When Dividends Are Irrelevant

You might think I am out of my mind, because the society has always preached about holding stocks for the long term to receive dividends that will become your passive income. Somehow the end goal is to have these dividends large enough to be your income strategy and voila, you can retire!

A disclaimer before we dive deeper into the dividends irrelevance theory: I do not mean dividends are unimportant to total returns, but what I am trying to convey is that dividends are irrelevant when determining which stocks have good future returns.