Women practice law. Women outlive men. Women control family assets. But less than 10 percent of the approximately 400 stockbrokers in Memphis are women. Like black holes, smoking, and the continuing popularity of major-league baseball, this is a mystery beyond understanding.
Dividends are for retirees.
Or those who need income, but generally not for people with a long investment horizon. We calculated dividends in this contest for two years and it didn't make a nickel's worth of difference. At 3 percent interest, your money won't double for more than 20 years. The Dow is up 10-fold in the last 20 years. So that's the gist of the wisdom gained by poring over other people's investments once a month for five years.