1. Welcome to CowboysZone!  Join us!  Come on!  You know you want to!

Investing for income

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

  1. morasp

    morasp Well-Known Member

    2,572 Messages
    259 Likes Received
    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 Active Member

    928 Messages
    238 Likes Received
    Have you considered precious metals like gold and silver?
  3. morasp

    morasp Well-Known Member

    2,572 Messages
    259 Likes Received
    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

    43,716 Messages
    432 Likes Received
  5. morasp

    morasp Well-Known Member

    2,572 Messages
    259 Likes Received
    I don't know much about them. I'll check them out thanks.
  6. hipfake08

    hipfake08 Well-Known Member

    4,107 Messages
    52 Likes Received
    Closed end mutual funds - where you buy and it's auto re-invest.

Share This Page