I've long maintained that exchange-traded funds (ETFs) offer investors one of the best ways to make money over the long term. They can provide diversification, allowing you to own a large number of stocks in one basket. They come in all varieties -- whatever your investing style is, you can find an ETF that meets your needs.

Income investors have lots of great alternatives. You might even argue there are too many choices. I think one ETF, though, especially stands out. Here's my pick for the smartest dividend ETF to buy with $1,000 right now.

I like it when the name of an ETF tells you pretty much what you need to know about it. That's the case with the SPDR Portfolio S 500 High Dividend ETF (NYSEMKT: SPYD). This fund has "high dividend" in its name, and that's what it offers.

Continue reading

Source Fool.com