answersLogoWhite

0

Yes they are good. aAny mutual fund is a good choice. You can choose to make regular payments or open an account with one large payment if your incoe isn't steady.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What are the benefits of investing in income producing mutual funds?

Investing in income-producing mutual funds can provide a steady stream of income through dividends and interest payments. These funds can also offer diversification, professional management, and potential for long-term growth.


What are mutual funds in regards to retirement savings?

Mutual funds are shared investments that are open to most people. In regards to retirement savings, one can use mutual funds to gain a steady supply of money.


How can I utilize mutual funds for income generation?

You can utilize mutual funds for income generation by investing in funds that focus on dividends or interest payments. These funds can provide regular income through distributions of profits earned from the underlying investments. Additionally, you can choose funds that offer a systematic withdrawal plan, allowing you to receive a steady stream of income. It's important to research and select funds that align with your income goals and risk tolerance.


Can you buy a new house if you are upside down on your house?

Yes, if you have a huge and steady income and can afford to pay both mortgages.Yes, if you have a huge and steady income and can afford to pay both mortgages.Yes, if you have a huge and steady income and can afford to pay both mortgages.Yes, if you have a huge and steady income and can afford to pay both mortgages.


What did migrants do to maintain a steady income?

In an attempt to maintain a steady income, workers had to follow the harvest around the state. When potatoes were ready to be picked, the migrants needed to be where the potatoes were.


What is the meaning of steady income?

Steady income refers to a consistent and reliable flow of earnings over time, typically derived from employment, investments, or business activities. This type of income is predictable and helps individuals or households manage their financial obligations effectively. It contrasts with irregular income, which may fluctuate due to varying factors. Steady income is often crucial for budgeting and long-term financial planning.


If your an actor how long until a steady income?

Depends on how good you are and if you have an agent.


Why is it important for people to earn steady income?

Earning a steady income is crucial as it provides financial stability, allowing individuals to meet their basic needs such as housing, food, and healthcare. It also enables long-term planning and savings for future goals, such as retirement or education. Additionally, a reliable income fosters a sense of security and reduces stress, contributing to overall well-being and quality of life.


What are the main advantages of using the Washington Mutual Fund?

A Washington Mutual Fund sports advantages such as low fees, low risk, and steady growth. Though it is important to note that Mutual Funds to do not provide the investor with much flexibility.


What are the different types of fixed income investments available in the market?

The different types of fixed income investments available in the market include bonds, certificates of deposit (CDs), Treasury securities, municipal bonds, and corporate bonds. These investments pay a fixed rate of return over a set period of time, making them a popular choice for investors seeking steady income.


How old does a minor have to be in Reno Nevada to file for emancipation?

16 with a steady income or married.


Why was it an important change that Roman soldiers no longer had to own property to serve in military by the beginning of the 1st century BC?

The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.