3 Top ETFs I Plan to Buy in May for Passive Income
I'm on a mission to produce more passive income. My strategy is to grow my passive income so that it can cover my basic living expenses. That would enable me to become financially independent and relieve the stress of needing to work to pay the bills. One aspect of my plan is investing in exchange-traded funds (ETFs) with strategies focused on generating income. Three of my favorites are Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD), JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ), and Vanguard Total Bond Market ETF (NASDAQ: BND). Here's why I plan to buy more of these top income-producing ETFs this May.Image source: Getty Images.Continue reading
I'm on a mission to produce more passive income. My strategy is to grow my passive income so that it can cover my basic living expenses. That would enable me to become financially independent and relieve the stress of needing to work to pay the bills.
One aspect of my plan is investing in exchange-traded funds (ETFs) with strategies focused on generating income. Three of my favorites are Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD), JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ), and Vanguard Total Bond Market ETF (NASDAQ: BND). Here's why I plan to buy more of these top income-producing ETFs this May.
Image source: Getty Images.
