If I Could Buy Only 1 High-Yield Dividend Stock in October for Passive Income, This Would Be It

I have a fairly simple financial goal. I want to become financially independent. In my mind, I'll achieve financial independence once I start generating enough income from passive sources to cover my basic living expenses.This objective drives me to routinely invest in assets generating passive income, such as high-yield dividend stocks. I seek out companies with sustainable, steadily rising dividends.One company exemplifying these qualities is Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP). It has become a cornerstone of my dividend portfolio. If I were only able to buy one high-yield stock this October, Brookfield would be my choice.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool