7 Dividend Stocks Justin Bieber Should Buy

Justin Bieber recently sold his music catalog to the Hipgnosis Songs Fund ($HPGSF — an interesting investment idea that’s been covered by The Onveston Letter).

Hipgnosis paid the Biebs $200 million for his music.

Assuming 50% of the sale goes to taxes, this leaves Justin Bieber with $100 million left.

In today’s article, I want to share seven dividend investment that could support Justin Bieber for life — without forcing him to ever touch his $100 million principle.

1. Vanguard S&P 500 ETF ($VOO)

This is the most boring, straightforward investment imaginable.

It’s also safe, low-fee, and keeps you diversified across some of the biggest companies in the world.

While I have several personal grievances with the Vanguard S&P 500 ETF, mainly that it’s heavily weighted towards a few mega-cap companies, this is still a safe investment.

Justin Bieber could put his $100 million into VOO and collect over $1.5 million per year in dividend income.

Not bad!

2. Vanguard High Dividend Yield ETF ($VYM)

Another low-fee Vanguard fund, this one is focused on generating passive income.