If You Invest $50 a Week in SCHD, Here's What History Says You Could Collect in Passive Income by 2046
Even small, regular investments can turn into thousands of dollars in annual dividend income.
Overview
What could $50 a week realistically turn into if you invested it in the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) for the next 20 years? History suggests it could be quite a bit.
Let's start with contributions. Investing $50 every week translates to $2,600 annually. Keep doing that over the course of 20 years, and you'll have contributed $52,000 in total.
Details
Now, the most important part: the power of compounding.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.