ETF for Decades of Passive Income

Reported 6 months ago

Looking to generate passive income for a lifetime? Consider investing in utility stocks through an ETF like the Vanguard Utilities ETF (NYSEMKT: VPU). This ETF, consisting of around 65 utility stocks, has delivered annual returns of approximately 9% since 2004, with dividends contributing to a 3.6% yield. With a mix of dividend payouts and capital appreciation, this ETF offers a stable option for generating passive income for years to come, backed by the stability of utilities demand regardless of economic conditions.

Source: YAHOO

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