Look, there are two strategies being fought over here lately - dividends vs. growth.
I'm a proponent that growth stocks are simply better because you can pick ones that offer a good risk/reward ratio.
Dividend stocks are great, but to get the kind of gains I get with growth stocks, I'd have to spend a lot of time on that portfolio, which I don't want to do. And I just don't trust titles with a 20% dividend, don't get mad at me.
What do you think about this? 🧐 I respect anyone who goes pure divi investing because I know I wouldn't give it a go. 😀
I see a certain "security" in divi shares but again, from my point of view, you need millions of capital to make some interesting numbers... The fact that I barely make enough a year from dividends to feed an average dinner in one person's house doesn't really bother me and unfortunately my portfolio doesn't have the "power" for a bigger parade yet :)
I understand and agree with you in part. I try to have a portfolio composed of dividend stocks, value stocks and growth stocks.
And why not have both?
So it depends on who is a capable investor 😀 Some people can't afford to take risks, some people can't take risks, and some people are good at it. I'm all for a mix of both while I'm young, but over time I'll be steering it towards safer stocks, so dividend stocks mostly.
I'm a proponent of a strategy that meets my investment approach and delivers me sufficient yield;) I hope I don't go back to splitting wrong/right stocks based on whether they pay/do not pay a dividend.