>They’ve almost entirely been speculative returns. While that may be true to some extent (especially with the more popular stocks like, let's say... Tesla, the

>They’ve almost entirely been speculative returns. While that may be true to some extent (especially with the more popular stocks like, let's say... Tesla, the P/E ratio is through the roof, although it got a bit better in the last year or two), but I feel that stocks that pay dividends do have actual gains - in the form of dividends. I personally prefer dividend stocks, because with the growth stocks you have to sell to get any profits or anything back, and I don't like to sell. Also, when the stuck is moving down, they usually still do pay dividends, which allows you to buy more of the stock at an even lower price. In my opinion, it's much harder to inflate the price of the stock through the dividends, because those actually affect the company. They need to have that money to be able to pay it out to the shareholders.