You should check out municipal bonds in your state. I&#x27;m in Cali and they do monthly dividends which are tax free. The dividends are ~5% annualized (examples: MUC&#x2F;MYC&#x2F;NVX). I&#x27;ve been up 8-10% in value too on each as I buy quality ones at a discount to net asset value.<p>You can buy and sell like a stock. Much less risky than LC and alternatives and almost 100% tax free if you buy muni bond funds from your state. Plus you can get out when you want and lock up any gains outside of dividends.