Want a Portfolio That Pays You $1,000 a Month in Passive Income? This Dividend ETF Could Get You There.
It's as stable and consistent as you'd hope from a dividend ETF.
Overview
Many forms of passive income exist, but in the stock market, the most common is dividends. Dividends reward investors for simply holding onto a stock, regardless of how the stock price moves.
If you like the idea of an extra $1,000 monthly without any extra work, dividends are one of the best ways to get there. You don't have to rely on a single stock to do it, either. A dividend ETF like the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is your ticket, and it comes with less risk than a single stock.
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Details
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.