David Stanley, a godfather of dividend investing in Canada and the man who brought us the uber-successful BTSX, wrote a post about about this very question:

Dividend investing isn’t the only way to invest, but it has many advantages for the DIY investor. 

Top 10 reasons a dividend-based strategy is ideal for DIY investors:

  1. Superior returns
  2. Simplicity
  3. Low fees
  4. Lower risk
  5. Lower volatility
  6. Tax-efficiency
  7. Inflation protection
  8. Steady income
  9. Diversification
  10. Flexibility