I want to buy income.
Stock appreciation doesn't interest me; I want a reliable dividend or interest yield that is at least twice the rate of inflation.
This is the opposite of day-trading.
I have irregular access to money, so once I get it, my only thought is: how do I preserve this as capital?
I would much prefer to just stuff it all in a bank account with a good interest rate, but we all know the story there.
Do you know any books or resources on this approach to investing?
>>1026199
Google dividend aristocrats and buy stock in those companies. Reinvest dividends.
>>1026199
Actually you can put up to 30k in FDIC insured savings earning 5% apr. Check netspend.
After that you're stuck tho