5 Must-Own Dividend Stocks Offer Reliable Passive Income for Life

Core Insights - Passive income is defined as revenue generated without the need for continuous active effort from the earner, making it an attractive financial strategy for individuals aiming to diversify income streams or achieve financial independence [1] Summary by Categories - Definition of Passive Income - Passive income allows for revenue generation without ongoing active involvement from the earner [1] - Financial Strategy - It is considered a desirable approach for those looking to diversify their income sources or attain financial independence [1]