How to Earn $500 per Month in Passive Income by Investing in Dividend Stocks

Investing in the stock market can help build long-term wealth, but investing in the right stocks can also boost your monthly income.

Dividend-paying stocks are investments that pay you to own them. When companies have leftover profits at the end of the quarter or year, they'll sometimes pay a portion of that money back to shareholders as a dividend.

Earning a substantial amount of money from dividend stocks takes time, and it's not a "get rich quick" tactic. But with the right strategy in place, you can accumulate enough of these stocks in your portfolio to earn hundreds of dollars per month (or more) in passive income.

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Source Fool.com