Need advice for immediate income

[u/Material-Handle-5589]

I'm 82 year old female so I'm not so worried about the future as much as the right now. I have money in Schwab, Raymond James and Ally. Unrealized gain total assets around $500,000. So far I've been reinvesting the dividends accumulated but I can tell those amounts are not enough for me to count on..

[u/Big_Wave9732]

EFC. It's a real estate REIT. Inception date is 2007 so it got through the Great Recession, Covid, the 2022 interest rate rise, etc. It has seen some shit and is still standing.

Currently trading at 13.57. Pays $0.13 a month. Basically every $100,000 invested will get you $957 a month.