In this part, I cover the ten most common myths and misconceptions about dividends and ten common dividend investing mistakes (plus info on how to avoid them). And check out the appendix, which offers a list of Dividend Achievers. | Part VI The Part of Tens The 5th Wave By Rich Tennant Choosing the right dividend stock is like choosing the right hat. Vou tind one that tits you best and then you stick viith it. In this part. he Part of Tens is full of easily digestible tips tricks and insights designed to improve your success and enhance your life or at least keep you mildly entertained . In this part I cover the ten most common myths and misconceptions about dividends and ten common dividend investing mistakes plus info on how to avoid them . And check out the appendix which offers a list of Dividend Achievers. Chapter 21 Setting the Record Straight Ten Common Misconceptions about Dividends In This Chapter Busting myths about dividends Debunking legends about investing and investors c. . tock market investors and analysts often take sides on the issue of investing in dividend stocks. On one side are the cheerleaders who believe dividend stocks are the next best thing to free money. On the other are the naysayers who believe that dividend stocks are the next worst thing to a government takeover. As is usually the case when people start taking sides their radical beliefs are based on myths or misconceptions implanted in them by misinformation or someone else s misdirected advice. Truth tends to lie somewhere in between and only by stripping away some of the most common and influential myths is the truth revealed. In this chapter I bust the ten most common myths and misconceptions about investing in dividend stocks to provide you with a more balanced view. Dividend Investing Is Only for Old Retired Folks Dividend investing is admittedly attractive for seniors whose goals are typically capital preservation and income. Younger investors however can also benefit from a dividend investing model even if it comprises only a portion of their .