The Schwab U.S. Dividend Equity ETF does what you would do if you bought individual dividend stocks.
Some investors enjoy the investment process, which is why they pick individual stocks. Other investors hate picking stocks and prefer to go with a pooled investment product, like a mutual fund or exchange-traded fund (ETF). If you are in the latter camp and focused on generating income from your investments, the Schwab U.S. Dividend Equity ETF (SCHD -0.45%) could be one of the smartest investments you can make today.
Keeping it simple, but not too simple
For most people, just living a normal life is enough to keep them occupied. Adding in trying to manage a portfolio of individual stocks is just too much to bother with. It’s stressful, too! That’s why pooled investment products like the Vanguard 500 ETF (VOO -1.60%), which tracks the S&P 500 index,…