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Where can i invest money and i will get return on monthly basis?


Where can i invest money and i will get return on monthly basis?

Get a CD from any bank and have option to deposit interest every month to your checking account.

Buy a bond with monthly coupon payment.

Get an annuity with monthly payment.

Monthly is probably some type of money market or short term investment or putting it in a high-yield bank account. Even the most short term bonds are 3 months, and you don't want to invest in stocks on a month-by-month basis.

HSBC Internet Savings account or Emigrant-Direct Money Market. Both are 4.5-4.8% with monthly interest payments that compounds daily.

The mutual fund below pays dividends monthly and they are tax free. Unfortunatly, there is a front end load.

AGG an exchange traded index fund pays monthly. Current yield 4.68% but the price is falling.

TIP an exchage traded index fund pays almost monthly. It's price is also falling.

AVK an exchange traded closed end fund pays monthly. Current yield: 8.38%

BDJ a newer offering currently paying 9.04% pays monthly.

Vanguard has several funds that pay monthly. One is VBMFX.
If you go to their site and step through the question and answer session, they will tell you what funds they have that meet your criteria.


A money market account at a stock broker pays dividends monthly, also at a bank, but the rate will be pathetic.

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