Hello, as a young investor (in my mid 20s), I often hear the general consensus is to go for growth stocks as I have more time, more risk tolerance, and generally on a very high level, stocks do go up. I often see many people do a 100% XEQT strategy.

On the other hand, dividend investing (E.g: investing in dividend ETF, Big 5 Banks,…) also has its value overtime with compound interest and DRIP. I came across this post and it gives me the notion that Dividend investing is often overlooked since it’s not as glamorous as picking growth ETF/stocks. Also, 75% of S&P 500 returns come from dividends

https://www.reddit.com/r/dividends/comments/179dx1v/why_dividends_investing_does_not_appear_to_make/

From the perspectives of long time investors, which is the generally better approach/mindset?

My background: mid 20s, don’t have any short term goals/plans to withdraw money. I don’t find doing financial analysis particularly interesting, more of a couch potato / set-and-forget type of investor. Currently half of my TFSA is in GIC already. The other half, I’m deciding whether to do XEQT (growth) or a Big 5 Bank (use DRIP for dividend)

Thanks!