Want $1,000 in Passive Income? Invest $5,750 in This Warren Buffett Dividend Stock and Wait 3 Years

·3 min read

Passive income has been hard to come by over the past several years with interest rates sinking to extremely low levels. Low interest rates are great for stock investors in general, as they support higher prices. Real estate investment trusts (REITs) have been a fertile place to find income, but many are also in businesses that can be highly cyclical -- which means the dividends aren't always dependable.

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