Is it a good idea to invest in mutual funds, specifically total stock market index funds?
The answer “Common Sense” provided is excellent! I would agreee and reiterate: it is always a good time to invest in mutual funds and to do so regularly to take advantage of dollar cost averaging. I have invested in Vanguard for nearly 30 years. They are the low cost leader and provide excellent customer service. There are other companies but check the fees. Vanguard is about 1/5 of most other mutual fund companies and in fact is a “mutual” company. All the shareholders are the owners so you reap the benefits. http://www.vanguard.com Also, as CS said: read as much as you can. Vanguard (and I suspect others) have online resources to help educate the investor.
