If you are looking for something with similar (but not identical) risk, you've basically got two choices. First, you can shop harder for the best CD offers. Some institutions will offer higher-than-average yields when they need new money to fund a particular investment. You can do that shopping on websites such as www.bankrate.com.
The easiest, relatively low-risk way to do this is to buy shares of an exchange-traded fund that specializes in quality dividend stocks. The SPDR S&P Dividend ETF (ticker: SDY), for instance, has a current yield of 3.38 percent and an expense ratio of 0.35 percent. It invests in an index of the 60 highest-dividend-yield stocks in the S&P 1500 index that have increased their dividends every year for at least 25 years.
Source: My San Antonio
Related Articles:
- The Dividend Stock Life Cycle
- Stock Analysis: Lowe's Companies, Inc. (LOW)
- Dividend Stocks: The Good, The Bad and The Ugly
- Dividend Stocks Role In The Future Recovery
- Refining Risk Measurement Of Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.