Reported 1 day ago
The Global X SuperDividend ETF offers a compelling option for those looking to generate substantial passive income, with a recent distribution yield of 10.9%. Investing $10,000 in this fund could yield around $1,090 annually, equating to over $90 monthly, far surpassing traditional options like the S&P 500. However, potential investors should be aware of the higher risk associated with high-yield dividend stocks, which may reduce payments during financial downturns.
Source: YAHOO