.png)
2 ETFs I Plan to Buy in June to Increase My Passive Income
My long-term financial goal is to generate enough passive income to cover my basic living expenses. Once I reach my target, I won't have to work to pay my bills. I also won't have to sell stock during retirement to fund my financial needs. My strategy is pretty simple. I invest in income-generating assets each month as a march toward my passive income target. Exchange-traded funds (ETFs) are among the many vehicles I use on my journey to financial independence. Two that I plan to buy more of this June are Vanguard Total Bond Market ETF (NASDAQ: BND) and JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). Here's why I'm using these two ETFs to increase my passive income.Image source: Getty Images.Continue reading
My long-term financial goal is to generate enough passive income to cover my basic living expenses. Once I reach my target, I won't have to work to pay my bills. I also won't have to sell stock during retirement to fund my financial needs.
My strategy is pretty simple. I invest in income-generating assets each month as a march toward my passive income target. Exchange-traded funds (ETFs) are among the many vehicles I use on my journey to financial independence. Two that I plan to buy more of this June are Vanguard Total Bond Market ETF (NASDAQ: BND) and JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). Here's why I'm using these two ETFs to increase my passive income.
Image source: Getty Images.
