facebookI am 30 years old and thinking of starting to build a dividend portfolio. Is the current stock market valuation too high for me to start now? - Seedly
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Anonymous

24 Jun 2021

I am 30 years old and thinking of starting to build a dividend portfolio. Is the current stock market valuation too high for me to start now?

My biggest concern is that if a market downturn were to come soon I will be hit by huge capital loss.

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    Discussion (10)

    What are your thoughts?

    Jason Sing

    Jason Sing

    25 Feb 2020

    Level 10Β·School Of Hard Knocks And Life at School Of Hard Knocks And Life

    Since your biggest concern is a market downturn, you may want to do dollar cost averaging of about $200 to $300 every month. This is because time in the market is better than timing the market. You never know when is the best time to enter the market. Just my humble opinion.

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      The best time to enter market is yesterday, next best time is today.
      Yr concern is valid. U can consider dca method if u r worry market melt down the next moment after u purchase. Many ppl fail dca because of discipline and panic when market goes down.

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        Do no be so sensitive to market news. I have heard too many stories from my own friends that they wa...

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