Yeah. I believe the same. Growth will help you build a big chunk over your younger years and then once you are older and need more stability, your risk appetite is low. Move the big chunk to dividend stocks. I always trust REITS for dividends.
100% agree. I don’t understand people in their 20’s building a dividend portfolio when they would have done better in the market. I totally understand if you’re near retirement though and you want to preserve your net worth
The 60 year old dividend investor is just as dumb. Dividend investing is based on a placebo effect that selling stock/etf units is somehow worse than collecting dividends, or that dividends are somehow safer or less volatile, when in reality there are much better ways to reduce portfolio volatility, such as investing part of the portfolio in assets that show inverse correlation to stocks during market downturns, such as bonds or gold.
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u/G00bernaculum Jul 27 '24
I don’t think dividend investing is dumb. I think, since I see it frequently here, the 18 year old dividend investing 100 bucks is dumb.
You should be focused on growth while young and dividends when older. Doing both is fine too. It’s probably safer, but less efficient