This Simple Dividend ETF Could Transform $500 a Year Into $10,000

Reported 1 day ago

The Schwab U.S. Dividend Equity ETF (SCHD) demonstrates how consistent saving and investing can lead to significant wealth. By starting with a $500 investment and adding $500 annually, an investor could grow their investment to over $10,300 in ten years, thanks to the power of compounding and dividend reinvestment. With a strong track record and a low expense ratio, this ETF offers an attractive option for long-term investors focusing on dividend income.

Source: YAHOO

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