How to build a low-cost income portfolio with ETFs

Source: John Waggoner, USA Today

Today we'll talk about the mysterious world of very small things: Molecules. Electrons. The interest payments from savings accounts. If you're just saving for a rainy day, today's low rates are annoying. If you depend on your investments for income, however, low rates may be slashing your standard of living. What's worse: Most mutual funds stink at generating income. Their fees erode any interest payments. But if you want diversification and income — and are comfortable with some risk — you can put together a decent income portfolio with exchange traded funds.

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moneywise, money, banking, financial, savings, investing

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