The Best High-Yield Dividend ETF to Invest $1,000 in Right Now

If you have $1,000 available to invest and are looking to buy a high-yield dividend exchange-traded fund (ETF), you need to tread carefully.ETFs are simple to buy and sell, but investors need to dig into the ETF's stock selection process so they know what they are really buying. Right now, one of the best high-yield dividend ETFs available is the Schwab US Dividend Equity ETF (NYSEMKT: SCHD). Here's why.When you buy the Schwab US Dividend Equity ETF, you are basically giving your $1,000 to someone else to manage for you. That's the point of an exchange-traded fund -- it is a pooled investment product, similar in nature to a mutual fund, only ETFs have a far more liberal trading policy. You shouldn't just give money to someone else without understanding exactly what they are doing with it and why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool