investing when retired
I'm a newbie at stocks and want to help my mother, who is 82 and obviously retired. She has about $7,500 in VKMGX, and she's getting a monthly check of about $40, about 6.4% She also has $15,000 in CDs paying about 5%. I told her she could do better and am looking for an investment that will give her a monthly check at a better rate of return. Any suggestions? Thanks
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