Building Passive Income with Vanguard Utilities Index Fund ETF

Reported 9 months ago

Creating passive income requires the right investments and strategy. One way to start is by accumulating a substantial nest egg through automated investing, where recurring investments are set up automatically. The article suggests investing in the Vanguard Utilities Index Fund ETF (NYSEMKT: VPU) for generating and sustaining passive income. This ETF invests in stable utility businesses known for consistency, providing downside protection during bear markets and long-term wealth growth, with an expense ratio of just 0.1%.

Source: YAHOO

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