1 Brilliant Dividend ETF to Generate Passive Income While Barely Lifting a Finger
Use this ETF to generate thousands of dollars in dividends annually.
Overview
The idea of generating a passive income stream from your investments is relatively straightforward. Simply buy the stocks of dividend-paying companies, collect the quarterly distributions, and repeat the process over time.
The harder part is figuring out which dividend stocks are the best for the job. You could choose one with a yield of around 5% or higher, but those could be especially volatile or vulnerable to a dividend cut. Just look what happened to Campbell's not too long ago.
Details
That's why passive income strategies are usually at their best when they're built around stable, high-quality companies with healthy balance sheets and a history of paying and growing their dividends.
Source
Originally published at www.fool.com.
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