OK. So you’re not saying that the stock market is a complete waste of money?

I’m one of those people who had the words “dollar cost averaging” hammered into their head. I started putting 10% of my paycheck into various deferred comp plans right out of grad school, when I was 25. Now I’m 35 and I have 20% taken out of each paycheck (and, just like everyone promised, I really can’t feel it now).

Now I’m worried by everything I’m reading here. I have five different mutual funds, mostly aggressive b/c of my age. But if the stock market tanks too much, or for too long, I could be screwed.