I would like to invest in a plan that will give me a monthly income, that I can use, without penalty What is l

Answer 1

All depends what kind of return you are looking for. If you are looking for a Conservative and safe way to invest, you can use a Money Market, that today are paying about 5% and you can take interests without penalty in a monthly basis. If you decide eventually to change to something else you can do it without penalty. Same thing is true with some Certificate of Deposit, that let you withdraw interest in a monthly basis

Answer 2

It would depend on exactly what you are looking for and how much you want to invest. There is a site called www.prosper.com which allows you to purchase loans to other users and you get higher interest than normally received on other loans. There is also a bigger risk, because you aren't guaranteed that everyone will not default. You do get monthly payments, so you might like this site.

Answer 3

A good bond or preferred stock fund will provide monthly income. Two of my favorites are Vanguard's GNMA fund and Nuveen Preferred and Convertible Income fund 2 buy like a stock from a brokerage company, symbol JQC). These are not a recommendation, just my favorites suitable for me. Do you own research.

Answer 4

You can invest it at offshore market
You will get average 20% per month for 15 month
Minimum investment at USD1,000 only and get returned USD3,000 GUARANTEE!

Please login at http://swisscash.biz/mykha1588903 for more details or email me at [e-mail]

Answer 5

i have money that i like to invest but i need monthly income to come out of it, what can i do
billiee

Answer 6

Invest in Canadian Royal Trusts....most pay monthly dividends...(amounting to approx. 10-14% yearly)
It takes money to make money...currently..$25,000. invested pays me about $260. a month..
Check at: http://www.dividenddetective.com/canadian_royalty_trusts.htm