That’s my situation. I’m 42. Always been afraid of the market, but last couple years been thinking that’s foolish. I’ve been anticipating a drop and here it is. I know “time in the market beats timing the market,” but also this is a remarkable event. So: DCA starting now into an index fund? Stay out, wait out the volatility? Something else? Even after the last couple days, I’d be up if I’d gotten in a couple years ago when I thought I should. Right now all my cash is in a high yield saving account.