"3 Safe High-Yield Dividend Stocks for $10,000 Passive Income: A Smart Investment Strategy"

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Source: The Motley Fool
"3 Safe High-Yield Dividend Stocks for $10,000 Passive Income: A Smart Investment Strategy"
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TL;DR Summary

To make $10,000 in passive income this year, consider investing $115,000 in Ares Capital, Energy Transfer, and Enterprise Products Partners, which offer high dividend yields of 9.49%, 8.93%, and 7.72% respectively. These companies have strong financial positions and track records of consistent dividend payments, making them attractive options for generating passive income. However, potential risks include the possibility of dividend cuts or stock declines due to macroeconomic or geopolitical factors.

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