Want $1,500 in Annual Passive Income? Invest $1,500 in Each Of These 10 Stocks

The Federal Reserve's recent 50 basis point rate cut might calm market tensions, but economists warn it could lead to higher inflation and a potential recession.

With inflation soaring and impacting food and fuel prices significantly, many Americans might find passive income through dividend stocks to be a lifeline.

Investing $15,000 in a diversified portfolio of dividend stocks can yield an average annual return of 10.51%, highlighting the attractive nature of such investments.

Hercules Capital, focused on venture debt and growth capital, showcases the potential of dividend stocks, providing substantive returns to investors despite market fluctuations.

Read at 24/7 Wall St.