Thread: Safe Investments? Regular Payouts.

Guys, I don't make it to this section often enough but i need some advice.

I have a fair bit of cash lying around and I want to put it into some sort of a fund or security that'd pay me returns every month...I'm looking for a stable income of around $5,000. So i have a couple of questions:

1) What is the best way you'd suggest to invest that money?

2) How much would I be investing if i am to receive the stable income as mentioned above?

Thanks!

I'd probably be looking for real estate appropriate to the amount you wish to make in rent.

Or a stock that pays the dividend you're looking for, but I'm not sure if you'd be getting that monthly.

^ Thanks for the quick response.

Real estate is definitely the first thing that comes to mind but thats not exactly what i had in mind...real estate is not open to foreigners in Saudi Arabia.

And yes, like you said i probably won't be getting monthly returns in stock.

This is really bugging me right now, i need to establish a good enough income for now so that i can take some time off work and focus on my personal endeavors.

Any further help would be much appreciated!

$5,000 per/m = $60,000 per year.

A CD @ 1% return, you'd need to invest $6,000,000, and you could get that return, granted CD's don't pay out monthly, but it still equates to the same thing. That's about as safe as it gets.

Err, okay reality check.

I don't have 6 Million Dollars...when i say safe, i mean an income source i can rely on...Im not talking about a 1% return on a certificate.

I don't know, may be i'm sounding a bit naive but thats because i am, i am new to the investment stuff and i can use all the help i can get.

$6,000 is quite a bit for a monthly investment. You're talking a base investment of a couple million, no matter what field.

Around here say, rental properties which average $1,000 a month. You would need 6+ in order to gross $6,000 a month. Let alone initial investment eg; mortgages, taxes etc.

Just worry about your base employment and how you can advance in your field.

^ I see, that was enlightening.

Okay so lets dumb it down a little.

Lets say I need to around $1000 to $1500 a month but real estate is not an option, what would you suggest then?

As for my base employment, I have it covered, and there isn't much scope for me to grow in that field in this country which is why I'm looking into other options.

Much can be learned in this thread. Sub'd

$1,000 / month is still pretty high. Even with $10,000 invested that's a 10% monthly return. You will be the most popular feller if you can consistently make that kind of return month after month, year after year.

Hell I'd move my fund into yours as every 10 months I could essentially double my initial investment.

My math may be wrong, last night was brutal at the bar.

Safe never pays a high percentage. The safest investment I know of is my checking account with 4.09%. I've closed savings accounts with ING/Ally as my checking is more than double their rates.