My ex-wife used to like cars that were red. The color of the car had nothing to do with the quality nor the performance of the car, they just happen to be red. She made the argument that red cars run faster and are prettier, and in many cases that were true.
The same thing happens with dividend stocks. There are many dividend stocks that are of great quality, but that is NOT the place where we should focus our attention.
One day, I stopped arguing with my ex-wife about red cars and accepted her belief, and one day I stopped arguing against people who focus on dividend stocks and accepted their beliefs as well.
