3 Dividend Stocks That Are Easy Money
More on: Image source: Getty Images
We all make financial mistakes. Some of us don’t save enough for our retirements, while others spend more than they have. But one of the most common financial mistakes most people make is that we don’t create passive-income streams for ourselves and rely quite heavily on a single income source. It’s not necessarily a bad thing, but in this volatile economy, it can be devastating if you lost that single source of income.
There are several ways of creating an alternative income stream. Some of those ways require you to have a hefty amount of capital (like real estate), while others might be a bit risky (growth stock). Some investments also require you to take an active part in “managing” the investment.