The S&P 500 is at all-time highs, but it’s never too late to start investing. Schwab US Dividend Equity ETF (SCHD) tracks the Dow Jones U.S. Dividend 100 Index, focusing on well-run companies with strong financials and growing dividends. It offers a 3.8% dividend yield, outperforming the S&P 500’s 1.2%.

The ETF is a smart choice for long-term wealth building, with a low expense ratio of 0.06%. It provides a diversified portfolio of dividend stocks in one purchase, targeting good companies with a proprietary scoring system. While lagging the S&P 500, it may present a less risky starting option for investment.

Consideration of the Motley Fool’s top 10 stock picks for potential monster returns excludes Schwab US Dividend Equity ETF. However, historical returns show significant outperformance compared to the S&P 500, making it a compelling investment option for long-term growth.

Read more at Yahoo Finance: Think You Missed Your Chance to Invest? It’s Not Too Late to Start Smart