Got $1,000? Here's How Much You Can Make From These 3 Ultra-High-Yield Stocks This Year
One of the easiest ways to generate passive income is by investing in companies that pay dividends. These stocks can be an excellent source of income and help increase your wealth, especially over the long term.
Not all dividend stocks are the same. Some have modest yields of 2% to 3%, and can be a reliable source of income. Others generate high yields and can deliver big payouts, but there may be tradeoffs.
Three companies with yields of 9% or more are Blackstone Secured Lending Fund (NYSE: BXSL), Owl Rock Capital (NYSE: ORCC), and Ares Capital (NASDAQ: ARCC). However, these ultra-high yields come with added risks. Read on to see how much you can make by investing $1,000 in these stocks -- and if the rewards outweigh the potential risks.
Source Fool.com