Is It Too Late to Buy These 2 Brilliant Passive Income Stocks?
If you're looking to generate passive income in the new year, there are plenty of ways to do so that don't involve starting a second job or freelance gig. As you work toward your short-term and long-term financial goals, investing is one of many ways you can grow wealth with time.
Dividend stocks can help you build your passive income streams, because you can benefit not just from the share price performance of the business, but from regular (usually quarterly) Dividend distributions. There are Dividend stocks you can buy across a range of industries, from consumer goods to healthcare to real estate.
When you're looking at dividend stocks, a favorable yield isn't the only factor you should evaluate. In addition to ensuring you choose dividend stocks that are backed by solid businesses and moderate payout ratios, you should also make sure the company has a solid history of paying its dividend through economic thick and thin, and raising it with the passage of time.
Source Fool.com
