This Rock-Solid Investment Will Make Wall Street Pros Jealous
The stock market has plunged sharply in the past few weeks, with the Dow Jones Industrials (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) on the verge of falling into their first official bear market since the financial crisis in 2008. Many investors are suffering, seeing much of the gains they've enjoyed over the past decade go up in smoke. They're also looking for ways to protect some of their money from further stock market declines, especially given the uncertainty surrounding events like the Covid-19 outbreak and the price war among oil-producing companies worldwide.
There's one choice that many investors don't even see as a real investment, instead being a favorite gift for grandparents to give to young children to help them with their financial futures. Series I savings bonds aren't going to make you rich, but they will preserve your wealth -- and they'll do so in a way that professionals on Wall Street can't match right now.
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Source Fool.com
