The Fed is still not your friend if you are this type of investor: Cameron Dawson
Cameron Dawson and Matthew Tuttle provide guidance on the stock market on ‘Making Money.’
If you're wishing you had a little more exposure to income investments right now and a little less exposure to growth, you're not alone. The market's recent shellacking hasn't exactly been uniform; growth stocks have really taken it on the chin. And their sell-off may not be over yet.
The good news is, it's not too late to start shifting more of your portfolio into dividend-paying positions. You don't even have to do any stock picking to make this happen, either. This trio of exchange-traded funds (ETFs) can do the job in a snap. Here's a closer look at each.
2 ETFS THAT ARE ALL YOU NEED FOR RETIREMENT
iShares High Dividend Equity Fund
If your goal is producing above-average dividend income right now, your first stop should arguably be the iShares High Dividend Equity Fund.
Just as the name implies, this iShares fund seeks to maximize your payout by choosing stocks with superior dividend yields. That's not to suggest, however, it merely tracks down the market's highest-yielding names and shoves them into a bucket you can then buy a piece of. This fund is meant to mirror the Morningstar Dividend Yield Focus Index, which limits its constituents to U.S. stocks "screened for superior company quality and financial health."