The Safe Investment That Isn't

Send us Fan Mail The safest investment in America has a government guarantee, a pen on a chain, and an interest rate of one percent. I explain what that guarantee actually promises (your dollars, not what they can buy), why an account can go up while you get poorer, and why the fear of losing money in stocks is real but aimed at the wrong target. You don't have to get over your fear. You just have to match the money to the time. Money you need soon gets a boring, safe home. Money you won't touch for years gets a job.