You could invest in high yield trust deeds. These deeds are backed by real estate so their value can never diminish to zero. You can currently earn a safe 9-10% annual interest with your interest payments mailed to you or sent to a rollover account monthly. On a $250,000 investment at 10% interest, your monthly payment would be approximately $2,083 per month.
There are plenty of options available to you however without knowing the details of your current situation and goals, it would be inappropriate to give you specific advice. Please feel free to call me and discuss your situation and needs at 978-534-5830.
Post your reply
Do you have some thoughts to add or some advice to give?
Only registered Boomeraters can post replies. Log in to your account or Sign up now (it's free)
Looking for a financial advisor?
Search our extensive database of over 3,500 advisors from both independent and large firms.