How to Make Safer Investment

[Nomad]

Simply storing cash does not give you any returns, in fact, due to inflation cash value will decrease over time. Therefore, consider putting your cash into investments that can grow over time. Although investments carry some risk, there are ways to minimize the risks. Compared to crypto, stocks are lesser risk, and compared to stocks, ETFs and Mutual Funds are less risky. If you are not into investment, buying a life insurance plan or buying gold is another safe and effective saving method worth considering.

 

[Starmix]

I only invested in local stocks and mutual fund. They are safe and I trust the companies where I invested. I think risk is less unlike investing in crypto and Bitcoins.

 

[Suba]

If you want to make safer investments, the first thing you must do is determine your goals. You also need to understand your risk profile. There are many investment instruments considered safer, such as property or residential homes, government bonds, or you can also choose blue-chip stocks.