<prompt> Human: I have never invested previously and have only recently learnt about index funds and ETFs reading rPF, Investors Manifesto by Bernstein. I have started using Vanguard, created a portfolio of stocks bonds and invested a small amount. My question is if I feel that the market is blown up and a correction is long due, does it still make financial sense to invest? My rationale was that if the stock market is due for correction, wouldnt that mean that I would be paying a premium if I invested right now? Does it make sense to hold onto cash and hope for investing it when the market is not doing so well?  <response>: Even if a correction is coming, you dont know when it will come so could miss out on big gains before the correction. So like everyone else, you should not try to time the market.A year ago people were asking the same question and would have missed out on 20 gains, even if there is, say, a 10 correction coming. 