Saturday, February 20, 2010

Passive Income Idea

Here is an excellent ETF:

I bought AOD in late 2008. Look at the charts for yourself and see how well they have done.

You might say the yield is too high and can't be maintained.

BUT, AOD doesn't buy shares that pay 20% dividends or higher, they just invest, recieve the dividend, then buy a new share. They keep rotating the investment and collecting dividends.

If you are looking at dividend paying ETF's for passive income, don't overlook AOD.

Be sure to see www.financialindependenceuniversity.com

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