Ge Annuity

I have a friend who is 61, it has about 30K to invest and eventualy sell their principal residence and the waist down. This will free up about 150 to 200 thousand for him to invest. She will need those funds to generate income for living expenses. I wonder what is the best solution for it?

1. CD
2. Mutual Funds
3. Bonds
4. Immediate Annuity
5. Dividend produce blue chips (WMT, GE, MSFT, BAC, and ..)

Should it be a combination of the foregoing. I wonder if I manage money for it or I should perhaps point to an investment firm for professional money management, like Raymond James and Charles Swab?

The advice is appreciated, thank you.

You can manipulate ... she can learn to manage ... and you can talk to "professionals" where you invest.Look in different approaches to Fidelity on their website ... the creation of about three different portfolios on Yahoo or elsewhere, using different allocations ... compare as and when .. see what he likes or "does the job.
Search: http://www.dividenddetective.com
Dividend stocks are producing a good basis for an income "portfolio monthly dividends have ... a lot ... and if you choose not to reinvest automatically, the divs are deposited in your account base and can be removed as required. .. Trust Royal are a decent price now, which puts a portion of their returns of around 13-15%.
They will change certain tax rates in 2011 ... but you're good 'til then.
When the house is sold ... up in about 50% .. Blue Chip Mutual Fund ... then look at some things that are "global" or "international" maybe even a balanced fund of stocks (and bonds) in this area.
A small portion of the assets can continue to look for "What's Hot" ... not run hot individual stocks, but to find the area (s) that funds are exceptionally well done .... now that the international growth of energy ... .. . Tech may be able to return.
If you go to "hands-on and self-defense, doing" What's Hot "in the ETF, rather than cash (easier to get in and out ... without" short-term costs etc.)
Do something with a good portion of the $ 30,000. and see how you get to (with its obviously very involved) ... and tell you if you can / should handle the increased quantities on the road.

If you want to keep as a friend, I suggest not manage money for her especially since you are here asking questions about the best options for income.

As she is 61, inflation is a major concern. This must be always present in the investment considerations. Therefore, investments in shares with a record of increasing dividends should certainly be at the head of the list. There are two options that allow this. 1. Investments in mutual funds whose strategy is said to invest in stocks with a history of rising dividends. 2. investments directly in stocks. A question that needs answering is whether it needs a monthly income. This will be of importance in the selection of investment options.

Several bank stocks currently pay dividends in the range of 5% and raise their dividends every year for many consecutive years.

Among these are BAC, USB, BBT, C. But as good as the dividend and the most consistent, it does not pay any money to put in a purse or industry. There are companies that pay dividends much higher too. Some of these investments could be good and others not.



These mutual funds that are pay equity and yields are relatively high at 9.5% HCE. It accomplishes this by writing covered call options of its funds.

BDJ pay monthly at 8.9%.

For reasons of KE.