I'm not sure which forum would be the most appropriate for this, so I'm going with this one. I have a friend with limited trading experience but pretty solid real estate investing. He is retired and asked me if I knew a conservative approach that would return around 10% a year which he would use to augment his other income from investments. He is open to just about any approach--doesn't have to be trading. He said he was going to diversify among a few trust deed funds but doesn't think that's wise right now because of the problems with non-prime lending. I have traded a junk bond fund approach for many years and have averaged slightly over 11% with a MMD of 2.2? and he's interested in learning that (very simple) but wants to diversify into at least another approach or two. Any suggestions on how to pull out 10% a year with low risk?