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Wednesday, 02/24/2021 11:03:27 AM

Wednesday, February 24, 2021 11:03:27 AM

Post# of 978
Excellent: "8 Reasons Why I’m Not a Dividend Income Investor"

"This post largely originated after seeing all the misinformation surrounding dividends floating around Reddit and YouTube recently. Most users on the M1 Finance subreddit, for example, seem to be very pro-dividend, almost unwaveringly so and nearly cult-like, so I’m a little afraid to even open this can of worms for fear of being pitchforked.

It’s scary how much cavalierness, misinformation, myths, and downright harmful advice in regard to dividends that I’ve seen thrown around on some of these forum posts and in YouTube videos promoting dividend investing. Moreover, most of these people seem to be doing this in taxable accounts, which makes me cringe even more. So I felt the need to illuminate some perhaps lesser known truths surrounding dividends and help people preserve their capital and returns."

much more...
https://www.optimizedportfolio.com/dividends/


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