Yes, but, if you don't need the money in the next year or two, it doesn't really matter. Indeed, this is a great time to buy*. That said, I do need some of the money to help my kids pay off student loans.....so ya, this has hurt a bit. Really, most people should just ignore the market until they are much, much, older, and just keep putting money in. *that is not financial advice, that is an opinion. I repeat, that is NOT financial advice.