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You could put it in REITs.
They pay monthly dividends.
Take Apple Hospitality REIT, Inc. (ticker symbol: APLE) They own a bunch of Marriott and Hilton hotels - relatively safe. They pay a monthly .10 per share dividend on shares you own. @ the current price of $16.43 you could buy 6086 shares. @ .10 a dividend you'd get $680.00 a month x 12 = $7303.00 a year = 7.3% gain.
These are considered "Non-qualified dividends" and are taxed at your normal income tax rate.
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