Dividend investing prioritizes regular income from dividend payments. It is relatively low risk, focusing on owning stocks of mature, well established companies like Coca-Cola.
Growth investing focuses on buying stock with high potential for appreciation, even if they don’t pay dividends. It is a higher risk strategy as it is typically done with younger or fast growing companies like tech startups
Dividend investing is good for someone looking for immediate cash, while growth investing is perfect for a long term investor with a high risk tolerance. It is important to know what your goals are before you invest!
Source: Market Watch