I figure the market has been trading sideways for over 10 years now, and we're coming out of one of the biggest recessions in history. I think this is a long term bull run.
entry point around 1220 on the SP 500. Keep your powder dry!
By going into an index fund you are likely to do better than 80% of the people but mutual funds have disadvantages due to their structure. I was reading very good description of problems at http://www.chainstreet.com/?page_id=230It seems index is better than most becasue it has less issues but by investing in index you are guarantied to get average performance , be it good or bad.
Too bad you didn't go all in for NAESX. Your return over the last 10 years would have been much better than the S&P500.