Vanguard's VCSH ETF offers higher yield than CDs but with added risks, balancing income and safety.

A $1.4M portfolio in three Vanguard funds can yield $4,262 monthly without selling shares.

A portfolio of $1.4 million allocated among three Vanguard funds—the High Dividend Yield Index Fund ETF, Short-Term Corporate Bond ETF, and Real Estate ETF—can generate about $4,262 monthly income without selling any shares. The allocation balances y...