What can I invest in that will pay me monthly?

Another popular choice for monthly income investments is Certificates of Deposit (CDs). CDs offer a fixed rate of interest for a specified period, usually ranging from a few months to several years. They are considered safe investments due to the guarantee provided by financial institutions.

Dividend-Paying Stocks are another viable option for investors seeking monthly income. These stocks pay out dividends on a regular schedule, which can provide a steady stream of cash flow. However, it's important to note that dividend-paying stocks can be volatile and may not suit all investors.

Bonds are another traditional investment option that can generate monthly income. Bonds are financial instruments that represent a loan made by an investor to a borrower, usually a corporation or government. In return for lending their money, bondholders receive interest payments on a regular schedule.

Annuities are financial contracts that provide a stream of payments to an individual, typically in retirement. They can be structured to provide monthly income and offer a degree of certainty and security. However, annuities can be complex and may involve fees and restrictions.

When searching for the best monthly income investments, Savings Accounts often stand out as a reliable option. They provide a steady stream of interest income and are generally low-risk. Savings Accounts are suitable for investors who prefer stability and predictability in their returns.