My top financial goal for this year is to grow my passive income. I want to eventually generate enough of it to cover my family’s basic living expenses. That would help me reach a level of financial freedom where I wouldn’t have to worry about losing my job.
My strategy is simple. I buy high-quality, high-yielding dividend stocks with strong records of dividend growth. One of the best ways to gain exposure to top-notch, high-yielding dividend-growth stocks is through the Schwab U.S. Dividend Equity ETF (SCHD 0.39%). That’s why I’m loading up on this top ETF this year, which will set me up to generate a lot more dividend income in 2027.
Image source: Getty Images.
100 of the best dividend stocks in a single fund
The Schwab U.S. Dividend Equity ETF is a passively managed fund that tracks the Dow Jones U.S. Dividend 100 Index. That index screens companies based on several…