Reported 4 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