3 Tools You Can Use to Build a Powerhouse Passive Income Portfolio This June

It seems like lately, the stock market has been making wild price swings in both directions on a daily basis as investors try to digest uncertainty and opportunity. For those investors who don't want to get caught up in the short-term drama, a better approach might be to take this opportunity to construct a passive income portfolio that can help you achieve your financial goals.

Stocks that pay reliable dividends are often less volatile than the broader market and tend to be associated with stable, large corporations that aren't going away anytime soon. This can take the pressure off market gyrations and produce income without the need to sell a stock down big off its highs.

When building this portfolio, consider these three tools you can use to help generate the passive income a portfolio needs.

Source Fool.com