Those of you who have been keeping up with market news know that there's been a lot that happened recently. In addition to Greece's economy failing, the S&P 500 has been dropping quite a bit. The truth is, you should always be continuously buying index funds in small amounts over time if you are looking to invest for the long term, especially if it is for a retirement account, and the S&P 500 is no exception. Personally, I went ahead and grabbed some during this dip, because as we have seen from the past, people tend to overreact during crises like this. Anyone who had jumped in the boat and grabbed some stocks... pretty much any stock... right after the crash of 2008, would have came out ahead. Index funds are an even better and safer way of investing in a diversified group of stocks. However, one method of investing that a lot of people overlook is dollar cost averaging. If you simply bought a few hundred bucks worth of S&P 500 every single day over the course of a month, you would pretty much get that month's average cost of the fund, rather than if you were to just buy a HUGE amount all in one day. This is a good strategy for risk management. So to answer the question in the title of this blog, it's always a good time, but there's no better time to grab some index funds right after a huge drop when people are panicking and overselling at a loss. In other news, I would keep an eye out on international markets for a while, perhaps even stray away from them until things calm down. There is no telling where things are headed with all the volatility going on.