Investing in dividend stocks is easy. Exchange-traded funds Vanguard Dividend Appreciation ETF (NYSEARCA:VIG), iShares Dow Jones Select Dividend (ETF) (NYSEARCA:DVY), and SPDR S&P Dividend (ETF) (NYSEARCA:SDY) give you low-cost access to dozens or even hundreds of dividend-paying stocks, all within a single investment vehicle. If you prefer, you can also buy individual stocks, either through a broker or through direct investment plans. Blue-chip companies General Electric Company (NYSE:GE) and The Procter & Gamble Company (NYSE:PG) are just two of the hundreds of stocks that offer shares through direct plans and allow you to reinvest dividends automatically in additional shares at no fee.
It’s not hard
If these investment strategies seem simple, it’s because they are simple. Whoever said that investing has to be complicated was dead wrong. These suggestions won’t work as quickly as high-risk alternatives, but they will work in the long run, and the results you’ll get will be worth the wait.
The article 3 Simple Investment Strategies That Deliver Long-Term Riches originally appeared on Fool.com and is written by Dan Caplinger.
Fool contributor Dan Caplinger owns shares of Vanguard Dividend Appreciation and iShares Dow Jones Select Dividend. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Procter & Gamble, and owns shares of General Electric.
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