Published on 27 May 2024 on Motley Fool via Yahoo Finance
Exchange-traded funds (ETFs) make it super easy to be a passive investor. They offer instant, built-in diversification, meaning you don't need to actively construct and manage a portfolio.
These characteristics make ETFs ideal for those seeking to generate passive income. Two great dividend ETFs for passive income are JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) and Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). The ETFs offer high-yielding dividends, making them ideal for passive income production.
A premium income stream