1 Rock-Solid Dividend ETF That Can Generate Passive Income for Decades
The Schwab U.S. Dividend Equity ETF provides investors with a high yield and exposure to many top dividend stocks.
Overview
There's nothing better than collecting passive income. Getting money for doing nothing. Just sit back and watch the dividend income roll in. It can be reinvested in stocks or simply used to cover expenses. While money may not buy happiness, it does provide people with opportunities and options for the future.
Dividend income is valuable, but there can be risks. While some dividend stocks may seem incredibly safe today, will that still be the case in five, 10, or 20 years? A lot can change, as investors have seen numerous headwinds impact the market since the start of the decade: a global pandemic, sky-high inflation, supply chain disruptions, and multiple wars. The further out investors try to plan, the more uncertainty there inevitably is.
Details
This is why, when it comes to dividends, the best option is to seek out a diversified exchange-traded fund (ETF) that can spread risk across many types of stocks. A great option for investors to consider here is the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). Here's why this can be a solid buy-and-hold investment for the long haul.
Source
Originally published at www.fool.com.