LFSPA.
Not risk free, but not volatile either. Although even that underperforms compared to an index fund.
Not risk free, but not volatile either. Although even that underperforms compared to an index fund.
Not saying it's necessarily the ideal vehicle but anything beats the banks.
while you’re at it maybe pick up some Indian bonds which have a high coupon close to 8%?
The modern version is to go hard into equities and out-grow the drawdown risks. You still want a couple years of burn in treasuries but that is strictly a buffer against adverse returns. By the time you retire, the treasury fraction is a tiny fraction of the total by virtue of the equity growth rate.
The sibling comment addresses bond funds.
ZIRP, 2008, Covid, trump, big tech, and AI all came after Boyle.