Quote Originally Posted by Pooh View Post
The main problem is we're in a rare place where interest rates are super low and the stock market is super inflated meaning there aren't great places to make either interest or dividends. Sure you can still get 4 or 5% in dividends in some stocks but the capital loss will more than offset that once the market takes a dump which it will. If he just wants income and doesn't care about principle as much then it is a much easier decision.

High yield CEFs? Spread is currently 6% so it isn't time to buy, it's time to hold those even though many are paying over 10%.

Stocks like T, VZ and O? Still paying a nice yield but shares are inflated.

I got nothing. Have him throw it in something like BOND and wait out the carnage when it happens later this year and 2017. Then there will be a shit ton of things to buy.

Good shit. I will be relaying all of this to him.

Sounds like the worst possible time to make money through traditional means unfortunately.

We know rates aren't going to spike anytime soon, and I agree stocks aren't the place to be either with the recent run up.