3 Surefire Stocks to Kick-Start Your Passive Income Portfolio
Passive income is a retirement savings cheat code. Capital appreciation comes and goes (ask growth investors this year), but dividend payments are cold hard cash that gets sent straight into your account. You can use them to reinvest in the source or use the cash on some other investment -- even a growth stock.
The key is to find a strong company with a history of paying and growing the dividend. Three stocks, UMH Properties (NYSE: UMH), Federal Realty Investment Trust (NYSE: FRT), and Realty Income (NYSE: O), all fit the bill and can get cash flowing into your account.
Mike Price (Realty Income): Realty Income is "The Monthly Dividend Company." Officially. It trademarked the name.
Source Fool.com
