How To Use Dividend Stocks To Make Passive Income

moonchild

VIP Contributor
Passive income is a goal many people aspire to reach, it requires a lot of work to get to, it's like a mountain, the higher you go the cooler it becomes.

Today, we'll be looking at using dividend stocks as passive income, dividend stocks are well known, there are even selective stocks usually called 'Dividend Aristocrats'.

The dividend stocks are those stocks that have shown positive growth over the decades, including the dot com bust and the infamous 2008 financial crisis.

These reasons are what attracts passive income earners to invest on them, the highest turnover is 3.5% which is actually decent, if you have a handsome amount to throw in.

Passive income has always been a way to preserve wealth not actually making it, unless you are a hedge fund which is not the case here.

With a guaranteed 3.5% returns, you can make a good amount if you can deposit around 10million.

You can also get to earn passively with their referrals, this can work if you have a rich circle that actually have money to invest.

Some of the well known Dividend stocks, are:

1) ExxonMobil(EXOM)

2) Clorox(CLX)

3) VF Corp (VFC)

You can check them out, I hope you enjoyed this articles, please leave a feedback.
 
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