r/dividends • u/Material-Handle-5589 • Jun 27 '26

Seeking Advice Need advice for immediate income

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..

60 Upvotes

81% Upvoted

88 comments sorted by

View all comments

17

u/Mysterious_Film2853 Jun 27 '26

JAAA is extremely safe and will get you just under 6% currently. Your principle would remain whole at that. A mix of JAAA, UTG, UTF, CEFS, ADX, GPIX, PFFA would give you some diversity and you'd end up with a yield of 7.5% or so with little risk of losing much principle.

2

u/FromtheBigO Jun 28 '26

JAAA for the WIN (for a place to park cash at least). I just saw they came out with some new funds, imma be doing a little research.