3 Stocks to Supplement Your Social Security Income
Social Security income can be a welcome arrival every month, but investors may want a little more to supplement it. If you're looking for additional income that's steady without sacrificing the possibility of gains, you might want to try the real estate investment trust (REIT) sector. REITs are required by law to distribute most of their income as dividends (if they meet that requirement, they don't have to pay corporate taxes). And the businesses they focus on are usually tailor-made for consistent cash generation.
Here are some REITs that may be good investments for an income-minded investor, specializing in essential services like drugstores and dollar stores, the growing mobile-data industry, or highly conservative government-guaranteed securities.
Source Fool.com