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safest investment option
I have inherited a relatively large sum of money.
I would either like to invest in my own business, or to find some sort of steady investment plan. Has anyone got any ideas? With the current economic situation i do not want to just leave it in my bank account.
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It depends, if you want the lazy and safest option, my recommendation is to invest in some savings bonds. There is two types, I went with the EE bonds which give you a fixed interest for 30 years where I am still taking in a nice sum. The other type, i cant remember what it is called, the interest changes with inflation. Obviously this has its benefits, but you would probably have to keep an eye on it.
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