I can tell you where the current returns are 10% but they may change with time.
Your best bet is a closed end fund specializing in writing covered calls. They are most likely to privide a somewhat stable return over time.
BEO and BEP are a couple of candidates. Neither has a very long track record but the promise is there.
Another is EEF. Similar strategy. Also greater than 10% return.
The main problem with this strategy is that you will have to pay annual taxes on the 10% income unless it is in a Roth IRA.
And that 10% return may not last. Other covered call funds are returning closer to 9.0%.
A better strategy might be to invest in a fund that has a history of a better than a 10% average over time. It however can vary significantly from year to year.
For example GAM has annual return since 1979 of 15.6%. The fund however has been in existance since 1927. Not too many funds can claim such a long record or such a solid long term annual return.
Here is another almost as old. ADX been in existance since 1929. Annual return since 1979 is 12.9%
Source(s):
http://www.etfconnect.com/select/fundpag...
http://www.etfconnect.com/select/fundpag...
2006-10-15 03:03:46
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answer #1
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answered by Anonymous
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If you want a higher return you have to take on more risk, You could buy an electric utility like Florida Power and Light (FPL) which returns around 4% as a dividend. Some of the natural gas royalties trusts like San Juan (SJT) return around 8%.
If you are looking for good ideas on how to invest in the stock market, I would suggest
http://top10traders.com
- this site lists out the portfolios of the best traders. You can see what they are investing in. Many are making more than 10% return. You can also create you own portfolio with play money (the site is totally free), and see what kind of return your stocks idea would yield. Good Luck!
2006-10-15 10:14:04
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answer #2
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answered by jojo 3
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Canadian Natural gas trusts yield over 10% now and unless oil drops below $40 a barrel should continue to do so. They were knocked down to good buys in recent oil price decline. PWI and AAV are good ones.
2006-10-15 04:00:45
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answer #3
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answered by skua 1
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egyptian bank can offer u 12 to 15% on a local currency long term.
call me to guide u .. yaser19622001@yahoo.com or
+20 12 32 88 201
2006-10-15 03:14:14
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answer #4
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answered by YASER h 1
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This was much better then 10% for me, I LOVE IT! I've never looked back. GO TO shahansdestinations.com AND GOOD LUCK ON THE JOURNEY!!!
2006-10-15 07:46:54
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answer #5
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answered by Laura S 4
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