Forget Dividend Stocks: Here's an Even Better Way to Make Passive Income

When the subject of passive income comes up, many investors will immediately think of dividend stocks. And rightly so. The best dividend stocks can generate reliable annual income with little effort on your part. 

Allow me to offer a different angle, though. Forget buying individual dividend stocks. Here's an even better way to make passive income.

You've no doubt at least somewhat familiar with mutual funds. You're probably well-acquainted with exchange-traded funds (ETFs). But there's a sort of hybrid between the two types of funds that you might not have heard much about.

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Source Fool.com