Want an Easy Way to Make $10,000 in Passive Income? Buy This High-Yield Dividend Stock.
Your odds of making $10,000 by snagging a lottery ticket are slim. The same is true with going to the nearest casino.
But earning that amount of money without having to work for it isn't a futile dream. The secret is to have someone else put your money to work and pay you for the privilege. There's a simple method for doing this. Want an easy way to make $10,000 in passive income? Buy this high-yield dividend stock.
You could count the number of S&P 500 stocks with dividend yields of more than 7% on your fingers. And you could count the number of S&P 500 stocks with yields greater than 9% on your thumbs. Devon Energy (NYSE: DVN) is one of those two stocks.
Source Fool.com
