Reported about 1 year ago
Building a solid dividend-focused portfolio by consistently investing $300 per month in a simple ETF like the Schwab U.S. Dividend Equity ETF can eventually result in a massive portfolio paying out $42,000 per year in dividends. This strategy involves reinvesting dividends during working years, allowing for the potential growth of a substantial asset that can be passed on to heirs. The ETF tracks the Dow Jones U.S. Dividend 100 index, comprised of U.S. companies with strong dividend track records and solid fundamentals, making it a low-cost option for investing in quality dividend stocks.
Source: YAHOO