Hi essential,
frankly, I’d stick to a dividend-focused ETF. Let’s use this one as benchmark:
iShares STOXX Global Select Dividend 100 UCITS ETF (DE). It’s a solid product with a defined index, a dividend payout of ~5% and a TER of 0,46%. There are at least 3 alternatives available with a similar TER, but lower payout (3-4%).
If you want more, you have to go the extra mile, i. e. either betting on single stocks, accept more risk with high-yield bonds, or invest more time.
Have a look at the blog of Luis Pazos: “Nur Bares ist Wahres” ( something along the line of “Cash is King”)
He invests in Business Development Companies, Master Limited Partnerships, Stapled Securities, Royalty/Investment Trusts, Preferred Shares, and Covered-Call-Funds. This leads to a high payout, but seems to add quite a bit of complexity: Not all of these investment vehicles are readily accessible to the common investor in Switzerland, and there’s quite a learning curve when it comes to taxation.
There’s a favorable interview by the “Finanzwesir” who is usually a strong proponent of passive, low-cost and low-maintenance portfolios to get you started.
Cheers,
J.