/biz/ - Business & Finance

Hello wagies, current wagie here. I was entrusted to grow a passing relatives brokerage account. My relative has had me assist them the past few years managing their account and trades which has allowed me to be his sole beneficiary and survivorship now that he has passed. My relative has asked me to grow the account for the bloodline and gift any profits or portions of the account at my discretion. I only plan to grow the money for the next few decades before giving anything to family, maybe profit sharing, in hopes it becomes worth something one day to pass on to my kids or blood relatives. The amount is substantial to me, but I have no debts and no issues with my current income. I've made a few thousands on stocks of my own the last few years but am no expert. I am thinking of selling any stocks that are currently not providing dividends, reinvest them into dividen providing options and let them sit and be reinvested. The overall account is down 6-7%, 6k-7k in stocks that have tanked. Overall the account has 94k. So, This is another "what would you do with 100k" threads. Boomer dividend memes etc. Last year the account made 3.3k off dividends, projected to be 4.3k this year. I'm hoping to push this closer to 10k a year after some years of shifting. SBR stock current has my interest with monthly dividend but they appear to be losing overall stock value. If anyone is interested I can answer questions regarding the investments or if you have recommendation's on dividend stocks /biz/?