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Investing $97,182 in These 3 Funds Could Make You $10,000 in Passive Income in 2024

TheMotleyFool

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Investing $97,182 in These 3 Funds Could Make You $10,000 in Passive Income in 2024: https://g.foolcdn.com/editorial/images/759635/two-people-with-laptop.jpg

You could work really hard in the new year to pull in additional money. Or you could spend five minutes and then do nothing over the next 12 months. That's the beauty of passive income.

But how much money can you make and how much upfront money will it take? Investing $97,182 in these three funds could make you $10,000 in passive income in 2024.

Cohen & Steers Infrastructure Fund (NYSE: UTF) offers a distribution yield of 8.69%. Investing one-third of the initial $97,182 (which comes to $32,394) would generate $2,815 in passive income in the new year at that yield.

Source Fool.com

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