Managing assets between jobs

FOX TOLEDO NEWS - Dale from Swanton says he had to sell some land to make up the difference between income and expenses after losing his job.

He's making next to nothing while that money sits in a savings account, so he wants to know if there's a way to make more interest, while keeping it liquid - in other words, keeping immediate access to the money.

Investing in individual stocks is a great way to make a high gains while keeping your money very liquid.

But if you can't tolerate that risk, market accounts will usually give you a better interest rate than a savings account will.

Or you can try what's called Master Limited Partnerships. They combine the tax benefits of a limited partnership with the liquidity of publicly traded stocks
MLPs pay you through dividends, some as high as 10-percent and more.

So perhaps the distributions from this investment could help cover expenses while your income is lower. Or you can reinvest the dividends. The earnings are up to 90-percent tax deferred until you sell.