Need $2000 in Passive Income? Invest Just $5000 in 3 Strong-Buy Rated Stocks

"It can also include income from limited partnerships, stocks, bonds, and other similar enterprises in which the investor is not actively involved. The more passive income that can help cover rising costs-such as mortgages, insurance, taxes, and other expenses-the easier it is for investors to set aside money for future needs as they prepare for retirement. Dependable recurring dividends are a recipe for success."

"The Federal Reserve may lower rates in September. Ultra-high-yield dividend stocks should fare well with lower rates. Investing just $15,000 could generate almost $2,500 in passive income. Is your portfolio generating enough passive income for you? Why not schedule a meeting with a financial advisor near you for a portfolio review? Click here to get started finding one today. (Sponsored)"

"Our 24/7 Wall St. passive income stock research database is a reliable source of the best investment ideas. We have identified three ultra-high-yield stocks that investors can purchase for just $5,000 each, for a total of $15,000, yet have the potential to generate almost $2,000 in passive income, a massive 13.34% on invested capital. Please note that this passive income portfolio is only suitable for those with somewhat higher risk tolerance."

Passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate. Income from limited partnerships, stocks, bonds, and similar enterprises where the investor is not actively involved qualifies as passive income. Dependable recurring dividends help investors cover rising costs such as mortgages, insurance, taxes, and other expenses, aiding retirement preparation. Lower Federal Reserve rates could favor ultra-high-yield dividend stocks. A targeted portfolio of three ultra-high-yield stocks, bought at $5,000 each, could generate nearly $2,000–$2,500 in passive income but carries higher risk; professional portfolio review is advised.

Read at 24/7 Wall St.