Want $5,000 a Year in Passive Income? Just Buy These 3 High-Yield Dividend Stocks With $50k

Investing $50,000 in diversified high-yield ETFs, such as QDVO, QQQI, and SPYI, can generate $5,000 in passive income annually. Achieving a 10% average yield is necessary for this income level. Diversification reduces risk, as high-yield individual stocks can be unreliable. The QDVO ETF, for example, holds 48 stocks from well-known companies, balancing income and safety, eliminating the need for stock selection. Although higher yields may be tempting, safety should not be compromised when targeting income from dividends.

Investing $50,000 in diversified high-yield ETFs offers a safer approach compared to investing in individual stocks, particularly with options like QDVO, QQQI, and SPYI.

To earn $5,000 in passive income annually, achieving a 10% average yield is necessary. High-yield ETFs provide a balanced risk-to-reward strategy for this goal.

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