14. Safe Investments Are the Way to Go
To most people, safe investments — like bank savings accounts, CDs and money market funds — mean that they are “safe” from losing money or declining in value. While these investments are safe, they offer very meager returns compared to those available in bonds, stocks or other “risky” securities. People who are saving for long-term goals, like retirement, face the prospect of losing purchasing power to inflation as a result of playing it too safe with their money.
