No. of Recommendations: 0
This is my first foray into communicating with other Fools. I am in a situation where my dividend income is currently my only income. I am a member of Stock Advisor but find myself needing to invest approximately 20K in a manner that has me looking at growth/income stocks and MLP's that would generate at least 3.5%. I am considering purchasing some JNJ and have begun research into MMP. Obviously the higher the yield, the better my ability to pay bills and stay ahead of increased living expenses. At the present time reinvesting dividends is no longer an option.
Would like to hear some suggestions for where to put this particular sum of money. I have tended towards being invested in growth stocks in the past, but life has intervened!!
Suggestions?
Thanks in advance to all who respond.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement