It's easy to see why dividend stocks might appeal to investors. But while dividend stocks can serve as a nice means of passive income, they're not automatically a great investment. Here's why it pays to be careful with dividend stocks -- or perhaps steer clear of them altogether. If your investing strategy centers on filling your portfolio with growth stocks, then dividend stocks may not fit in. But if you hold dividend stocks in a brokerage account, then those payments could result in a higher tax bill for you.
Source: Daily Sun August 07, 2022 17:27 UTC