I’m in a comfortable situation that I could sell our property in Eastern-Europe, where (I guess most countries in HU-SK-CZ-PL) prices have skyrocketed in the past 5 years to ridiculous levels - but trees don’t grow into the skies…
So… my target is to use that money to pay mostly pension for my mom… so I’d like a fix income concept that bears more than the usual 0.01% interest I’d get from my friendly advisor at PF
We’re relatively well invested (property, equity, bonds), but our cash portion is already way higher than I’d want to see it, and adding more cash will not make things better - although, at these valuations I’m not comfortable dropping a 6-figure amount into the VOO/VWRL bucket either - I’d not sleep well.
I’m thinking of “safe” or dividend investments - Swissre is still at 6.93% (although with a payout ratio of -200% ), Zürich Insurance is at 5.3%, Helvetia following close with 4.96%. As long as I don’t intend to cash these positions, these seem rather safe investments for me (with the risk of the board reducing payout and the intrinsic risk of losing value on the stock price should I ever want to cash them).
Anything else I could be looking into in the 4-6% range, with some relative stability?