Want $2,000 in Passive Income? Invest $10,000 in These 3 Monster Energy Stocks and Wait 3 Years
The energy industry is a passive income lover's dream these days. Many companies in the sector trade at bottom-of-the-barrel valuations, in part because some investors don't want fossil fuel companies in their portfolios. Meanwhile, the industry is paying out gushers of dividends, fueled partly by tight energy market conditions. That sets investors up to generate lots of passive income from the sector in the coming years.
For example, a $10,000 investment spread across monster dividend payers like Crestwood Equity Partners (NYSE: CEQP), MPLX (NYSE: MPLX), and Pioneer Natural Resources (NYSE: PXD) could produce $2,000 of passive income in less than three years.
Energy Stock
Source Fool.com