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12 Best Investment Options in 2024




3. Government Bonds

Government bond

Govt bonds are an excellent option for a risk-free investment. The U.S. govt issues these bonds. Investing for a shorter period is better because of the fluctuations in interest rates. Government bonds offer low returns compared to other options.

If inflation keeps rising, the money invested in government bonds can lose its purchasing power. However, the risk is comparatively low because of the creditability of the U.S government since they have never defaulted on their debt. These bonds are a good fit if you have just started investing. You can invest in government bonds directly from U.S Treasury or secondary markets like various online platforms which allow you to trade ETFs or mutual funds. Brokers allowed to trade ETFs go with a no commission policy, whereas mutual funds usually have commission rates.


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