Income ideas?

[BryanR]

Does anyone have any income investment ideas? Yielding 7-9% with considerable safety? Capital appreciation and liquidity are not required.

[RWD]

Real estate?

[SwordGuy]

Real estate?

I second that.

[ysette9]

Does anyone have any income investment ideas? Yielding 7-9% with considerable safety? Capital appreciation and liquidity are not required.

Bitcoin and beanie babies are popular around here.

Seriously, you are probably asking for a unicorn. Return is the reward you get for taking on risk (or volatility, more precisely when it comes to stock market index funds). You can’t really have one without the other, unless it is something like real estate where you put in time and labor instead.

[BryanR]

I don't mind putting in time. I own a very lucrative duplex and do hard money loans thst have worked out well.

[Monkey Uncle]

That level of yield probably doesn't exist, except maybe for the junkiest of junk bonds.  For higher yields than you can get from investment grade bonds and dividend paying stocks, you might check into REITs, preferred stocks, closed-end bond funds, and master limited partnerships.  I'm no expert on any of those, so I can't really give you any specific advice, other than to learn about them and see if they're right for you.  I learned enough about them to determine that I didn't want to put in the work involved in constructing and managing such a portfolio.

[Greystache]

Thinking a little out of the box here. If you believe cost avoidance is the same as income, then depending on your location and energy usage, you might be able to get that kind of return on installing solar panels.  My return was less than that, but I had a less than ideal site.

[MDM]

Yielding 7-9% with considerable safety?

Depending on your definition of "considerable" you could retire as a New York City teacher and put it all in the 7% Fixed Return Fund.

[jim555]

I don't want 7% if my principal goes down by 6%.  What matters is total return.

[BryanR]

I don't want 7% if my principal goes down by 6%.  What matters is total return.

Well if my principal goes down and up and down and up but in 20 years it is break even or up, that is fine with me.

[Villanelle]

You are basically asking how to beat the stock market, with little risk.  If that existed, don't you think everyone would already be doing it?

[Car Jack]

Easy.

Get a job.

[ysette9]

Easy.

Get a job.

Yup, this.

[BryanR]

Ive had hard money loans at 10% and 60ltv in my home city that pay like clockwork and are great. I just don't have any good ones right now.

Thankfully, I don't need a job 😃

[soccerluvof4]

When you find it let me know!

[MJseast]

You could loan money to legal cannabis businesses. Since cannabis businesses can only bank with certain credit unions, most traditional loans are not an option. The industry relies on private money so it's expected that there is a high rate of return for the lender. I don't think it would be any riskier than lending to other businesses, as you can still require a personal guarantee, or if they are using the money to purchase property then you could put a lien on the property. Or along these same lines, you can purchase a commercial building (paid in full or loan held by credit union who is cool with cannabis) and charge the cannabis business above market rate rent.

[BryanR]

Mj that is a great idea! A way to be involved in that
Industry higher in the capital stack.