1 Rock-Solid Index Fund Could Turn $400 per Month into $15,700 in Annual Dividend Income
Index funds are a great option for investors who prefer to spend very little time managing their savings. Think of them as prebuilt portfolios that can reduce risk by spreading money across a broad range of stocks. But index funds come in many shapes and sizes, so investors still need to do research.
With that in mind, the Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) is a compelling option for passive income investors. If it follows past performance, the index fund could turn $400 per month into an $825,100 portfolio over three decades, and that portfolio could then generate $15,700 in annual dividend income while continuing to grow.
Here's what investors should know.
Source Fool.com
Vienna Insurance Group Stock
€29.50
1.020%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Vienna Insurance Group stock is not clear.
As a result the target price of 40 € shows a positive potential of 35.59% compared to the current price of 29.5 € for Vienna Insurance Group.
