Want Decades of Passive Income? Buy This ETF and Hold It Forever.
Who doesn't want passive income? Even Warren Buffett has extolled it, reportedly saying, "If you don't find a way to make money while you sleep, you will work until you die."The wealthy have figured it out, and often collect much of their income passively, through dividends and interest, among other things. Even we more average people can benefit from dividend income, and a simple way to get it is via a dividend-focused exchange-traded fund (ETF) -- a fund that trades like a stock and that's invested in many dividend payers.Image source: Getty Images.Continue reading
Who doesn't want passive income? Even Warren Buffett has extolled it, reportedly saying, "If you don't find a way to make money while you sleep, you will work until you die."
The wealthy have figured it out, and often collect much of their income passively, through dividends and interest, among other things. Even we more average people can benefit from dividend income, and a simple way to get it is via a dividend-focused exchange-traded fund (ETF) -- a fund that trades like a stock and that's invested in many dividend payers.
Image source: Getty Images.
