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1 Top ETF Could Turn $250 per Month Into a $923,000 Portfolio That Pays Nearly $37,000 in Annual Dividend Income in 30 Years
Investing a little bit of money each month can really add up over the long term, especially if you invest it wisely. One of the smartest categories of long-term investments has been dividend stocks, particularly those that steadily increase their payments. Over the last 50 years, dividend growers have delivered an average annual return of 10.2%, according to data from Hartford Funds and Ned Davis Research. That's more than twice the 4.3% average return of non-dividend payers. The easiest way to tap into the power of dividend stocks is by investing in an exchange-traded fund (ETF) that's focused on them. The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the top dividend ETFs. By investing $250 a month into this ETF, you could grow your position in it to $923,000 in 30 years. Further, this investment could produce almost $37,000 in annual dividend income at that value. That could really help provide you with a more comfortable retirement.Image source: Getty Images.Continue reading
Investing a little bit of money each month can really add up over the long term, especially if you invest it wisely. One of the smartest categories of long-term investments has been dividend stocks, particularly those that steadily increase their payments. Over the last 50 years, dividend growers have delivered an average annual return of 10.2%, according to data from Hartford Funds and Ned Davis Research. That's more than twice the 4.3% average return of non-dividend payers.
The easiest way to tap into the power of dividend stocks is by investing in an exchange-traded fund (ETF) that's focused on them. The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the top dividend ETFs. By investing $250 a month into this ETF, you could grow your position in it to $923,000 in 30 years. Further, this investment could produce almost $37,000 in annual dividend income at that value. That could really help provide you with a more comfortable retirement.
Image source: Getty Images.
