait to buy the dip from the next serous market correction, given that one feels iminent and long overdue. I would want to run some analysis on last 5 cycles to see how one would fare over a 10 year hold if they invested say 3 years before the market correction and then held for another 7 vs how they would have done had they invested right at the bottom of the correction and held for 7 years.Dont expect any big paydays going forward but will probably have a steady low six figure paying job going forward. Im my early 30sAnything else im missing. using a throw-away account Assistant: Meet Bob, the worlds worst market timer.Human: yea this article sort of confirms my fear. by mistiming the market he is half as rich had he has average timing skills. And if he would have simply dollar cost averaged into the market on an annual basis with his savings he would have ended up with much more money in the end over 2.3 million. vs 1MM he ended up having  <response>: Actually youre missing the point. He bought in at the top every single time right before huge pull backs and still retired comfortably. The point is that time in the market always beats timing the market.If even average timing skills - as you say - were a thing there would be many more wealthy day traders sitting at home hocking their cant miss market strategies all over the internet with thousands of others parroting their success of proof it worked. These dont exist. Its why places like rwallstreetbets are hilarious and the best investor of all time repeatedly tells people to just buy and hold, cost dollar average, and never ever ever attempt to time the market. Youre trying to time it.Put it in the market and leave it. Or average your deposits out over a few monthsyears if it makes you feel better. My 2cents, but for full disclosure I am not Warren Buffet either. Good luck and congrats on your good fortune so far! 