What's a safe investment for generating income?

Discussion in 'Other Investments' started by Aurora et luna, Jan 15, 2020.

  1. SilverDJ

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  7. Mintaka

    Mintaka Active Member

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    Very interesting read. I have a mate who sold his commercial property this year. I don't know where he invested the funds. I won't touch the stock market. Businesses have been clobbered by the various governments. City units will suffer a downturn imho.
    Meh.
     
  8. Timmy88

    Timmy88 Active Member Silver Stacker

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    What type of commercial did he sell ?

    Personally commercial real estate is the best asset to generate income.
    Tenant pays all out goings, you own a tangible asset (usually on a half decent parcel of land) and you get some capital growth. You can easily live modestly off the income and not have to eat into your seed capital.

    Its my pick, but there is always a but.

    Expensive to get into in price as well as lending criteria is harder to meet, higher rates, higher deposit and the rest.

    Timmy
     

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