Safe Investments That Will Help Ensure Your Cash Is More Secure

Although you may have a “buy and hold” approach and years to go before you need to dip into your investments, having a blend of safe investment options can help you weather economic storms. 

What Are Safe Investments? 

Safe investments are assets that will help put your money to work, but do not face the same risks or volatility that the traditional stock market might create. 

Low-Risk Safe Investment Options

I think many are excellent options pending your risk tolerance, but there are a few safer investments you might want to dabble in. 

Traditional Savings Account

The reason it is a safe investment is that you won’t lose money due to economic fluctuations and is insured up to $250,000 via the FDIC. 

These online-only banks typically can offer more interest because they have less overhead costs and can instead put that towards their customers.

High-Yield Online Savings Accounts

Essentially CD investments are options that the bank promises to pay you a set rate of interest over a specified term if you leave money in that CD until the term ends. 

Certificates of Deposit (CDs)

Fixed Annuities 

A fixed annuity is just a contract with an insurance company where you provide them money to manage and they pay you a guaranteed return.

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