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Got $10,000 to Invest? This High-Yield Dividend ETF Can Effortlessly Turn It Into More than $400 of Annual Passive Income.
Making money usually requires a lot of effort. You have to actively work at a job. Even passive income sources often require hands-on activity, like managing a rental property or a portfolio of dividend stocks. However, some income options are effortless. Investing in dividend ETFs is one of the easiest ways to generate passive income. These managed funds typically hold a diverse pool of income-generating assets, making them a simple way to collect passive income.One ideal dividend ETF for passive income is the Pacer Global Cash Cows Dividend ETF (NYSEMKT: GCOW). It can turn a $10,000 investment into more than $400 of annual dividend income at its recent dividend rate of more than 4%. You don't need that much to get started. Every $100 invested in the fund would produce over $4 of dividend income each year. Continue reading
Making money usually requires a lot of effort. You have to actively work at a job. Even passive income sources often require hands-on activity, like managing a rental property or a portfolio of dividend stocks.
However, some income options are effortless. Investing in dividend ETFs is one of the easiest ways to generate passive income. These managed funds typically hold a diverse pool of income-generating assets, making them a simple way to collect passive income.
One ideal dividend ETF for passive income is the Pacer Global Cash Cows Dividend ETF (NYSEMKT: GCOW). It can turn a $10,000 investment into more than $400 of annual dividend income at its recent dividend rate of more than 4%. You don't need that much to get started. Every $100 invested in the fund would produce over $4 of dividend income each year.
