DGI and market value question

[Amos]

(10-03-2016, 05:26 PM)Dividend Watcher Wrote: Only you can decide whats "best" for you. Good luck.

Thank you for your reply.

I forgot to mention why did I have this question in the first place : this will also explain the last sentence in my original post.

As things are now, I invested money in stocks. Whenever I get X$ back in dividends I open my screener, see the stocks that answer the criteria and choose a stock from it. I plan to do the exact same thing (meaning, I'm not going to cash the money, I will use it for DGIing) but instead of waiting for the dividends to come, I will also use the sold stock money, as if it dividends, so instead of waiting 5 years for the dividends, I can use them after 1 year.

My wandering is between point 1 and 3. I know there's no right or wrong answer here, I wanted to get other people's thoughts about this in order to know whether I'm missing something. You did just that with your reply

I understand that I should consider the stock's PE, This will give me a better understand of the increasing market value of the stock. Thanks for pointing this out.