1 No-Brainer High-Yield S&P Index Fund to Buy Right Now for Less Than $1,000
The S&P 500 index is offering investors a tiny yield of just 1.2% right now. You can do much better than that with SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD), which has a 4.2% yield. That's a full three percentage points higher! What you get when you buy this exchange-traded fund (ETF) is nuanced, but if you are a dividend investor, it is a simple way to add high-yield exposure to your portfolio.The fishing pool for SPDR Portfolio S&P 500 High Dividend ETF is the S&P 500 index, which is an important starting point. This index is hand-selected so that the companies included in the index are large and representative of the broader economy. Although that's not a guarantee that a company is going to be well run, it does weed out a lot of less desirable investment choices.Image source: Getty Images.Continue reading
The S&P 500 index is offering investors a tiny yield of just 1.2% right now. You can do much better than that with SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD), which has a 4.2% yield. That's a full three percentage points higher! What you get when you buy this exchange-traded fund (ETF) is nuanced, but if you are a dividend investor, it is a simple way to add high-yield exposure to your portfolio.
The fishing pool for SPDR Portfolio S&P 500 High Dividend ETF is the S&P 500 index, which is an important starting point. This index is hand-selected so that the companies included in the index are large and representative of the broader economy. Although that's not a guarantee that a company is going to be well run, it does weed out a lot of less desirable investment choices.
Image source: Getty Images.
