Are you looking for a secure place to park cash?

There are many ways to do safe investments but even save investment have risks, because all investment have risk! In particular you can be exposed to three different kind of risk:

• the potential to lose principal: this is the biggest risk
• loss of purchasing power due to inflation
• illiquidity: this means that you will have to pay a penalty to get your money.

In order to make safe investment you should avoid to make bad investment: this is the reason why you should know what to look for! Avoid liquid investment because they can limit flexibility too but they may offer higher returns. Avoid investment that pay upfront commissions. Avoid investment that you don't understand. Don't pull your money in the same type of investment. Avoid investment whit surrender charges because they limit flexibility and flexibility is important especially as you get older because life comes at you fast!

Let us go back to the safe investment: there are 5 type of investment that are considered safe.

1. BANK SAVINGS ACCOUNTS: these is an account created in order to hold the money that you don't need immediately.
2. CERTIFICATED DEPOSIT
3. GOVERNEMENT ISSUED SECURITIES
4. MONEY MARKET ACCOUNT: these investment are not so safe like bank savings account or certificate of deposit but are considered a secure place to invest.
5. FIXED ANNUITIES: these is simply a contract with an insurance company .

You will have to  read and learn in order to succeed in your investment! Good Luck!