Want Decades of Passive Income? 3 Stocks to Buy Right Now
Generating passive income can help put you on the pathway to financial independence. That income can steadily offset your expenses so you don't have to work as much in the future. It can also help give you peace of mind that you'll be OK financially if you ever lose your job.
There are a multitude of ways to start making some passive income. One of the most durable sources tends to come from real estate investment trusts (REITs). The top REITs pay attractive and steadily rising dividends. Here's a look at three great REITs to buy now for decades of passive income.
Realty Income (NYSE: O) is a passive income-generating machine. The diversified REIT has made 651 consecutive monthly dividend payments throughout its history. It has increased its dividend 127 times since coming public in 1994 (and for 30 consecutive years), including for the last 108 straight quarters.
Source Fool.com
