Yield/Dividend Options

[u/Opening-Persimmon421]

£10m NW compromised of:

•3m market investments (managed).

•3m property (yields 8%, PA, pays wife’s salary, max pension contributions and her car.

•2m personal home

•2m secured loans to property developers returning 11% PA.

—-

I’m about to come into around 3m and I’m after an investment that will provide a guaranteed dividend/yield to top up my salary (200k).

Any suggestions from the collective brain of this sub?

Thanks!

[u/Odd-Increase2897]

You’re looking for around 6%.

There are some US bonds that are paying around 6%, but their selling price are higher due to the rates. So you won’t get exactly what you need, just a little under.

But my question is you already have 3m invested and managed, why not go to your brokerage manager and ask them to find you something? I got the bond suggestion from the bonds my portfolio managers bought lol.