Contrary Indicator?

[ChadR]

I agree with Kermin and Dividend Watcher. Being a DGI, valuations aren't the end all for me. A 20%-40% drop won't cause me to lose any sleep at night as long as the dividends aren't cut or eliminated. I'm currently 100% invested (not entirely 100% since I have around $400 in cash waiting to add more to it so that I can buy some more stock) and keep reinvesting my dividends into the stock that paid the dividend. To me having cash sitting in my account means missed dividend payments. And no matter what level the market is at, you will always have people saying it is about to crash or fall even further. When the market hit it's lowest point, you still had people saying it was going to fall even further. I've realized that if I listen to the naysayers, I would never buy stock because the next big crash is right around the corner and when it is crashing it will go even lower.

There are still lots of good deals out there today. Start buying because you can never get back the last dividend that you missed.