The Best Dividend ETF to Invest $1,000 in Right Now
Buying an S&P 500 index fund today will net you a rather disappointing yield of just 1.3%. You can easily do better than that with individual stocks, but then you have to spend all of your time researching and tracking them.A better option is an exchange-traded fund (ETF) -- in this case, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD), which basically does what you would do if you were buying individual dividend stocks. The best part is that its 3.7% yield is nearly three times what you would get from the S&P 500 today.There are a lot of different ways to slice and dice the market using dividends. The Schwab U.S. Dividend Equity ETF doesn't just take one approach. It uses dividends in a couple of different ways.Continue reading
Buying an S&P 500 index fund today will net you a rather disappointing yield of just 1.3%. You can easily do better than that with individual stocks, but then you have to spend all of your time researching and tracking them.
A better option is an exchange-traded fund (ETF) -- in this case, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD), which basically does what you would do if you were buying individual dividend stocks. The best part is that its 3.7% yield is nearly three times what you would get from the S&P 500 today.
There are a lot of different ways to slice and dice the market using dividends. The Schwab U.S. Dividend Equity ETF doesn't just take one approach. It uses dividends in a couple of different ways.
