I’m 21 and have my Roth IRA maxed out, all in VOO. My regular brokerage account has been almost entirely Apple for about the last 3 years and it’s done pretty well. Lately I’ve been reading more about SCHD and other dividend focused stocks and ETFs, and I’m curious what the appeal is for someone my age.
I understand the basic idea of getting paid dividends and reinvesting them, but for younger investors, do dividend stocks really offer any meaningful advantages compared to focusing on growth? Are the benefits mostly psychological, stability, total return, or something else? Just looking to hear how people think about dividend investing in their 20s and what role, if any, it plays in their portfolio. Not looking for financial advice, just interested in the different perspectives.