Hi,
For those with very low risk tolerance, where should that person put a large sum of money in?
The person is 60yo and has over 200k to invest, but is afraid of stock market. The person does not need the money any time soon. The person wants to put the entire 200k in a CD with interest rate of 0.85%. What are some low risk investments in this circumstance? I-bond seems like a great spot but it’s only 5% of the amount
For those with very low risk tolerance, where should that person put a large sum of money in?
The person is 60yo and has over 200k to invest, but is afraid of stock market. The person does not need the money any time soon. The person wants to put the entire 200k in a CD with interest rate of 0.85%. What are some low risk investments in this circumstance? I-bond seems like a great spot but it’s only 5% of the amount
Comment