<prompt> Human: Background: I am 22 and make about 55k a year. I use my 401k match 6me, 4them. I currently have about 120k in a schwab brokerage account. About 75k is invested 11k in a roth IRA, the rest is in ETFs distributed with high risk tolerance, high return. The other 45k is just sitting there. I also have 9k in a USBank savings account for emergencies is about 6 months of expenses. I have no debt. Basically, I have 54k sitting around doing nothing. I know in theory I should invest 45k of that but I strongly believe we will see a large market correction in the next 1-2 years and have already invested about 50k into ETFs in the last 6 months. It makes me too nervous to continue investing the 45k in the stock market right now. What should I do with the money in the meantime?Thank you guys gals!Edit: Thanks for all the help guys! I get your point and will invest it one way or another in the market. There are a couple interesting ideas here.Assistant: I strongly believe we will see a large market correction in the next 1-2 yearsWhether or not the market corrects in the next 1-2 years has very little bearing on how much the SP 500 is worth thirty years from now. Theres even a decent chance that the market will never be cheaper to enter than it is today.Figure out how much risk you can afford to take, what returns you need, and what youre emotionally able to tolerate. Set an asset allocation between stocks and bonds, stick to your plan, ignore market valuation for your decisions, and execute over the next thirty years.Human: What I keep trying to figure out but cant seem to do is actually find out if economist really believe this is the cheapest the market will ever be again. I was looking at the history of the dow and saw that when a correction hits, the price is usually set back a few years. I figured I would need to believe that a recession would not hit in the next 3 or so years to make the most of my money. However, I see your point that in 30 it will not matter- but also realize that a buying cheaper could end up accumulating into a much larger retirement over 27 years.Edit: Also, thanks!  <response>: I think you might find this article interesting : 