The 4.5% divi should limit much further downside, but hard to say if the bottom is in, especially if/when the markets fall back. I have not been investing for that long, but from what I've seen so far, it's impossible to call the bottom on any drop (unless it be "0p"), and you will be luckly to get within 5% of it in 1 of every 10 calls. That is why I intend to take a cost-averaging approach and buy again at the start of Feb & March, gradually building up my holding. Higher transaction cost because I have to pay commission 3 times, but a defensive approach that will benefit me if they slide further.