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Investing for income

Discussion in 'Off-topic Zone' started by morasp, Jun 1, 2013.

  1. morasp

    morasp Well-Known Member

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    I was wondering if anyone has found a low risk option for investment income other than annuities. I'm usually more of an active trader in the stock market but lately the market is only moving in one direction. I was looking at Preferred dividend ETFs like PGX and it looks like they've become a little more affordable the last three weeks.
     
  2. Reverend Conehead

    Reverend Conehead Well-Known Member

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    Have you considered precious metals like gold and silver?
     
  3. morasp

    morasp Well-Known Member

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    I've traded them in the past but rarely made money. The old saying about them is it's staircase on the way up and an elevator ride on the way down.
     
  4. theogt

    theogt Surrealist Zone Supporter

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    MLPs?
     
  5. morasp

    morasp Well-Known Member

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    I don't know much about them. I'll check them out thanks.
     
  6. hipfake08

    hipfake08 Well-Known Member

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    Closed end mutual funds - where you buy and it's auto re-invest.
     

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