If you're hesitant to invest because you're scared the market will drop right after you buy, you're looking at investing the wrong way. You have no idea what the market is gonna do tomorrow, and neither do I, but I'm not worried about it.
You don't invest money in equities if you can't afford to leave it alone for at least 5 years.
If you're going to panic when the market crashes and 50% of your nest egg is gone, you're going to lose money every time you invest.
Good that you want to start young, and at 24, $3500 seems like a lot of money to risk. But even with a boring old Vanguard Index fund, if you didn't invest another penny the rest of your life, will grow to Approximately $390,340.86 at age 65*. You can do better than that though, But you have to get in the game, time is of the essence.
*Based on historical S&P averages.
This post was edited on 2/28 at 9:37 am