Investing $250 per Month in This Dividend ETF Could Generate Serious Passive Income by 2040. Here's How.
Even modest monthly investments made consistently can generate a significant dividend income stream over time.
Overview
How much dividend income could a modest $250 monthly investment realistically produce by 2040?
It would be much easier, of course, if you just had $100,000 to drop into the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). Then you could start generating hundreds of dollars a month in passive income right away.
Details
Most people don't have that much. For many investors, buying shares regularly over many years is the path to long-term wealth creation.
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.