Any investor can boost their passive income with a few simple steps.

A steady stream of passive income is the ultimate goal for many investors. After all, who doesn't like the idea of having ever-more cash rolling in with little to no effort on their part?

Fortunately, anyone can boost their passive income with some savvy investing, and best of all, it no longer requires the risk and effort that comes with picking individual stocks.

Use exchange-traded funds

Today, the simplest way for most people to generate passive income is to invest in an exchange-traded fund (ETF) .

These funds represent a basket of stocks, curated based on some strategy, whether that be tracking a popular index or targeting a specific sector. ETFs are traded like stocks, and most importantly, they don'

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