[murinace@aol.com]

Educate yourself!
My bible is:
The only investment guide you’ll ever need. By Andrew Tobias.
It’s worked for me for 40 years

[Geodyssey]

Originally Posted by Catalina36

IIM pays a Annual dividend of approx 4.8%, pays monthly the 1st of every month. Great time to buy now market is down.

On Thursday CNBC's Cramer said again "buy the dip!"

and "buy defense stocks! A lot of military equipment will need to be replaced! America is all about defense spending!"

[Geodyssey]

Originally Posted by bp243

Sorry, CFP is a designation, but is comparable to a CPA.

LOL, no.

[bioman419]

Originally Posted by Gigi3000

I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.

Do you people ever think about contacting a Financial Advisor? What gives.
Same with medical questions.....ask your doctor.

[retiredguy123]

Originally Posted by bioman419

Do you people ever think about contacting a Financial Advisor? What gives.
Same with medical questions.....ask your doctor.

Not the same. Most financial advisors are sales people working for commissions. Doctors aren't.

[Nell57]

At 63 you are young. I would get a part time job, they are paying $15 dollars an hour for
entry level positions.
You can earn $900 of your monthly expenses by working 16 hours a week.
Dental work, a new roof,(15K) new HVAC syst. ( 8K) broken appliances…. these are all in your future. Your car will need replaced sometime in the next decade.
I think that you are too young to hope that $250000 is going to see you through the next 20 years.

[daniel200]

You asked where to “invest” $250,000. In my opinion, much of the advice given here is more gambling than investing. Most “investors” never perform better than the US market index over time. If you want to invest this money, VTI is your sleep at night choice. It is a very low fee Vanguard etf that tracks the total US stock market.

With the Fed signaling it will increase interest rates, now is not the time to buy bond funds unless you want to “fight the Fed”. Almost all bond funds WILL decrease in value if interest rates rise.

[retiredguy123]

If you are not experienced in a variety of investment products, going to a financial advisor who makes their living on commissions from specific investment products is a bad idea. They will most likely recommend products that to will make money for them, not for you.

You can hire a "fee only" advisor, like a CFP, who will charge you by the hour for their time. But, they will often overcomplicate investing to justify their fee. They may produce a fancy financial plan that is not necessary for your situation. Some will want to charge you a percentage of your assets (1 to 3 percent) every year to manage your portfolio. Usually not a good deal. Also, some companies that sell commission based products, including insurance companies, will hire CFPs or CPAs to convince clients that they are providing independent advice, when they really aren't.

The only way to ensure that you are investing correctly is to do your own research and to become well informed about the variety of investment options. I don't see anything wrong with sharing investment experiences on an open forum. It can be very informative. My opinion.

[Michael G.]

Originally Posted by Bogie Shooter

Sand bunker rake manufactures. Forecast future sales increase…..

Orange construction barrels.

[Hifred]

I would invest a portion in PSLDX Pimco Stocks Plus Long Duration Fund Institutional Class. We bought to generate income because it has a 28.84% distribution rate and the dividend income rate is good. It pays dividends quarterly and after it pays dividends people tend to sell it and the price drops but it always comes back up. Morning Star Rating as of 1/31/2022 is 5 stars overall. It has a high return and has high risk. The expense ratio is low .61%. The goal of this fund is to provide both income and capital appreciation by investing in multiple asset classes, including stocks, bonds, and cash. These portfolios are dominated by domestic holdings and have equity exposures of over 85%. These funds typically allocate at least 10% to equities of foreign companies and do not exclusively allocate between cash and equities. We bought it through Schwab. Not sold through some brokerages because it was institutional sales only but you can get it through Schwab.

[Bellavita]

[buy land



QUOTE=Gigi3000;2063795]I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.[/QUOTE]

[Gigi3000]

Originally Posted by retiredguy123

Have you considered collecting your Social Security income?

Yes. I think I should start collecting it. Should get $1300 month.

[Gigi3000]

Originally Posted by dewilson58

$250k, no income...........needs $1800 per month, after tax.

Smells like you need 10% return on the $250k to survive.

Nope. Have about $700000 cash on hand, some ear marked for other endeavors.

[PersonOfInterest]

Originally Posted by Gigi3000

I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.

Buy a property in the Villages as a Rental Unit, or leverage the funds and extend to 2 rental properties.

[Gigi3000]

Originally Posted by retiredguy123

Have you considered collecting your Social Security income?

Yes. I think I should start collecting it. Should get $1300 month.