In recent years, affordability issues have placed a greater emphasis on earned income outside a regular 9-to-5 job. It’s not enough for individuals to make their 6-8% capital appreciation each year. Retail investors, whether DIY or Advisor-based, want more passive income.
One way to do that is through dividend-focused ETFs. This approach has been around for decades, probably since the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) was launched in 1993.
In recent years, various income-generating ETFs have been created that go beyond the SPY’s traditional 1.17% dividend yield. Some of them are good long-term investments.
These five top ETFs are worth buying for huge passive income.
This post originally appeared at 24/7 Wall St.