Want $1000 in Passive Income? Invest $1500 in These 5 Stocks

Want $1000 in Passive Income? Invest $1500 in These 5 Stocks Andrey Maximenko / iStock via Getty Images Work smarter, not harder, says the adage. Passive income is derived from ownership rather than labor or active involvement in an enterprise. One of the best ways for investors to create a stream of passive income is by owning stocks with healthy and reliable dividends or distributions.We screened our 24/7 Wall St. dividend equity research database, looking for stocks that pay massive dividends, and we f ...