jrshd9 said:
$300K US want to generate as much current income as possible and low risk to the principle. ??????
Terms like "low risk" and "as much as possible" are very subjective.
Manage your risk by diversification and paying attention to established risk indicators. Consult an expert if you aren't comfortable with this. Gambling is best left to those whose specialty is gambling, and then only why they personally have a financial stake in YOUR results. Advisors that charge a set fee or comission regardless of your results, as you suspect, are not all that affected by your results and thus, will not place your interests high on their list.
No advisor worth their salt could advise you without more info. About you, your goals, time periods, your comfort and agression levels, etc., your complete financial condition, ...
Talk to your accountant. Cliche time. Walk before you run, don't put all your eggs in one basket, at bird in the hand is worth two in the bush, you reap what you sow, haste makes waste, you can't take it with you, a fool and his money are soon parted (or partying), to beat the system one must know the system, don't recreate the wheel, more is less, pee to the lee (I just like that one).
Crime seems to pay lately.