5 High-Yield Dividend ETFs to Buy to Generate Passive Income
Who wouldn't want passive income? By definition, it's cash that just comes to you without you toiling for it. You don't have to work at a job, inherit money from a wealthy relative, or even rob a bank for this money.
There are many potential sources of passive income, and not all will appeal to everyone. You might buy properties and rent them out, for example -- but that does require occasional effort and some real estate savvy. Buying a fixed annuity can set you up to collect monthly payments, too, but you'll typically need to fork over a significant sum for that annuity first.
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Source Fool.com
