Quote:
Originally Posted by silverc4s
I am looking for any alternate ideas for safely investing this money at pretty low risk, but with a better than CD return.
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Unfortunately low risk and decent returns are about mutually exclusive these days. From my perspective I would be most concerned about preservation of capital rather than return. Your MIL may live 1 year or 15, i.e. what kind of health is she in? I personally would not let a financial advisor put her savings in anything that risked any serious loss as she may well not have the time to let it recover or worse you start having to withdraw funds in a seriously down markets.
I personally don't care for annuities but others may disagree and that could be an option.
If anyone knows of a "safe" investment with high returns, please let us know...