VYM - 2 Solid Dividend Index Funds That Are Proven Moneymakers to Buy Now and Hold Forever
2023-09-19 05:44:00 ET
Dividend stocks offer passive income that many investors find desirable. But buying individual dividend stocks requires work. At the very least, shareholders should monitor the financial strength of the underlying business to ensure its dividend payments are sustainable, and that can be quite time-consuming.
Investors can save themselves some trouble with two exchange-traded funds (ETFs): the Vanguard High Dividend Yield ETF (NYSEMKT: VYM) and the Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) . Both index funds offer exposure to a diversified basket of dividend stocks, and they have consistently made money for patient shareholders over time.
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2 Solid Dividend Index Funds That Are Proven Moneymakers to Buy Now and Hold Forever