I have an elderly family member that settled a disability claim finally. She approached me with the question of what she could invest in to supplement her income for the rest of her life (her only other income is social security). Unlike the past, putting the money into a savings account, CD, treasury, ect. is pretty much useless due to insanely low interest rates.
This pretty much only leaves the choices of real estate, buying a part of a business, or dividend stocks. With the assumption that the FED is destroying the value of the dollar, real estate and certain dividend stocks do look attractive. The option of putting all her money in one local business is a bit risky for someone of her age. With the elderly, being a landlord (landlady?) isn't always viable. This leaves her with the limited choice of buying dividend stocks in an overheated market.
I am sure many people in their retirement years are facing a similar situation. There are so few places to invest thier nestegg for income.
:shrug:
This pretty much only leaves the choices of real estate, buying a part of a business, or dividend stocks. With the assumption that the FED is destroying the value of the dollar, real estate and certain dividend stocks do look attractive. The option of putting all her money in one local business is a bit risky for someone of her age. With the elderly, being a landlord (landlady?) isn't always viable. This leaves her with the limited choice of buying dividend stocks in an overheated market.
I am sure many people in their retirement years are facing a similar situation. There are so few places to invest thier nestegg for income.
:shrug: