3 ingenious stocks that will give you a fat passive income without much effort
Choosing the right stock is an eternal topic. All the more so when it is a relatively long-term investment, ideally designed to provide passive income in the form of dividends in the future. Today, I'll try to look at three stocks that, by virtue of their business, name and quality, are often the choice of long-term investors.
Of course, it's worth mentioning at the outset that passive income in the form of dividends can be built up in different ways. Logically, the equation is higher dividend = higher income. But this is not necessarily true. As we often mention here - a high dividend yield is not necessarily good. The sustainability of the dividend, the fundamentals and stability of the company, and of course the potential for share price growth are also important. If a company pays a dividend but has nothing to pay it out of next year, or it falls 95%, we certainly haven't earned a stable passive income. But now…