Want $4,000 in Passive Income? Invest $10,000 in These Dividend Stocks Now
Passive income is loosely defined as income generated without active involvement. Who doesn't want to make some extra cash with minimal effort? Three common sources from which investors can generate this type of income is ownership of rental property, licensing royalties, and stock dividends -- a favorite among investors such as Warren Buffett.
I've highlighted below two companies that share common characteristics for being the foundation upon which to build a successful portfolio. Investing in these stocks can put investors on the right path toward achieving their financial goals and enjoying the benefits passive income brings.
Source Fool.com
