Reported about 24 hours ago
Investing $500 each month in the Vanguard Dividend Appreciation ETF could lead to a portfolio worth approximately $968,400 in 30 years, which would generate annual dividends of around $16,000. This ETF focuses on financially stable U.S. companies with a history of raising dividends, providing both growth potential and reliable income for retirement. Given its track record, even without further contributions, the portfolio’s value could continue to increase significantly, enhancing the passive income generated.
Source: YAHOO