Is there any way to get a monthly income of an investment of $100k?

Question

About how much would it be?

Answer 1

Put it into Income Trusts paying 10-20% per annum. Most of the companies pay dividends monthly. I just invested $100,000 for someone and am getting them over $1,000 a month, every month.

Answer 2

Yes, you can invest in a taxable bond and receive monthly interest payments (although you will owe taxes on the interest) or you can receive a little less money but not pay taxes on it by investing in municipal bonds (get those bonds that are triple tax exempt to avoid federal, state, and local taxes).

You can also increase the monthly income if you are OK with paying down the principal, but that is not advised until you are in your retirement years.

Answer 3

The most straight forward way is to buy a mutual fund that pays dividends monthly. There are quite a few of those. They are mostly funds that invest in debt securities and pay dividents ranging from 4.8% up to about 10%. The higher the dividend the greater the risk.

Here are several options:

GIM pays about 5.66% or 0.042 monthly on a share price of about $8.90. The fund invests in foreign government debt so your assets are somewhat hedged agains the falling value of the dollar.

WIA pays about 5.44% or about 0.0525 monthly on a share price of about $11.58. It invests in U S Government TIPS--inflation protected bonds.

EAD pays about 9.9% or about 0.1156 monthly on a share price of about $14.02. However, they just lowered their dividend.

This site will provide you with information.

Answer 4

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Answer 5

the avg rate of return of investments is 2-10% per year. If you get lucky, you'll get 15%. If you're unlucky, you'll get 0%.

So yearly, the worst you can do is $0, but the best you can do is $15,000.

Either way its not alot of money. Usually people enjoy investment income over a long period of time.

Answer 6

You could put it in a CD. You get monthly interest that you can roll over into the CD or have it do directly to a bank account. Go to bankrates.com and check out CD's. Rates vary depending on how long the CD is, ie 6mo, 9mo, 12mo

Answer 7

You could receive anywhere from $150 to $1500 or more per month depending on the risk you wish to take. For a higher interest rate you risk losing your money. For a low interest rate it is very safe.

Answer 8

I don't know about there, but I know that if you put it in a saving's account, after a year the interest would be 3500$.. that's nothing a month to live on. You'd have to talk to an investment banker.

Answer 9

You might think about investing in rental property for generating rental income. $100,000. may not buy much, but it would depend on the market area that you choose.

Answer 10

You should look into promissory notes. Usually a company will take your money and pay you interest on it every month, like a bank account, accept the promissory note interest is usually much higher. Ka-ching!