If your time horizon is 10+ years out, make like your 401k and invest on schedule regardless of whatever the market is doing. (Though you might want to rebalanc

If your time horizon is 10+ years out, make like your 401k and invest on schedule regardless of whatever the market is doing. (Though you might want to rebalance if no one is doing that for you - i.e. if you handpicked your stocks) And I would reword the 5+ year rule as: don't put any money in the stock market that you think you might need within the next 5 years.