Monthly Income Investment
I didn't receive any rental calls this weekend. I occasionally think about what kinds of investments are easily available to common folks like most of us that will help with the monthly bills. Some stocks pay dividends 4 times a year. My bills come monthly. A larger group of stocks don't pay dividends so a person would have to sell some shares to get money for the monthly bills. Bonds are like stock, but only pay twice a year or less. To peel out living expenses from CDs, a person has to remove the interest when the CD matures and re-invest the difference. Real estate pays monthly while it protects the principal. In the recent melt down, I believe rental property held it's value better than stock. I lowered my rents, but was able to keep everything rented through all this. Owning rental property in a college town is reasonably recession resistance.