I'd certainly add in a correction, your clinic should have helped you with a correction ratio (eg 1 unit of insulin for 2mmol/L). Like insulin ratios, correction ratios vary from person to person.
Well, theoretically you should wait a bit, because you are are going to spike from the food and you ideally want to come down a bit first, but I guess it depends on how much you care about the spike and how hungry you are....
And bear in mind that if you wait an hour your insulin is likely to be acting much more potently than if you wait half an hour (I don't know which bolus you use but you can look up its time profile) so you may start to find your blood sugar plummeting if you wait too long. The trouble is, everyone has a slightly different reaction to insulin, so you need to learn you own reactions by experience.
Good luck, and happy bolusing.