Want Decades of Passive Income? Buy This Index Fund and Hold It Forever.
This particular fund bucks one of investing's most common frustrations by not forcing you to compromise.
Are you looking for a lifetime of dependable income from investments you'll never need to manage ... or even check on? The premise seems impossible at first. Things just aren't that easy, after all.
Except, it is possible if you make a point of keeping things simple. An exchange-traded fund (ETF) is perfectly suited for the task. Not only does the average ETF hold more individual stocks than the average investor can feasibly manage on his or her own, but many exchange-traded funds' holdings are also automatically rebalanced for you, which takes your fear, greed, and lack of time out of the equation.
Here are three solid dividend-paying index funds that you could buy and hold for decades -- perhaps even forever -- and collect growing amounts of income the entire time. One of these choices, however, is arguably the best of the best.
