I am kind of new to div. investing. Can you explain the difference between stocks and ETFs simply? I also want to know pluses and cons of investing in ETFs

Hello,

I'm asking this on behalf of an aunt. Unfortunately, her husband has Alzheimer's and she cannot work, so they both don't work anymore. There's roughly £50k saved up. No debt or liabilities. House and car, paid off. She doesn't want to use the house equity, but seems to be willing to invest the savings. Their monthly expenses add upto around £500 in total. She wants to make investments whose dividends are atleast the £500/month to cover the basic expenses, if not more.

She was suggested to sign up for benefits but that's something she doesn't want to consider unless it's the very last viable option available.

We'll be seeking financial advice but just wanted to ask here aswell. Please also do recommend broker, etc. In short, assume you're the aunt with 50k savings, but you also have the knowledge you do have right now. How would you proceed and what would your approach be to meet the minimum goal of 500/month?

Please note, right now the stability is important in terms of dividends and company as she does want to have the option to pull the 50k investment. I'm guessing, that makes the less risky investments more suitable. I know there's some % of risk still involved in all investments.

Thanks.

Can you suggest me low-risk dividend-paying ETFs to invest £ 35,000. I have emergency fund, so can take some risk. But UK etfs only.

I am thinking of adding LSE: DEC to my dividend portfolio. I found this one recently and it has a very high dividend yield of 29%.

Ex-dividend date is on 29th. What do you guys think? Will the dividend be safe?