Utility ETF, because of the uniqueness of the regulated utility market in this country. Based upon statutes, the utilities are guaranteed a return on assets. With the grid needing to be upgraded to nearly twice its size for the green movement, increased CAPEX means increased profits, and then increased dividends.

These are regulated monopolies, which have guaranteed returns, and a constantly growing demand.

Feel free to DM me for one on one discussion. . .

sportsguy

mutual fund from Vanguard
 

VTI fund. dollar cost average

Lot of great ideas, wonder what I should do.

retired Registered Investment Advisor

FYI, here is a link to the Vanguard Investments Utility ETF offering. The current yield is 2.88 percent, but the risk level is rated as 5 out of 5.

Vanguard ETF Profile | Vanguard

Build a homeless shelter

(352) 461-0645 My wife and I have put our money in Annuities’s, 8-14 % a year, depending on the particular investment. We do business with Skip West on CR 44 , across from Brownswood. Good Luck ! IF you do decide to give him a call, he offers a referral program, so use my name Taibi. :-)

I bonds are a great place. Currently earning 3.57% and will go over 6% on November 1st. Can't pull the money out the first year and there is a interest penalty if withdrawn in the first 5 years. The negative? One can only put in $10k a year per person ($20k if married-each need their own account). There is a small loophole where you can invest your tax refund into the I bonds, but that amount is (hopefully) not a huge amount.

Individual - Series I Savings Bonds

Retiredguy123-

A better description of your federal pension would be overly generous, unconscionable, and immoral.

I don't disagree with you. Federal salaries, benefits, and pensions are too high. It's one reason why the country is $30 trillion in debt.

Invest in stocks o spend like hell.

If you invest your money right, you don’t need to look at it all the time, maybe once a quarter.
Also, it’s safer and more profitable to be in indexed funds like vanguard which you pay a small expense fee (Some of mine have .02 % fee) compared to non-indexed funds with over 1% fees. Don’t buy loaded funds either, upfront or backend, these can be 4-5% or more.
I’ve been doing my own investing for 40 years without a broker and over time I do much better than friends that pay 1-1.5% broker fees because a lot of them sell funds that are best for them (loaded, high expenses) and still don’t make the profit of indexed fund’s overtime.
IMO, if you don’t know how to invest, there are a few brokerage houses that charge very low fees like Schwab’s robo investing (0% fees) or say Vanguard at .4% (check for sure) but you know Vanguard will buy you diversified low cost/low fee indexed funds

I have always felt better when I donated to wounded warriors or Tunnel to towers. Helping our hero’s is a great option.

Gold
Inflation hedge and inflation is in full swing.

At this time in your friend's life, he should really be thinking on how to give it away to charity, his relatives, like grandchildren for college education. I hate to be the nudge here. Surely his local church could use some money always. And quite honestly I have a very small charity that I run for Sumter in Lake county's giving away money in the tens of dollars to help local people you can PM me if you really want to, I've given away a baby stroller, helped with furniture, and toys. As far as investments you can always go to Kickstarter and see thousands of ideas people have for new businesses and help them out. Nothing is safe in this world