What investments are 99.9%* safe, as safe as a savings account?
*I put 99.9% because I suppose nothing is 100% safe. Even money under your mattress could be stolen or lost.
There are no investments that are 99.9% safe. The best you dan do is to understand the market and spread your money among multiple investment types. This is called diversification. The market could be:
The list goes on. Do some research and spread your investment dollars and you will do well.
Education and Experience are 100% safe. In fact they grow as one teaches what one has learnt.
Regarding money, the best way to be safe is to ensure that everyone in society is well cared for. That is the only way to be really "safe". Otherwise, there is always a chance that the money under the mattress will be stolen or the savings in the bank will be lost due it going belly up during a recession/depression.
Investments--as has been noted--are based on risk. Investments guarantee only that they guarantee nothing.
Diversification is a ploy used by investment sales reps--that call themselves advisors--to make sure they are guaranteed an income while you are guaranteed--you guessed it--nothing.
ON the other hand, participating whole life insurance policies have returned guaranteed returns and very reliable dividends for over 100 years and continue to do so today. Many who choose whole life as the foundational product in their personal economies end up with no debt, no mortgage, ready cash, and a secure retirement income--not to mention a legacy to pay forward.
You can buy Certificates of Deposits from banks that are federally insured by the government for up to $250,000. They usually provide slightly higher returns than savings accounts, but you have to lock your money up for a certain time period, usually between 3 - 12 months. With the insurance, they are 100% safe (assuming the government doesn't default).
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