Stock market analysts and investors frequently take sides when it comes to the topic of dividend stock investing. There are the cheerleaders on one side who think dividend stocks are basically the next best thing to having free money.
Then there are the naysayers on the other hand who think that dividend stocks are the worst thing after a government takeover. There is a tendency for the truth to be somewhere in between these two views.
In this article, we will be debunking the four most common misconceptions and myths regarding dividend stock investing to give you a more balanced view on the matter.
Myth 1: Dividend Investing Is Just For Seniors or Retired People
Admittedly, dividend investing is very attractive for seniors, since typically their investing goals are income generation and capital preservation. However, younger investors also want the benefits from the dividend stocks, even when their portfolio value might …