By Rob Otman Monthly dividend ETFs can set you up with a steady stream of income. Instead of manually buying a basket of dividend stocks, all it takes is one buy order. Then month after month, you’ll collect income.
With the best dividend ETFs, the income increases over time. The companies in each fund continue to add more value to shareholders. And when buying a basket of stocks via an ETF, you benefit from instant diversification.
If one company stalls or even goes bankrupt, the others should help minimize the loss. And as already mentioned, the monthly dividend income should climb higher over the years. …read more