Avoid These Investing Pitfalls When Buying the Highest-Dividend Stocks
When it comes to the stock market, stocks with the highest dividend yields are incredibly popular among many investors thanks to their potential for paying out high returns. Warren Buffett is notorious for his love of high-dividend-yield stocks and has successfully amassed a great deal of wealth by creating a strategy that involves long-term investments in several of this type of stocks.
But what about the average investor? While there can be advantages to investing in stocks that pay out high dividends, there’s also a number of misconceptions associated with this form of investing. Before you start researching which stocks to buy, it’s valuable to delve into what high-dividend stocks are and what you need to know beforehand to decide if they're right for you.