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If you want to make at least $1,000 in passive income a month from the stock market, here are the 3 strategies I personally use:
1. Buy S&P 500 stocks and ETFs that pay dividends—Some of my favorites are Costco, Walmart, Microsoft, Visa, and SCHD.
2. Keep a portion of my portfolio in a Fidelity money market (SPAXX)—The higher interest here pays me around $200 a month.
3. Sell covered calls—This generates even more income.
These 3 strategies are how I build consistent passive income every month. What do you like to do to make passive income? -Steve
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Follow me @calltoleap for more tips on investing!
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