This Investment Could Turn $1,000 Into $6,700 Without Picking a Single Stock. Here's the Math. (Keep Adding Money, and It Could Grow to $687,000.)

So permit me instead to suggest an ETF that I own myself, and that helps me sleep better at night: the Schwab US Dividend Equity ETF (SCHD +0.85%). The S&P 500 recently had a dividend yield of merely 1%. It's been a very respectable performer, too:Period Average annual gain Past 3 years 14.22% Past 5 years 9.57% Past 10 years 12.64%How could the Schwab US Dividend Equity ETF grow your money? Let's say you make a single $1,000 investment in the Schwab ETF. Leave that work to the Schwab US Dividend Equity ETF.