The Smartest Dividend ETF to Buy With $1,000 Right Now

When it comes to making money in the stock market, stock price appreciation gets a lot of attention because it's the most straightforward way to do so. You buy a stock for one price, sell it for a higher price, and make a profit. Simple enough. However, dividends can be just as effective at making money from stocks in many cases.Assuming you're investing in high-quality stocks or exchange-traded funds (ETFs), dividends are guaranteed income that investors can rely on quarterly (or monthly in some cases). Dividends can be an added plus when a stock is growing, as well as a buffer when a stock is falling.If you're looking for a high-quality dividend ETF to add to your portfolio, you should consider the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). A $1,000 investment today could go a long way with time and patience.Continue reading