By Matthew Makowski Buy low, sell high. That’s the goal for most investors. But that adage ignores an important strategy. For example, Warren Buffett’s goal is to buy and hold forever. And he grows his wealth by holding passive income stocks.
So what are passive income stocks? They’re publicly traded shares of companies that pay dividends to shareholders. And the dividends are a prime source of passive income. After buying shares, it takes no work to earn those payments.
Unlike traders that buy and sell shares to turn a profit, investors in dividend-paying stocks will continue to see steady returns (as long as the company …read more
