Anyone not living under a rock this week knows that the stock market took a big dive. Not the end of the world for a dividend investor, so long as the price decrease doesn't coincide with a dividend cut. That being said, I have about 40K on the sidelines in money market accounts. I sort of consider this my emergency fund, although I'm not sure what kind of forty-thousand dollar emergency I might ever encounter. So is now the right time to take some/all of that money and invest in stocks? If so, which ones? I'm leaning towards holding off for now, and see where things are in a month. What would you do?