Diversification comes in a variety of flavors, from gaining exposure to different sectors to buying stocks that have varying market capitalizations. Income investors, in particular, can benefit from diversifying their sources of passive income with exchange-traded funds (ETFs) that pay out more than the benchmark S&P 500's current yield around 1.

Warren Buffett's safest passive income stocks are perfect for baby boomers looking to supplement Social Security or pension payments.

Read here for 5 dividend stocks that offer a rare combination of high yields, wide moats, strong balance sheets, and growing payouts for a lifetime of passive income.

Passive income is best when it’s stable and reliable. Our writer seeks out some of the top dividend stocks preferred by UK income investors. The post 3 reliable UK dividend stocks that investors like for passive income appeared first on The Motley Fool UK.

You can buy a bunch of stocks that pay quarterly dividends and set it up in such a way that you get monthly dividends. For instance, you can buy one stock that pays in January, another stock that pays in February,