it's safe to invest in guarseed for long term?

Answer 1

There are a few approaches for something like that. One is to put money in the bank and let the bank pay you interest. Another is talk to an insurance agent about an annuity. Or you can buy government notes and bonds.

Long term money saved in a bank, an American bank in particular, has government-sponsored insurance to cover your deposits (not interest) for up to $100,000 per different bank. (Down the street from me is a bank I will call E and another I will call U, so I could put $100k in E bank and another $100k in U bank, etc. and the government would insure me, separately for $200k if both banks failed). Certificates of deposits often pay the best interest. A link to bankrate.com is below.

Another approach is the basic annuity. An insurance company, usually a life insurance company, has a program to save and invest your money until you are ready at retirement for them to pay you back, usually in monthly installments. Often this can be for as long as you live (if you live longer than most, you win; if you live shorter than most, the insurance company wins). A link to the Insurance Information Institute is below. Several years ago I worked for Mutual Benefit, then the second oldest insurance company in the country. But it went bankrupt, so those I sold those whole life policies because of the great history of paying dividends lost what they put in. The annuity business, however, was required by law to invest their money differently. Mutual Benefit was a superbly good company that didn't diversify beyond the northeast region so when a housing bubble there burst (insurance companies commonly invest in home mortgages), they were stuck. Not a single annuity policy failed, not one. Annuities are different. Annuities, even in a good company that falls on hard times, are good.

If all else fails, until the government fails, there is always the government's debt. They may have to print up some fresh notes to pay you back (an old fable, it is more complex than that), but you will get paid--for federal debt. State and municipal debt is another story. Some is insured but there have been some radical moments when a state or city simply could not make its payments and the financial instrument then was in default. Usually, but not always, they later make good on their debts, but the most reliable was the federal government. The last time the federal government had really been bad on debt was when the currency was called a "Continental", centuries ago. Some folks will give you grief for buying savings bonds, or even treasury bonds, but they (savings bonds) aren't the bad deal they used to be. You pretty much have to shell out $10,000 to buy a treasury bond, but savings bonds are far more convenient. I have a link to that below.

Another thing, hinted at in the last paragraph. You don't have to feel bad for wanting to be safe. As commonly reported, Samuel Clemens (Mark Twain) was famously bad at investing and reputedly said, "It is not so much the return on my investment that interests me as the return of my investment." You are in good company and it is a fair question.

Answer 2

yes

with charts only

1600-50-1700 best buy level 4 LT Q 2 yr