3 ETFs to Buy Now for Passive Dividend Income
With volatility spiking and stock market indexes like the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) down on the year, investors may be looking for ways to diversify their portfolios and collect some passive income.Exchange-traded funds (ETFs) are one way to invest in dozens, if not hundreds or even thousands, of stocks under a single security. Many ETFs also pay dividends.A couple of percentage points of annual dividend yield may not seem like much when stocks are reaching all-time highs. But dividends can be beneficial when equity prices are going down because they provide a return without the need to sell stocks.Continue reading
With volatility spiking and stock market indexes like the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) down on the year, investors may be looking for ways to diversify their portfolios and collect some passive income.
Exchange-traded funds (ETFs) are one way to invest in dozens, if not hundreds or even thousands, of stocks under a single security. Many ETFs also pay dividends.
A couple of percentage points of annual dividend yield may not seem like much when stocks are reaching all-time highs. But dividends can be beneficial when equity prices are going down because they provide a return without the need to sell stocks.
