what I would say is: If you have savings and you are sure you don't need those money anytime sooner in future, then its worth buying stocks. Market is always up and down like a bouncing ball. There is a time to catch it and release it.

Here are some quotes by stock daddy Waren Buffet:

Someone's sitting in the shade today because someone planted a tree a long time ago.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

Our favorite holding period is forever.

Time is the friend of the wonderful company, the enemy of the mediocre.