I'm looking for a type of investment that yields a monthly income.
My pay is very irregular and unreliable. I have enough money to invest with, and could save quite a bit, but a regular income, even a tiny one, would really ease my mind. So I just want to invest my excess pay the minute I get it. I'll keep doing this until I can retire.
Obvious choice is buying real estate and renting it out, but I'm dealing with sums of less than 50K at a time, and I don't live in the American Midwest. What's a more hands-free alternative for a monthly or quarterly payout?
Why do you care where you live when investing in real estate? Don't fall for the "I have to live close to my rental property" meme.
And 50k is a reasonable downpayment.
>>1288193
I could explain myself, but I'd rather not set foot in that hamster wheel. I am not buying real estate.
>>1288088
>regular income, even a tiny one
how small are we talking?
>>1288088
hashocean
>>1289464
If you're going to gamble with Ponzi schemes, at least choose a reputable one.
http://allmonitors.net/top/
>>1289486
true,
https://forexparadise.biz/home/partner/darkstar
dis shits working,
>>1288088
How much money you got? How much do you need the investment to yield?
>>1288088
GGN pays .07/share per month
Invest 10k into their stock and you'll be making about $110 a month
>>1289728
...NB I mean 5% annually, doled out in twelfths.
>>1289740
HOW ABOUT 0.85% HOURLY BRO
https://20dailycoin.com/
>>1289740
Bonterra Energy pays a monthly dividend and it's yield is almost 5%. Been doing so for 10+ years and will continue to do so unless oil falls below $20 a barrel.
AT&T (NYSE:T) yields 5% and pays dividends in January, April, July, and October.
Shell (NYSE:RDS.B) yields 7% and pays dividends in February, May, August, and November.
Altria (US cigarette giant; owns Marlboro among other major brands) (NYSE:MO) yields 3.5% and pays dividends in March, June, September, and December.
Realty Income (commercial property landlord) (NYSE:O) yields 4% and pays dividends monthly.
Buying a bit of each will ensure you a monthly dividend payment which should be reasonably steady and grow over time.
All of the above have very solid dividend histories and I would be honestly surprised by a dividend cut from any of them.
Hope this helps.