What is "risk" by your definition? Is risk putting money into something for your child's education and not having enough money for college or is it putting $1000.00 into something that declares bankruptcy the next week? Many people think bonds are a less risky investment. But wait until interest rates rise and see how risk free bonds are. There is risk in the stock market also. The company that made your Keurig coffee maker has traded between $82.42 and $158.87 a share over the last 52 weeks. The stock was a risk at $82.42 all the way up to $158.87. It got riskier at $158.87 on it's way to $96.00. Which one of these met your definition of risk. Any discussion of risk needs to include the following. You don't want any risk with your money, so you put it in the bank currently earning .5%. But inflation is running over 1 %, so what now is risk? Losing to inflation is a risk. My point is, until you (and your wife) have agreed on what investment risk is, offering you advice or a solution is risky.
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