Invest $10,000 in This Dividend Stock for $1,500.50 in Passive Income

If you have $10,000 to invest, then you likely want a core asset you can set and forget. Which is why this investment is the best for passive income. Canadian investors with $10,000 on hand likely want a solid core stock for their portfolio. This would be a stock that they can set and forget, without the worry that they're going to suddenly lose that $10,000 overnight. In that case, one stock likely isn't going to cut it. Which is why we're going to discuss how exchange-traded funds (ETF) are likely a better option - and ones that can create…