Quick questions:

1. If you were to make biweekly contribution to a passive index fund, what index fund would you contribute too or consider a very good passive index fund?

2. Also seeing that the S&P 500, Dow and NASDAQ are currently high would you save your money and wait for these indices to fall to lower levels and then make your initial purchase and then make biweekly contribution or just start now since there is no way to time the market.