Skip to main content
No. of Recommendations: 0
Greetings Lcrosswaite, and welcome. You asked:

<<My mom and dad are 86 and 96 (!) I am trying to advise them on some specific income producing investments.

They live solely off social security and small quarterly dividend checks from the (mostly) utility stocks they have owned for years. Neither have retirement or pension plans.

In what can they invest (with the exception of junk bonds) to generate the most money coming in regularly to help with living expenses and unforseen emergencies?>>

IMHO given their age and need for income, bonds and blue chip, dividend-paying stocks are it. I would not think an S&P 500 fund appropriate for this purpose.


Print the post  


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.
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.