How can I generate monthly income by investment?

Hi, I am looking to get some regular monthly income by my investment. Can anyone tell me how I can get the benefits from Bank saving accoutns intrest rate, Mutual fund, PF and also if there are othe options that you can suggest. PF takes 1 to many years to get return. However, it gives good return, and that is what I am looking for. I can invest 10k each option if they can give me good return. Thanks in advance!!

6 Replies to “How can I generate monthly income by investment?”

  1. You invest in stocks that pay a higher dividend yield than a bank. Invest in 3 or more stock that pay dividends, making certain each stock pays in different month and you’ll have dividends payed to you each month. Just make sure to let your broker know that you do not want to reinvest dividends .

  2. My money is currently in a fund that will likely make 12% to 15% on the year. It’s the most reliable fund I’ve come across, and I did my research. Depending on how much you’re looking to invest, that could equate to a tidy sum in a few years.

    I would explain it to you, but I’m not entirely sure how it works. All I know is it has to do with trading futures, using the S&P and Nasdaq, and it’s not contingent on which direction the market is moving.

    I could have someone contact you, if you’d like. Let me know. I don’t know if my email address is automatically attached when I write on these blogs, so here it is: [email protected]

    Good luck!

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