I'm looking for safe, stable income producing investments with some growth for a 90 yr old. Any suggestions? I'm looking at intermediate bonds funds and REIT's.Thanks
jscjtc,This board is dead. Try posting on one or more of the following boards:"Retirement Investing"http://boards.fool.com/Messages.asp?bid=100154"Investing for Income"http://boards.fool.com/Messages.asp?bid=115353"Bonds & Fixed Income Investments"http://boards.fool.com/Messages.asp?bid=100135"Retired Fools"http://boards.fool.com/Messages.asp?bid=112955Also see "Managing your retirement" in the Fool's School:http://www.fool.com/retirement/manageretirement/manageretirement1.htm
Hello,Well, here are two ideas.1. Reinvest ten per cent of pretax income.2. Put some money in a growth stock fund with good bear market performance. The percentage is up to you.3. Look for a good balanced fund. FWIW Vanguard's Wellesley Fund which is roughly 65% bonds and 35% stocks what intended for situations like this. They also have a Life Strategy Income fund which you might like.Cheers,pl
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