there is nothing totally safe.
The Bogleheads can explain to you exactly how to make 5%-7% with relative security.
Even passbook savings inside my youth may have already been lost if a bank failed. FDIC insurance coverage were only available in 1934, however the insured limitation ended up being pretty low until 1980, whenever it rose from $20,000 to $100,000 (its now $250,000). Continue reading