1 Rock-Solid Dividend ETF That Can Generate Passive Income for Decades
Key PointsHaving exposure to many types of stocks can be critical for dividend investors in order to reduce risk.
Investors seeking passive income can find solace in dividend income, but it is not without its risks. While some dividend stocks may appear safe, the future is uncertain, as historical events have shown. To mitigate risk, the ideal approach is to invest in a diversified exchange-traded fund (ETF) that spreads risk across various stocks.
One such ETF is the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). This fund is worthy of consideration as a long-term, buy-and-hold investment due to its robust dividend income potential.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
