5 Starter Stocks to Generate Passive Income
Investing for passive income can be a rewarding strategy. Some companies pay their profits out to you as dividends, which can cover your living expenses, or you can reinvest them to buy more shares.
Dividends are a cash expense for businesses, so great dividend stocks come from profitable companies that steadily grow over time. Here are five dividend stocks with proven track records and dominant businesses that are simple to understand, making them perfect for the beginning dividend investor.
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Source Fool.com
