Want Decades of Passive Income? Buy This ETF and Hold It Forever (Do so and You'll Quickly Be a Part Owner of Chevron and Lockheed Martin, Among Many Others)

Do you want decades of passive income? Of course you do -- who wouldn't want cash just arriving at your doorstep, regularly, with little effort required? If you're young, that income can be used to boost your savings toward a down payment or can be deployed into more shares of stock. If you're in or near retirement, that income can help pay for your living expenses.A particularly effective way to invest in dividend-paying stocks is via a dividend-focused exchange-traded fund (ETF) -- a fund that trades like a stock and that's invested in many dividend payers.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool