In that vein, two popular choices among patient investors are the Vanguard S&P 500 ETF ( NYSEARCA:VOO) and the Vanguard Total Stock Market Index Fund ETF ( NYSEARCA:VTI). For minimal management fees and reliable dividends, you won't do much better than these two Vanguard funds. I'd call VOO and VTI smart-money picks, but which one is smarter for folks seeking long-term returns?
ETFs have grown into a dominant investment vehicle due to their intraday liquidity, with income-focused investors increasingly turning to high-yield names like PFLT, SCM, EFC, DX, and HRZN - each yielding over 9%.
Exchange-traded funds (ETFs) are must-haves if you're currently in retirement and you're looking for income. Many people focus solely on Treasuries or a mix of individual stocks and Treasuries, but you're missing out if you're not considering ETFs.